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 the vesting of restricted stock units.
Summary
- On March 14, 2025, Dennis Cho, Senior Vice President, Chief Legal Officer & Corporate Secretary of Twist Bioscience Corp, sold 92 shares of common stock at a price of $40.048 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 111,892 shares of Twist Bioscience common stock.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (sell to cover taxes) and doesn't indicate any significant positive or negative sentiment.
Industry Context
Sales of shares to cover tax obligations upon vesting of restricted stock units are a common practice among corporate executives.
Key Dates
| Date | Description |
|---|---|
| 03/14/2025 | Date of stock sale transaction. |
| 03/18/2025 | Date of signature on the Form 4 filing. |
Keywords
Twist Bioscience, TWST, Dennis Cho, Form 4, Stock Sale, Tax Withholding, Restricted Stock Units, Executive Compensation
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