Twin Disc CFO sells 4,302 shares at $23
Twin Disc’s CFO disclosed a single open-market sale of 4,302 shares while maintaining a six-figure direct shareholding.
Rhea-AI Filing Summary
TWIN DISC INC (TWIN) reported that its VP Finance, Chief Financial Officer, Secretary and Treasurer, Jeffrey Scott Knutson, sold 4,302 shares of common stock on September 3, 2026 in a sale described as an open market or private transaction at $23.00 per share.
After this transaction, he continues to hold 178,275 shares of Twin Disc common stock directly. No Rule 10b5-1 trading plan is indicated for this sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,302 shares
Net Sell
1 txn
Insider
Knutson Jeffrey Scott
Role
VP Finance, CFO, Secr & Trea
Sold
4,302 shs ($99K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | COMMON STOCK | 4,302 | $23.00 | $99K |
Holdings After Transaction:
COMMON STOCK — 178,275 shares (Direct)
Key Figures
Shares sold: 4,302 shares
Sale price per share: $23.00 per share
Shares held after transaction: 178,275 shares
+1 more
4 metrics
Shares sold
4,302 shares
Common stock sale on September 3, 2026
Sale price per share
$23.00 per share
Common stock sale on September 3, 2026
Shares held after transaction
178,275 shares
Direct ownership reported after the sale
Net shares sold in filing
4,302 shares
Net of all reported buy and sell transactions in this Form 4
Key Terms
open market or private transaction, direct ownership, Rule 10b5-1 trading plan
3 terms
open market or private transaction financial
"described as an open market or private transaction at $23.00 per share"
direct ownership financial
"he continues to hold 178,275 shares of Twin Disc common stock directly"
Rule 10b5-1 trading plan regulatory
"No Rule 10b5-1 trading plan is indicated for this sale"
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.
FAQ
What insider transaction did TWIN DISC INC (TWIN) report in this Form 4?
Twin Disc reported that its VP Finance and CFO, Jeffrey Scott Knutson, sold 4,302 shares of common stock on September 3, 2026, in an open market or private transaction at $23.00 per share.
Was the TWIN insider sale made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not marked, so this 4,302-share sale was not reported as being made under a Rule 10b5-1 trading plan.
Is this TWIN Form 4 limited to common stock or does it include derivatives?
This Form 4 reports a single transaction in common stock only. The derivative securities section shows no derivative positions or transactions reported in this filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.