Cho Dennis 4
4 · Twist Bioscience Corp · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
Twist Bioscience (TWST) SVP Dennis Cho Sells 425 Shares
What Happened
- Dennis Cho, Senior Vice President, Chief Legal Officer & Corporate Secretary of Twist Bioscience, disposed of 425 shares on March 6, 2026 in an open-market sale at $46.43 per share, totaling $19,731.
- The filing notes these shares were sold to satisfy tax-withholding obligations tied to RSU vesting (a mandated "sell-to-cover"), not a discretionary sale signaling a trading decision.
Key Details
- Transaction date and price: 2026-03-06 — 425 shares @ $46.43 each.
- Total proceeds: $19,731 (before any taxes/fees).
- Reason/footnote: F1 — sale required to cover tax withholding for RSU vesting; issuer-mandated sell-to-cover.
- Shares owned after transaction: Not specified in the provided filing excerpt (see full Form 4 for post-transaction holdings).
- Filing date: 2026-03-10 — filing appears timely (within SEC Form 4 reporting window).
Context
- Sell-to-cover transactions are routine when restricted stock units vest and are commonly used to meet tax obligations; they do not necessarily reflect the insider’s view on company prospects.
- This was a sale to cover taxes, not an option exercise or a discretionary market sell; treat it as administrative rather than a strong market signal.
Insider Transaction Report
Form 4
Cho Dennis
See Remarks
Transactions
- Sale
Common Stock
[F1]2026-03-06$46.43/sh−425$19,731→ 138,257 total
Footnotes (1)
- [F1]Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of Restricted Stock Units. These sales are mandated by the Issuer's election under its equity incentive plans to require the satisfaction of a tax withholding obligation to be funded by a "sell to cover" transaction and do not represent discretionary trades by the Reporting Person.
Signature
/s/ Kendra Fox, as Attorney-in-Fact for Dennis Cho|2026-03-10