Form 4: Twist Bioscience SVP of Human Resources, Paula Green, Reports Stock Transactions

Paula Green, SVP of Human Resources at Twist Bioscience, reports the acquisition and disposition of company stock to cover tax obligations related to vesting restricted stock units.

Summary

• On November 4, 2024, Paula Green, SVP of Human Resources at Twist Bioscience, reported transactions involving Twist Bioscience Corp [TWST] common stock.
• Green acquired 30,000 shares and 7,485 shares of common stock at $0 related to performance stock units (PSUs) for which target criteria was met.
• 60% of the PSUs remain subject to time-based vesting and will vest on October 1, 2025, subject to continued service or acceleration of vesting as provided in the award agreement.
• Green also disposed of 1,057 shares at a price of $41.564 per share to cover tax withholding obligations related to the vesting of Restricted Stock Units.
• Following these transactions, Green beneficially owns 121,013 shares of Twist Bioscience common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment.

Future Outlook

60% of the PSUs remain subject to time-based vesting and will vest on October 1, 2025, subject to continued service or acceleration of vesting as provided in the award agreement.

Industry Context

Form 4 filings are standard practice for reporting insider transactions and provide transparency to investors regarding the buying and selling activities of company executives and directors.

Stakeholder Impact

• The transactions provide transparency to shareholders regarding insider activity.

Key Dates