Form 4: Twin Disc CFO's Stock Awards & Tax Withholding

Twin Disc's VP Finance, CFO, Secretary, and Treasurer, Jeffrey Scott Knutson, reported routine stock acquisitions and dispositions related to compensation plans.

Summary

• Jeffrey Scott Knutson, VP Finance, CFO, Secretary, and Treasurer of Twin Disc Inc. (TWIN), reported transactions on August 6, 2025.
• Acquired 59,062 shares of common stock at a price of $9.015 per share due to the vesting of Performance Stock under the 2021 Long-Term Incentive Compensation Plan.
• Disposed of 27,754 shares of common stock at $9.015 per share, representing shares withheld by the issuer to satisfy tax obligations related to the performance stock vesting.
• Acquired an additional 21,762 shares of common stock for no cash consideration as an award of Restricted Stock under the 2021 Omnibus Incentive Plan.
• The Restricted Stock Award is scheduled to vest 100% on August 6, 2028.
• Following these transactions, Jeffrey Scott Knutson beneficially owns 192,563 shares of common stock.

Sentiment

Score: 7

Explanation: The filing indicates routine executive compensation activities, including the vesting of performance stock and the award of restricted stock, which aligns executive interests with shareholders and suggests performance targets were met.

Positives

• The vesting of performance stock indicates that performance targets were met, leading to executive compensation.
• The award of restricted stock aligns the executive's interests with long-term shareholder value.

Negatives

• A portion of shares were disposed of to cover tax obligations, which is a common practice but reduces the executive's direct shareholding.

Future Outlook

The Restricted Stock Award granted to Jeffrey Scott Knutson is set to vest 100% on August 6, 2028, indicating a future milestone for this compensation component.

Industry Context

This filing represents a routine insider transaction related to executive compensation, a common practice across publicly traded companies to incentivize and retain key management personnel. It does not directly reflect broader industry trends but rather internal corporate governance and compensation policies.

Stakeholder Impact

• Shareholders: The stock awards to a key executive like the CFO can enhance alignment between management and shareholder interests, potentially leading to more focused long-term value creation.

Next Steps

• The Restricted Stock Award is scheduled to vest 100% on August 6, 2028.

Key Dates

Keywords

Twin Disc, TWIN, SEC Form 4, Insider Transaction, Executive Compensation, Stock Award, Performance Stock, Restricted Stock, Jeffrey Scott Knutson