[Form 3] Twin Hospitality Group Inc. Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

Initial ownership filing by Andrew Wiederhorn shows he directly holds 5,381 shares of Class A Common Stock of Twin Hospitality Group Inc. (TWNP) and 300,000 restricted stock units, each representing one share, reported on an event dated 08/18/2025. The Form 3 lists his role as a director and was signed by an attorney-in-fact on 09/09/2025.

Insights

Financial Analyst

TL;DR: Routine initial insider disclosure showing director's direct shares and RSUs; no immediate material market impact.

The Form 3 documents Andrew Wiederhorn as a director of Twin Hospitality Group Inc. holding 5,381 direct shares and 300,000 restricted stock units convertible into Class A shares. This is an initial beneficial ownership disclosure required by Section 16; it records existing compensation or equity grants rather than a market transaction. No debt, derivative positions, or unusual arrangements are disclosed, so investor implications appear limited based solely on this filing.

Corporate Governance Expert

TL;DR: Standard governance disclosure of director equity and RSUs; confirms alignment with shareholder interests but not a material event alone.

The filing confirms director-level equity ownership and outstanding restricted stock units, which typically reflect director compensation or prior grants. The RSUs total 300,000 shares and are reported as restricted stock units where each unit represents one share. The disclosure complies with Section 16 reporting; there are no indications of related-party transactions, sales, or amendments that would raise governance concerns from the provided text.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

WIEDERHORN ANDREW

(Last) (First) (Middle)

5151 BELT LINE ROAD,

SUITE 1200

(Street)

DALLAS TX 75254

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
08/18/2025

3. Issuer Name and Ticker or Trading Symbol
Twin Hospitality Group Inc. [ TWNP ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

5. 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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock	5,381	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	(1)	Class A Common Stock	300,000	(1)	D

Explanation of Responses:

1. Each restricted stock unit represents a right to receive one share of Class A Common Stock of Twin Hospitality Group Inc.

Remarks:

Exhibit List Exhibit 24 - Power of Attorney

	/s/ Allen Sussman, Attorney-In-Fact	09/09/2025
	** 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 5 (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 did Andrew Wiederhorn disclose on his Form 3 for TWNP?

He disclosed 5,381 direct shares of Class A Common Stock and 300,000 restricted stock units, with the event date 08/18/2025.

What is the reporting person's role at Twin Hospitality Group Inc. (TWNP)?

The Form 3 lists Andrew Wiederhorn as a director of Twin Hospitality Group Inc.

Do the restricted stock units represent actual shares for TWNP?

Yes. The filing explains each restricted stock unit represents a right to receive one share of Class A Common Stock.

When was the Form 3 signed and by whom?

The form was signed by an attorney-in-fact, Allen Sussman, on 09/09/2025.

Does this Form 3 report any derivative positions or sales for TWNP?

No. Table II lists restricted stock units; there are no derivative sales, options, puts, or calls disclosed in the provided content.