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 918 shares of common stock on March 6, 2025, to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On March 6, 2025, Paula Green, the SVP of Human Resources at Twist Bioscience Corp, sold 918 shares of the company's common stock.
- The sale was executed at a price of $40.913 per share.
- This transaction was conducted to cover tax withholding obligations associated with the vesting of restricted stock units.
- Following the transaction, Green directly owns 130,912 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: This is a neutral event. It's a routine transaction for tax purposes and doesn't indicate a change in the executive's confidence in the company.
Industry Context
This is a routine transaction related to executive compensation and tax obligations. It is common for executives to sell shares to cover taxes when restricted stock units vest.
Key Dates
| Date | Description |
|---|---|
| 03/06/2025 | Date of the stock sale transaction. |
| 03/10/2025 | Date of signature for the Form 4 filing. |
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