Form 4: Twist Bioscience Officer Sells Shares for Tax Obligations

Twist Bioscience's Chief Legal Officer, Dennis Cho, sold 1,019 shares of common stock to cover tax withholding obligations related to restricted stock unit vesting.

Summary

• Dennis Cho, Senior Vice President, Chief Legal Officer & Corporate Secretary of Twist Bioscience Corp (TWST), reported a transaction on November 3, 2025.
• Cho disposed of 1,019 shares of common stock at a price of $32.0794 per share.
• The total value of the shares sold was approximately $32,608.91.
• This sale was a 'sell to cover' transaction, mandated by the Issuer's equity incentive plans to satisfy tax withholding obligations in connection with the vesting of Restricted Stock Units.
• The transaction does not represent a discretionary trade by Dennis Cho.
• Following this transaction, Dennis Cho beneficially owns 120,694 shares of Twist Bioscience Corp common stock.

Sentiment

Score: 5

Explanation: The transaction is a routine, non-discretionary 'sell to cover' for tax purposes, which is a neutral event and does not indicate a change in management's confidence or company performance.

Future Outlook

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

Industry Context

This filing is a routine insider transaction report (Form 4) detailing a non-discretionary 'sell to cover' sale by an executive. It does not provide information relevant to broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, non-discretionary tax-related sale by an insider, not indicative of a change in investment sentiment.

Key Dates

Keywords

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