Form 4: Twist Bioscience Exec Sells Shares for Tax Obligations

Twist Bioscience Senior VP Dennis Cho sold 3,876 shares of common stock to cover tax withholding obligations related to PSU vesting.

Summary

• Dennis Cho, Senior Vice President, Chief Legal Officer & Corporate Secretary of Twist Bioscience Corp (TWST), reported a transaction.
• On October 6, 2025, Cho disposed of 3,876 shares of common stock.
• The shares were sold at a price of $32.187 per share.
• This sale was mandated by the issuer's equity incentive plans to satisfy tax withholding obligations associated with the vesting of Performance Stock Units (PSUs) and does not represent a discretionary trade.
• Following this transaction, Cho beneficially owns 98,710 shares of common stock directly.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary 'sell to cover' transaction for tax purposes, which has a neutral sentiment as it does not reflect management's discretionary view on the company's prospects.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This specific transaction, a 'sell to cover' for tax obligations, is a routine event for executives receiving equity compensation and is not indicative of broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, non-discretionary transaction for tax purposes and does not signal a change in executive confidence or company fundamentals.

Key Dates

Keywords

Twist Bioscience, TWST, Dennis Cho, Insider Trading, Form 4, SEC Filing, Stock Sale, Tax Withholding, Performance Stock Units, PSUs