Form 4: Twin Disc Director Acquires Shares Through Stock Award

Twin Disc director David W. Johnson acquired 360 shares of common stock through a restricted stock award in lieu of a cash retainer.

Summary

• Director David W. Johnson acquired 360 shares of Twin Disc Inc. common stock on February 1, 2025.
• The shares were awarded as restricted stock in lieu of a quarterly cash retainer.
• The stock was issued under the Twin Disc, Incorporated Amended and Restated 2021 Omnibus Incentive Plan.
• The shares were acquired at a price of $11.291 per share.
• The shares will vest on the first anniversary of the issuance date.
• Following the transaction, Mr. Johnson directly owns 67,945 shares of Twin Disc stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed positively as it aligns interests. There are no negative implications.

Positives

• The acquisition of shares by a director demonstrates confidence in the company's future.
• The use of stock awards aligns the director's interests with those of shareholders.

Industry Context

This type of stock award is a common practice for compensating board members and aligning their interests with the company's performance.

Comparison to Industry Standards

• Many companies use stock awards as part of their compensation packages for directors.
• The vesting period of one year is a standard practice to ensure long-term commitment.
• The value of the stock award is consistent with the company's compensation policies.

Stakeholder Impact

• The stock award to a director may be viewed positively by shareholders as it aligns interests.
• The transaction has no immediate impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Twin Disc, Director, Stock Award, Restricted Stock, Share Acquisition, David W. Johnson, Omnibus Incentive Plan, Insider Trading