[Form 4] Twin Disc, Incorporated Insider Trading Activity

Rhea-AI Filing Summary

Jeffrey S. Knutson, who serves as Vice President Finance, Chief Financial Officer, Secretary and Treasurer of Twin Disc, Inc. (TWIN), reported two open-market dispositions of the issuer's common stock. On 09/08/2025 he sold 8,389 shares at $13.25, leaving him with 184,174 shares beneficially owned. On 09/10/2025 he sold an additional 1,886 shares at $13.50, leaving 182,288 shares beneficially owned. The Form 4 shows these as direct holdings and contains the reporting person’s signature.

Positive

• Timely disclosure of insider transactions via Form 4 supports regulatory transparency
• Transactions reported as direct holdings, providing clear ownership change data

Negative

• Insider sold 10,275 shares across two transactions, reducing holdings from 192,563 to 182,288 shares
• Sales executed at market prices ($13.25 and $13.50), which may be viewed negatively by some investors seeking insider purchases

Insights

Corporate Governance Expert

TL;DR Insider reported routine, direct sales reducing holdings modestly; disclosure supports transparency but is not inherently dispositive of firm prospects.

The filing documents two small open-market dispositions by a senior finance officer totaling 10,275 shares across two dates. The transactions are reported as direct sales at market prices of $13.25 and $13.50. From a governance perspective, timely and complete Form 4 disclosure is a positive compliance signal. Without context on total outstanding shares or historical selling patterns, these sales alone do not imply governance problems or material change in company strategy.

Securities Analyst

TL;DR Officer sold a modest number of shares on two nearby dates; impact on valuation is likely immaterial absent additional information.

From a market-impact standpoint, the filing shows cumulative sales of 10,275 shares at roughly $13.25–$13.50 per share, leaving the officer with 182,288 shares. These transactions are standard insider disclosures and provide concrete price points reflecting market liquidity on the reported dates. Absent information on total float or prior insider activity, this disclosure alone does not provide a material change to revenue, earnings, or capital structure.

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^*

Knutson Jeffrey Scott

(Last) (First) (Middle)

TWIN DISC, INC.

222 EAST ERIE ST., SUITE 400

(Street)

MILWAUKEE WI 53202

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP Finance, CFO, Secr & Trea

3. Date of Earliest Transaction (Month/Day/Year)
09/08/2025

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	09/08/2025		A		8,389	D	$13.25	184,174	D
COMMON STOCK	09/10/2025		A		1,886	D	$13.5	182,288	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:

	/s/ Jeffrey S. Knutson	09/10/2025
	** 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

What transactions did Jeffrey S. Knutson report on the Form 4 for TWIN?

He reported two direct dispositions: 8,389 shares on 09/08/2025 at $13.25 and 1,886 shares on 09/10/2025 at $13.50.

How many Twin Disc (TWIN) shares does the reporting person own after these transactions?

Following the reported sales, the Form 4 shows the reporting person beneficially owned 182,288 shares.

What is Jeffrey Knutson's role at Twin Disc as stated on the Form 4?

The Form 4 lists him as VP Finance, Chief Financial Officer, Secretary & Treasurer of Twin Disc, Inc.

Were these transactions open-market sales or derivative exercises?

The Form 4 lists these as non-derivative dispositions (direct sales) of common stock at stated prices.

Does the Form 4 indicate any indirect ownership or special arrangements for these shares?

No; the transactions are reported as direct (D) ownership and no indirect beneficial ownership or plans are indicated in the filing.