Form 4: Twist Bioscience SVP Paula Green Reports Sale of Shares to Cover Tax Obligations
SEC Form 4
Paula Green, SVP of Human Resources at Twist Bioscience, sold 322 shares of common stock on July 2, 2024, to cover tax withholding obligations related to the vesting of Restricted Stock Units.
Summary
- On July 2, 2024, Paula Green, the SVP of Human Resources at Twist Bioscience Corp, sold 322 shares of common stock.
- The sale was executed at a price of $48.002 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 89,974 shares of Twist Bioscience Corp.
- The sale was mandated by Twist Bioscience's equity incentive plans, requiring tax obligations to be funded through a 'sell to cover' transaction.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction (sell to cover taxes) and doesn't indicate any significant positive or negative sentiment regarding the company's prospects.
Industry Context
Form 4 filings are a routine part of insider trading disclosures, providing transparency into the transactions of company executives and directors. These filings are closely monitored by investors seeking insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 07/02/2024 | Date of the stock sale transaction. |
| 07/05/2024 | Date of signature on the Form 4 filing. |
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