[Form 4] Twin Disc, Incorporated Insider Trading Activity
John H. Batten, who serves as President and CEO and is listed as a director and a 10% owner of Twin Disc, reported a routine equity tax-withholding transaction related to restricted stock. On 08/03/2025 the issuer withheld 22,678 shares to satisfy tax obligations at an indicated price of $8.853 per share, leaving the reporting person with 454,541 shares held directly. The filing also discloses indirect holdings across a 401(k) and six trusts, including 2,457.2354 shares in the 401(k) and trust balances of 195,019, 221,156, 115,456, 114,976 and 106,744 shares respectively. The form includes an explanation that the withheld shares relate to restricted stock vesting and tax withholding by the issuer.
John H. Batten, che ricopre il ruolo di Presidente e CEO ed è indicato come amministratore e titolare del 10% di Twin Disc, ha comunicato un'operazione ordinaria di ritenuta fiscale su azioni relative a restricted stock. In data 08/03/2025 l'emittente ha trattenuto 22,678 azioni per soddisfare obblighi fiscali al prezzo indicato di $8.853 per azione, lasciando al dichiarante 454,541 azioni detenute direttamente. La segnalazione riporta inoltre partecipazioni indirette in un 401(k) e in sei trust, comprese 2,457.2354 azioni nel 401(k) e saldi dei trust di 195,019, 221,156, 115,456, 114,976 e 106,744 azioni rispettivamente. Il modulo specifica che le azioni trattenute derivano dal vesting delle restricted stock e dalla ritenuta fiscale effettuata dall'emittente.
John H. Batten, que ejerce como presidente y CEO y figura como director y propietario del 10% de Twin Disc, informó una operación rutinaria de retención fiscal sobre acciones restringidas. El 08/03/2025 el emisor retuvo 22,678 acciones para cubrir obligaciones fiscales a un precio indicado de $8.853 por acción, dejando al declarante con 454,541 acciones en propiedad directa. La presentación también revela tenencias indirectas en un 401(k) y seis fideicomisos, incluidas 2,457.2354 acciones en el 401(k) y saldos de fideicomiso de 195,019, 221,156, 115,456, 114,976 y 106,744 acciones, respectivamente. El formulario explica que las acciones retenidas se relacionan con el vesting de las acciones restringidas y la retención fiscal por parte del emisor.
John H. Batten은 회장 겸 CEO로서 이사 및 Twin Disc의 10% 소유주로 등재되어 있으며, 제한주식에 대한 통상적인 세금 원천징수 거래를 신고했습니다. 08/03/2025에 발행사는 세금 납부를 위해 22,678주를 원천징수했으며, 표시된 주당 가격은 $8.853으로 신고인에게는 직접 보유 중인 454,541주가 남았습니다. 제출서류에는 401(k)와 6개 신탁에 대한 간접 보유도 공개되어 있으며, 401(k)에 2,457.2354주가 있고 신탁 잔액은 각각 195,019, 221,156, 115,456, 114,976, 106,744주입니다. 양식에는 원천징수된 주식이 제한주식의 권리취득(vesting)과 발행자의 세금 원천징수에 따른 것임이 설명되어 있습니다.
John H. Batten, qui est président-directeur général et est inscrit comme administrateur et détenteur de 10 % de Twin Disc, a déclaré une opération courante de retenue d'impôt liée à des actions restreintes. Le 08/03/2025, l'émetteur a retenu 22,678 actions pour couvrir des obligations fiscales au prix indiqué de $8.853 par action, laissant à l'intéressé 454,541 actions détenues directement. Le dossier révèle également des détentions indirectes via un 401(k) et six trusts, dont 2,457.2354 actions dans le 401(k) et des soldes de trusts de 195,019, 221,156, 115,456, 114,976 et 106,744 actions respectivement. Le formulaire précise que les actions retenues résultent du vesting des actions restreintes et de la retenue d'impôt effectuée par l'émetteur.
John H. Batten, der als President und CEO tätig ist und als Direktor sowie 10%-Eigentümer von Twin Disc aufgeführt wird, meldete eine routinemäßige steuerliche Aktieneinbehaltung im Zusammenhang mit restricted stock. Am 08/03/2025 behielt der Emittent 22,678 Aktien ein, um Steuerverpflichtungen zu erfüllen, zum angegebenen Preis von $8.853 pro Aktie, sodass der Meldende 454,541 direkt gehaltene Aktien behielt. Die Meldung zeigt außerdem indirekte Beteiligungen in einem 401(k) und sechs Trusts, darunter 2,457.2354 Aktien im 401(k) sowie Trust-Bestände von 195,019, 221,156, 115,456, 114,976 und 106,744 Aktien. Das Formular erklärt, dass die einbehaltenen Aktien mit dem Vesting der restricted stock und der steuerlichen Einbehaltung durch den Emittenten zusammenhängen.
- Reporting compliance: Form 4 filed and signed, disclosing the holding change and trustee details
- Continued substantial ownership: Reporting person retains 454,541 direct shares plus material indirect trust and 401(k) holdings
- Disposition recorded: 22,678 shares were withheld (disposed) to satisfy tax obligations
- Price noted: Withholding occurred at $8.853 per share, indicating a transfer of economic value from the reporting person
Insights
TL;DR Routine tax-withholding on vested restricted stock; no evidence of unusual insider selling.
The Form 4 shows a tax-withholding disposition of 22,678 shares under Code F tied to restricted stock vesting. The reporting person remains a substantial direct holder with 454,541 shares and multiple indirect holdings via a 401(k) and trusts. This filing is a standard administrative action reflecting compensation-related withholding rather than a discretionary liquidity event. From a governance perspective, the disclosure meets Section 16 reporting expectations and provides transparency on both direct and indirect ownership.
TL;DR Small, routine share withholding; limited near-term market impact given continued substantial ownership.
The transaction recorded on 08/03/2025 indicates 22,678 shares were withheld at $8.853 to satisfy tax obligations on vested restricted stock. The reporting person retains significant direct and indirect holdings, with direct beneficial ownership of 454,541 shares and several trust and 401(k) positions disclosed. Given the nature and size of the withholding relative to total reported holdings, this event is informational and unlikely to be material to valuation or liquidity for investors.
John H. Batten, che ricopre il ruolo di Presidente e CEO ed è indicato come amministratore e titolare del 10% di Twin Disc, ha comunicato un'operazione ordinaria di ritenuta fiscale su azioni relative a restricted stock. In data 08/03/2025 l'emittente ha trattenuto 22,678 azioni per soddisfare obblighi fiscali al prezzo indicato di $8.853 per azione, lasciando al dichiarante 454,541 azioni detenute direttamente. La segnalazione riporta inoltre partecipazioni indirette in un 401(k) e in sei trust, comprese 2,457.2354 azioni nel 401(k) e saldi dei trust di 195,019, 221,156, 115,456, 114,976 e 106,744 azioni rispettivamente. Il modulo specifica che le azioni trattenute derivano dal vesting delle restricted stock e dalla ritenuta fiscale effettuata dall'emittente.
John H. Batten, que ejerce como presidente y CEO y figura como director y propietario del 10% de Twin Disc, informó una operación rutinaria de retención fiscal sobre acciones restringidas. El 08/03/2025 el emisor retuvo 22,678 acciones para cubrir obligaciones fiscales a un precio indicado de $8.853 por acción, dejando al declarante con 454,541 acciones en propiedad directa. La presentación también revela tenencias indirectas en un 401(k) y seis fideicomisos, incluidas 2,457.2354 acciones en el 401(k) y saldos de fideicomiso de 195,019, 221,156, 115,456, 114,976 y 106,744 acciones, respectivamente. El formulario explica que las acciones retenidas se relacionan con el vesting de las acciones restringidas y la retención fiscal por parte del emisor.
John H. Batten은 회장 겸 CEO로서 이사 및 Twin Disc의 10% 소유주로 등재되어 있으며, 제한주식에 대한 통상적인 세금 원천징수 거래를 신고했습니다. 08/03/2025에 발행사는 세금 납부를 위해 22,678주를 원천징수했으며, 표시된 주당 가격은 $8.853으로 신고인에게는 직접 보유 중인 454,541주가 남았습니다. 제출서류에는 401(k)와 6개 신탁에 대한 간접 보유도 공개되어 있으며, 401(k)에 2,457.2354주가 있고 신탁 잔액은 각각 195,019, 221,156, 115,456, 114,976, 106,744주입니다. 양식에는 원천징수된 주식이 제한주식의 권리취득(vesting)과 발행자의 세금 원천징수에 따른 것임이 설명되어 있습니다.
John H. Batten, qui est président-directeur général et est inscrit comme administrateur et détenteur de 10 % de Twin Disc, a déclaré une opération courante de retenue d'impôt liée à des actions restreintes. Le 08/03/2025, l'émetteur a retenu 22,678 actions pour couvrir des obligations fiscales au prix indiqué de $8.853 par action, laissant à l'intéressé 454,541 actions détenues directement. Le dossier révèle également des détentions indirectes via un 401(k) et six trusts, dont 2,457.2354 actions dans le 401(k) et des soldes de trusts de 195,019, 221,156, 115,456, 114,976 et 106,744 actions respectivement. Le formulaire précise que les actions retenues résultent du vesting des actions restreintes et de la retenue d'impôt effectuée par l'émetteur.
John H. Batten, der als President und CEO tätig ist und als Direktor sowie 10%-Eigentümer von Twin Disc aufgeführt wird, meldete eine routinemäßige steuerliche Aktieneinbehaltung im Zusammenhang mit restricted stock. Am 08/03/2025 behielt der Emittent 22,678 Aktien ein, um Steuerverpflichtungen zu erfüllen, zum angegebenen Preis von $8.853 pro Aktie, sodass der Meldende 454,541 direkt gehaltene Aktien behielt. Die Meldung zeigt außerdem indirekte Beteiligungen in einem 401(k) und sechs Trusts, darunter 2,457.2354 Aktien im 401(k) sowie Trust-Bestände von 195,019, 221,156, 115,456, 114,976 und 106,744 Aktien. Das Formular erklärt, dass die einbehaltenen Aktien mit dem Vesting der restricted stock und der steuerlichen Einbehaltung durch den Emittenten zusammenhängen.
FAQ
What transaction did John H. Batten report on Form 4 for TWIN?
When was the transaction and at what price was it recorded?
How many shares does John H. Batten own after the transaction?
Does the filing disclose indirect holdings for the reporting person?
What does Transaction Code F mean in this Form 4?
