[Form 4] TWIN DISC INC Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Johnson David W
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK | 237 | $17.119 | $4K |
Holdings After Transaction:
COMMON STOCK — 75,101 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted shares granted: 237 shares
Grant reference price: $17.119 per share
Total shares after grant: 75,101 shares
3 metrics
Restricted shares granted
237 shares
Restricted stock issued in lieu of quarterly cash retainer
Grant reference price
$17.119 per share
Value per share for restricted stock grant
Total shares after grant
75,101 shares
Director’s direct holdings following the transaction
Key Terms
restricted stock, quarterly cash retainer, Amended and Restated 2021 Omnibus Incentive Plan
3 terms
restricted stock financial
"Represents restricted stock issued in lieu of quarterly cash retainer"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
quarterly cash retainer financial
"restricted stock issued in lieu of quarterly cash retainer"
Amended and Restated 2021 Omnibus Incentive Plan financial
"made under the Twin Disc, Incorporated Amended and Restated 2021 Omnibus Incentive Plan"