Form 4: Twist Bioscience SVP of Human Resources, Paula Green, Sells Shares to Cover Tax Obligations
SEC Form 4
Paula Green, SVP of Human Resources at Twist Bioscience, sold 1,259 shares of common stock on February 3, 2025, to cover tax withholding obligations related to the vesting of Restricted Stock Units.
Summary
- On February 3, 2025, Paula Green, the SVP of Human Resources at Twist Bioscience Corp, sold 1,259 shares of the company's common stock.
- The sale was executed at a price of $49.352 per share.
- This transaction was conducted to cover tax withholding obligations associated with the vesting of Restricted Stock Units (RSUs).
- Following the transaction, Green directly owns 132,014 shares of Twist Bioscience Corp.
- The sale was mandated by Twist Bioscience's equity incentive plan, which requires a 'sell to cover' transaction to satisfy tax obligations.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (selling shares to cover taxes on vested stock). It doesn't indicate 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 |
|---|---|
| 02/03/2025 | Date of stock sale transaction. |
| 02/05/2025 | Date of signature on the Form 4 filing. |
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