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 297 shares of common stock on September 20, 2024, to cover tax withholding obligations related to vesting Restricted Stock Units.

Summary

• On September 20, 2024, Paula Green, the SVP of Human Resources at Twist Bioscience Corp, sold 297 shares of common stock.
• The sale was executed at a price of $46.941 per share.
• This transaction was conducted to cover tax withholding obligations associated with the vesting of Restricted Stock Units.
• Following the transaction, Paula Green still beneficially owns 87,895 shares of Twist Bioscience Corp.
• The sale was mandated by Twist Bioscience's equity incentive plans and does not represent discretionary trading by Green.

Sentiment

Score: 5

Explanation: The document describes a routine transaction (sell to cover taxes) and doesn't indicate any significant positive or negative sentiment regarding the company's prospects.

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 is a routine transaction and doesn't necessarily reflect a change in the executive's confidence in the company.

Key Dates