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[Form 4] TWIN DISC INC Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Twin Disc (TWIN) director reported two restricted stock awards on Form 4. On 10/30/2025, the director acquired 5,378 shares of common stock at $14.875 per share, bringing beneficial ownership to 127,509 shares, held directly. On 11/01/2025, the director acquired an additional 1,087 restricted shares at $14.944 per share, increasing direct beneficial ownership to 128,596 shares.

The first award was granted under the Amended and Restated 2021 Omnibus Incentive Plan and will vest on the date of the next annual shareholder meeting. The second award represents stock issued in lieu of a quarterly cash retainer and will vest on the first anniversary of issuance.

Positive
  • None.
Negative
  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
DOAR MICHAEL

(Last) (First) (Middle)
491 DYLAN DRIVE

(Street)
CARMEL IN 46032

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TWIN DISC INC [ TWIN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
10/30/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
COMMON STOCK 10/30/2025 A 5,378(1) A $14.875 127,509 D
COMMON STOCK 11/01/2025 A 1,087(2) A $14.944 128,596 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Award of restricted stock pursuant to the Twin Disc, Incorporated Amended and Restated 2021 Omnibus Incentive Plan. Shares will vest on the date of the next annual meeting of shareholders.
2. Represents restricted stock issued in lieu of quarterly cash retainer, pursuant to an irrevocable election made under the Twin Disc, Incorporated Amended and Restated 2021 Omnibus Incentive Plan. Shares will vest on the first anniversary of the date of issuance.
/s/ Michael Doar 11/03/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many Twin Disc (TWIN) shares did the director acquire?

The director acquired 5,378 restricted shares on 10/30/2025 and 1,087 restricted shares on 11/01/2025.

What were the reported prices for the Twin Disc transactions?

The transactions were reported at $14.875 per share and $14.944 per share, respectively.

What is the director’s beneficial ownership after the transactions?

Direct beneficial ownership was reported as 127,509 shares after the first transaction and 128,596 shares after the second.

What are the vesting terms for the 5,378-share award at Twin Disc?

Those shares will vest on the date of the next annual meeting of shareholders.

What are the vesting terms for the 1,087-share award at Twin Disc?

Those shares will vest on the first anniversary of the date of issuance.

Under which plan were the Twin Disc awards granted?

Both were granted under the Amended and Restated 2021 Omnibus Incentive Plan.
Twin Disc Inc

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225.35M
11.21M
22.32%
62.61%
0.41%
Specialty Industrial Machinery
General Industrial Machinery & Equipment
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United States
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