Form 4: Twist Bioscience Corp. Executive Sells Shares to Cover Tax Obligations

Patrick John Finn, President and COO of Twist Bioscience Corp., sold shares to cover tax withholding obligations related to the vesting of Restricted Stock Units.

Summary

• On April 23, 2025, Patrick John Finn, the President and COO of Twist Bioscience Corp., sold 2,058 shares of common stock at a price of $39.995 per share.
• The sale was executed to cover tax withholding obligations associated with the vesting of Restricted Stock Units.
• Following the transaction, Finn directly owns 265,460 shares of Twist Bioscience Corp.
• The sale was 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.

Sentiment

Score: 5

Explanation: The document describes a routine transaction (sell to cover taxes) and doesn't contain information that would significantly sway sentiment positively or negatively.

Industry Context

Sales of shares to cover taxes on vesting equity are a common practice among company executives and are not necessarily indicative of the executive's sentiment about the company's future prospects.

Stakeholder Impact

• The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to have a significant impact due to the nature of the transaction.

Key Dates

Keywords

Twist Bioscience Corp, Patrick John Finn, stock sale, Form 4, tax withholding, restricted stock units, TWST, executive compensation