Form 4: Twist Bioscience Executive Sells Shares to Cover Tax Obligations
SEC Form 4
Dennis Cho, a Senior Vice President at Twist Bioscience, sold shares to cover tax withholding obligations related to vesting Restricted Stock Units.
Summary
- On March 14, 2024, Dennis Cho, Senior Vice President, Chief Legal Officer & Corporate Secretary of Twist Bioscience Corp, sold 93 shares of common stock at a price of $34.6 per share.
- The sale was executed to cover tax withholding obligations associated with the vesting of Restricted Stock Units.
- Following the transaction, Cho directly owns 81,363 shares of Twist Bioscience common stock.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (sale of shares to cover taxes). It doesn't indicate positive or negative sentiment about the company's prospects.
Industry Context
Sales to cover taxes on vesting shares are a routine part of equity compensation and are not necessarily indicative of a negative outlook on the company.
Key Dates
| Date | Description |
|---|---|
| 03/14/2024 | Date of stock sale transaction. |
| 03/18/2024 | Date of Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.