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 910 shares of common stock on May 3, 2024, to cover tax withholding obligations related to vesting Restricted Stock Units.

Summary

• On May 3, 2024, Paula Green, the SVP of Human Resources at Twist Bioscience Corp, sold 910 shares of the company's common stock.
• The sale was executed at a price of $37.134 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 91,511 shares of Twist Bioscience Corp.
• The sale was mandated by Twist Bioscience's equity incentive plans, requiring tax withholding obligations to be funded by a 'sell to cover' transaction.

Sentiment

Score: 5

Explanation: The document describes a routine transaction (sell to cover taxes) and doesn't indicate any significant 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.

Stakeholder Impact

• The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.

Key Dates