Twist Bioscience CAO Robert Werner Disposes Shares to Cover Taxes
Twist Bioscience Corp
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Filing Summary
Twist Bioscience Corp ($TWST) - Form 4 Filing Update Insider: Robert F. Werner (Chief Accounting Officer) Transaction: Sold 1,482 shares of Common Stock at $188.88 per share ($279,926.09 total value) Nature: Direct | Sell-to-cover for tax withholding obligations Post-Transaction Ownership: 42,917 shares Significance: Low (Non-discretionary mandatory tax sale)
Comprehensive Analysis
Executive Summary
On October 2, 2026, Robert F. Werner, Chief Accounting Officer of Twist Bioscience Corp ($TWST), executed a disposition of 1,482 shares of common stock at a price of $188.884 per share, resulting in a total transaction value of $279,926.09.
Transaction Details
- Security: Common Stock
- Transaction Code: S (Open market or private sale)
- Shares Sold: 1,482 shares
- Execution Price: $188.884
- Remaining Holdings: 42,917 shares held directly
Strategic & Contextual Analysis
Per the filing footnotes, this transaction was a mandatory "sell to cover" disposition to fulfill statutory tax withholding obligations arising from the vesting of restricted stock units (RSUs). Because this sale was non-discretionary and required under the issuer's equity incentive plan policies, it does not indicate any shift in sentiment or discretionary liquidation by the insider.
Significance
The trading significance of this filing is categorized as Low, reflecting a routine administrative sale rather than an active portfolio adjustment.
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