Welcome to our dedicated page for Twin Disc SEC filings (Ticker: TWIN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Twin Disc, Incorporated filings document its public-company reporting as a Wisconsin corporation with no-par-value common stock listed on Nasdaq under TWIN. Recent Form 8-K reports cover quarterly results of operations and financial condition, Regulation FD investor presentation materials and the use of non-GAAP financial measures alongside GAAP results.
The company’s proxy and shareholder-meeting filings document governance matters, including director elections, advisory executive-compensation votes and auditor ratification. These filings also describe board and compensation topics, shareholder voting outcomes and formal disclosure controls around earnings releases and investor communications.
Twin Disc, Incorporated entered into a new Credit Agreement with Bank of Montreal and JPMorgan Chase Bank, N.A. that refinances its prior facility. The lenders provided Term Loans with an aggregate principal amount of $30,000,000, maturing on June 30, 2031, with required quarterly principal payments that step up over time.
The agreement also provides a Revolving Credit Commitment of up to $60,000,000, including a $5,000,000 swing line sublimit and a $4,000,000 letter of credit sublimit, available until the same 2031 termination date. Interest is based on SOFR, EURIBOR, CORRA or a base/prime rate plus an applicable margin tied to the company’s total funded debt to EBITDA ratio.
Borrowings are secured by substantially all personal property of Twin Disc and Kobelt, along with a pledge of 65% of equity in certain foreign subsidiaries, and are supported by a suite of amended and restated security, pledge, and negative pledge agreements. In an event of default, lenders can accelerate all obligations and require cash collateralization of letter-of-credit exposure.
Knutson Jeffrey Scott reported acquisition or exercise transactions in this Form 4 filing.
TWIN DISC INC executive Jeffrey Scott Knutson, the Vice President of Finance, Chief Financial Officer, Secretary and Treasurer, reported receiving a grant of 7,044 shares of common stock on June 5, 2026. The shares were valued at $19.0579 each for reporting purposes, and his direct holdings increased to 160,922 shares after this compensation-related award.
TWIN submitted a Form 144 notice regarding proposed sales of Common stock through a broker. The filing lists broker details as E*Trade from Morgan Stanley, the numeric entries 7004, 133000.00, and 14390226, and a date of 06/05/2026. The filing also lists prior stock award vesting entries of 2,077, 2,139 and 2,788 shares dated in 2015–2017.
Twin Disc reported significantly stronger results for the quarter ended March 27, 2026. Net sales rose to $96.7 million from $81.2 million, helped by commercial marine, defense and land-based transmission demand and favorable currency. Gross margin improved to 28.1% from 26.7%.
Operating income increased to $5.8 million from $1.9 million, and net income attributable to shareholders was $3.3 million, compared with a $1.5 million loss a year earlier. Basic earnings per share were $0.23 versus a loss of $0.11. For the first three quarters, sales reached $266.9 million and EPS climbed to $1.79, aided by a large income tax valuation allowance release.
Twin Disc, Incorporated furnished investor presentation materials as Exhibit 99.1 for use in meetings with investors, analysts, and at conferences on and after May 6, 2026. The materials will also be posted on the company’s website.
The presentation includes financial information using non-GAAP measures that management relies on to analyze performance and to explain the results of the company’s core businesses. The information is furnished under Item 7.01 and is not deemed “filed” for purposes of Section 18 of the Exchange Act or incorporated by reference unless specifically stated. The presentation also contains forward-looking statements, with risk factors referenced from the company’s Form 10-K for the year ended June 30, 2025.
Twin Disc, Inc. reported a much stronger fiscal third quarter 2026, with net sales rising 19.0% year-over-year to $96.7 million, driven mainly by Marine and Propulsion Systems and Veth products. Gross margin improved to 28.1%, up 134 basis points from the prior-year quarter.
The company swung to profitability, posting net income attributable to Twin Disc of $3.3 million, or $0.23 per diluted share, compared with a $1.5 million loss, or ($0.11) per share, a year ago. EBITDA increased to $9.4 million, up 135.1% year-over-year, reflecting higher volume and margin initiatives.
Twin Disc generated operating cash flow of $5.3 million and free cash flow of $1.8 million in the quarter. The six-month backlog reached $179.5 million, modestly above the prior quarter, while net debt rose to $29.0 million, partly tied to long-term debt from the Kobelt acquisition.
Johnson David W reported acquisition or exercise transactions in this Form 4 filing.
TWIN DISC INC director David W. Johnson received a grant of 237 shares of common stock as compensation, valued at $17.119 per share. This restricted stock was issued in lieu of a quarterly cash retainer under the company’s Amended and Restated 2021 Omnibus Incentive Plan.
The shares will vest on the first anniversary of the grant date. After this award, Johnson directly holds a total of 75,101 shares of Twin Disc common stock.
DOAR MICHAEL reported acquisition or exercise transactions in this Form 4 filing.
Twin Disc Inc. director Michael Doar reported receiving a grant of 475 shares of common stock. The shares were valued at $17.119 each and were issued as restricted stock in lieu of his quarterly cash retainer under the company’s Amended and Restated 2021 Omnibus Incentive Plan.
According to the filing, these restricted shares will vest on the first anniversary of the issuance date, meaning they are subject to a one-year service period. After this award, Doar directly holds a total of 130,006 shares of Twin Disc common stock.
Twin Disc Inc reported that its Vice President of Finance, Chief Financial Officer, Secretary and Treasurer, Jeffrey Scott Knutson, acquired 3,198 shares of common stock as a grant or award. The shares were valued at $18.25 per share, bringing his directly held stake to 167,966 shares after this transaction.
TWIN DISC INC President and CEO John H. Batten reported an indirect acquisition of 5,040 shares of common stock on March 4, 2026. The award, coded as a grant or other acquisition, was recorded at a price of $18.0044 per share and is held indirectly as trustee.
After this transaction, one trustee-held position showed 160,019 shares. The filing also lists 475,434 shares held directly, 2,457.2354 shares held indirectly through a 401(k), and several additional indirect holdings as trustee of various Batten family trusts.