Twist Bioscience (TWST) director sells 500 shares at $61.04 under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Twist Bioscience Corp director Melissa A. Starovasnik sold 500 shares of Common Stock in an open-market transaction. The sale occurred on May 26, 2026 at a price of $61.04 per share. After this transaction, she continues to hold 24,722 shares directly. The company notes that this trade was carried out under a previously adopted Rule 10b5-1 trading plan, indicating it was pre-scheduled rather than a discretionary market-timing decision.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 500 shares ($30,520)
Net Sell
1 txn
Insider
Starovasnik Melissa A.
Role
null
Sold
500 shs ($31K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 500 | $61.04 | $31K |
Holdings After Transaction:
Common Stock — 24,722 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 500 shares
Sale price: $61.04 per share
Shares held after transaction: 24,722 shares
+2 more
5 metrics
Shares sold
500 shares
Open-market sale on May 26, 2026
Sale price
$61.04 per share
Common Stock transaction price
Shares held after transaction
24,722 shares
Director’s direct holdings post-sale
Form type
Form 4
Insider open-market sale disclosure
Trading plan adoption date
November 22, 2025
Rule 10b5-1 plan governing this sale
Key Terms
Rule 10b5-1 trading plan, open-market sale, Form 4, Common Stock
4 terms
Rule 10b5-1 trading plan regulatory
"transactions were effected pursuant to a Rule 10b5-1 trading plan previously adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"The transactions reported on this Form 4 were effected"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Twist Bioscience (TWST) report on this Form 4?
Twist Bioscience reported that director Melissa A. Starovasnik sold 500 shares of Common Stock. The open-market transaction was executed at a price of $61.04 per share on May 26, 2026, and was made under a pre-established Rule 10b5-1 trading plan.
Was the Twist Bioscience (TWST) insider sale made under a Rule 10b5-1 plan?
Yes. The Form 4 states the transactions were effected under a Rule 10b5-1 trading plan adopted on November 22, 2025. Such plans pre-schedule trades, indicating the timing of this May 26, 2026 sale was arranged in advance rather than decided opportunistically.
Who is the insider involved in the latest Twist Bioscience (TWST) Form 4 filing?
The insider is Melissa A. Starovasnik, a director of Twist Bioscience Corp. She reported an open-market sale of 500 Common Stock shares at $61.04 per share, with 24,722 shares remaining in her direct ownership after the May 26, 2026 transaction.