Twin Disc CEO reports stock awards and tax withholdings
On August 5, 2026, Twin Disc President and CEO John H. Batten reported equity compensation changes.
Rhea-AI Filing Summary
On August 5, 2026, Twin Disc President and CEO John H. Batten reported equity compensation changes. He received 78,693 performance shares vesting and a new award of 18,756 restricted shares that vest 100% on August 5, 2029, both for no cash. To cover related tax obligations, the issuer withheld 52,465 common shares at prices of $23.336 and $24.01 per share. Batten also reports indirect ownership of 2,457.2354 shares in a 401(k) plan and serves as trustee for several family trusts holding Twin Disc stock.
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Insights
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Insider Trade Summary
10 transactions reported
Mixed
10 txns
Insider
BATTEN JOHN H
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | COMMON STOCK F1 | 15,479 | $23.336 | $361K |
| Grant/Award | COMMON STOCK F2 | 78,693 | $24.01 | $1.89M |
| Tax Withholding | COMMON STOCK F3 | 36,986 | $24.01 | $888K |
| Grant/Award | COMMON STOCK F4 | 18,756 | $24.01 | $450K |
| holding | COMMON STOCK | -- | -- | -- |
| holding | COMMON STOCK F5 | -- | -- | -- |
| holding | COMMON STOCK F6 | -- | -- | -- |
| holding | COMMON STOCK F7 | -- | -- | -- |
| holding | COMMON STOCK F8 | -- | -- | -- |
| holding | COMMON STOCK F9 | -- | -- | -- |
Holdings After Transaction:
COMMON STOCK — 520,418 shares (Direct);
COMMON STOCK — 2,457.2354 shares (Indirect, 401(k));
COMMON STOCK — 698,351 shares (Indirect, As Trustee)
Footnotes (9)
- F1. Represents shares of common stock withheld by the issuer to satisfy tax obligations in connection with the vesting of restricted stock granted to the Reporting Person pursuant to Rule 16b-3(d).
- F2. Vesting of Performance Stock for no cash consideration pursuant to the Twin Disc, Incorporated 2021 Long-Term Incentive Compensation Plan.
- F3. Represents shares of common stock withheld by the issuer to satisfy tax obligations in connection with the vesting of performance stock granted to the Reporting Person pursuant to Rule 16b-3(d).
- F4. Award of Restricted Stock for no cash consideration pursuant to the Twin Disc, Incorporated 2021 Omnibus Incentive Plan. Grant will vest 100% on 8/5/2029.
- F5. As trustee of Michael E. Batten Marital Trust.
- F6. As trustee of Michael E. Batten Family Trust.
- F7. As trustee of Elizabeth Batten Stribney Trust.
- F8. As trustee of Timothy Michael Batten Trust.
- F9. As trustee of Louise Vemet Batten Grantor Trust.
Key Figures
Shares withheld for RS tax: 15479.0000 shares at $23.3360
Shares withheld for PS tax: 36986.0000 shares at $24.0100
Performance stock vested: 78693.0000 shares
+3 more
6 metrics
Shares withheld for RS tax
15479.0000 shares at $23.3360
Common stock withheld for tax obligations on restricted stock vesting, 2026-08-05
Shares withheld for PS tax
36986.0000 shares at $24.0100
Common stock withheld for tax obligations on performance stock vesting, 2026-08-05
Performance stock vested
78693.0000 shares
Vesting of performance stock for no cash consideration under 2021 Long-Term Incentive Compensation Plan
Restricted stock award
18756.0000 shares
Award of restricted stock for no cash consideration under 2021 Omnibus Incentive Plan, vests 100% on 8/5/2029
Total tax-withheld shares
52465 shares
Aggregate shares delivered or withheld for tax liabilities on 2026-08-05
Indirect 401(k) holdings
2457.2354 shares
Common stock held indirectly in a 401(k) plan following the reported transactions
Key Terms
restricted stock, performance stock, Rule 16b-3(d), 401(k), +2 more
6 terms
restricted stock financial
"Award of Restricted Stock for no cash consideration pursuant to the Twin Disc, Incorporated 2021 Omnibus Incentive Plan."
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.
performance stock financial
"Vesting of Performance Stock for no cash consideration pursuant to the Twin Disc, Incorporated 2021 Long-Term Incentive Compensation Plan."
Rule 16b-3(d) regulatory
"granted to the Reporting Person pursuant to Rule 16b-3(d)."
Rule 16b-3(d) is a narrow SEC safe-harbor that shields company insiders (officers, directors and large shareholders) from liability for short‑swing profits when their buys or sells of company stock are made under a pre-established, written plan or contract that removes the insider’s ability to time trades. For investors, this matters because it permits predictable, automated insider transactions — like scheduled sales for diversification or payroll withholding — without triggering forced disgorgement, so such planned trades are treated differently from opportunistic insider trading.
401(k) financial
"nature_of_ownership: 401(k)"
A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.
Omnibus Incentive Plan financial
"pursuant to the Twin Disc, Incorporated 2021 Omnibus Incentive Plan."
An omnibus incentive plan is a single, flexible program a company uses to give employees and executives different types of pay tied to performance — for example stock options, restricted shares, cash bonuses and other awards — all governed by one set of rules. It matters to investors because it determines how many new shares may be created, how leaders are motivated and how much the company will spend on compensation over time; think of it as a master toolbox that affects both costs and the total share supply.
Long-Term Incentive Compensation Plan financial
"pursuant to the Twin Disc, Incorporated 2021 Long-Term Incentive Compensation Plan."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did TWIN CEO John H. Batten report on August 5, 2026?
John H. Batten reported two stock awards and two share withholdings on August 5, 2026. Performance stock of 78,693 shares vested, a new 18,756-share restricted award was granted, and 52,465 shares were withheld to satisfy tax obligations.
What stock awards did the Twin Disc (TWIN) CEO receive in this filing?
John H. Batten received 78,693 performance shares vesting for no cash and a new 18,756-share restricted stock award. The restricted stock was granted under the 2021 Omnibus Incentive Plan and is scheduled to vest 100% on 8/5/2029.
What indirect Twin Disc (TWIN) holdings does the CEO report in this Form 4?
John H. Batten reports indirect ownership of 2,457.2354 Twin Disc shares in a 401(k) plan. He is also listed as trustee for several Batten family trusts that hold Twin Disc common stock, reflecting additional indirect fiduciary positions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
