Form 4: Twist Bioscience SVP of Human Resources, Paula Green, Sells Shares to Cover Tax Obligations

Paula Green, SVP of Human Resources at Twist Bioscience, sold 291 shares of common stock on March 20, 2025, to cover tax withholding obligations related to the vesting of Restricted Stock Units.

Summary

• On March 20, 2025, Paula Green, the SVP of Human Resources at Twist Bioscience Corp, sold 291 shares of the company's common stock.
• The sale was executed at a price of $41.676 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 130,621 shares of Twist Bioscience Corp.
• The sale was mandated by Twist Bioscience's equity incentive plans, which require a 'sell to cover' transaction to satisfy tax obligations.

Sentiment

Score: 5

Explanation: The document describes a routine transaction (sell to cover taxes) and doesn't contain any information that would significantly impact investor sentiment positively or negatively.

Industry Context

Sales of shares to cover tax obligations upon vesting of restricted stock units are a common practice among corporate executives and employees who receive equity compensation. This type of transaction is generally viewed as a routine part of equity compensation management and doesn't necessarily reflect a change in the executive's confidence in the company's future prospects.

Key Dates

Keywords

Twist Bioscience, Paula Green, stock sale, Form 4, SVP Human Resources, tax withholding, restricted stock units, TWST