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Twin Hospitality Strengthens Executive Retention with Major RSU Award to Director

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Twin Hospitality Group director Lynne Leigh Collier received a significant equity award on June 24, 2025. The Form 4 filing discloses the acquisition of 100,000 Restricted Stock Units (RSUs) at $0.00 cost basis.

Key details of the transaction:

  • Each RSU represents the right to receive one share of Class A Common Stock
  • Transaction was filed as a direct ownership position
  • Filing was submitted by attorney-in-fact Allen Sussman on June 26, 2025

This equity grant suggests continued alignment between the director's interests and shareholder value. The size of the award (100,000 units) represents a meaningful stake in Twin Hospitality Group, though specific vesting terms and conditions were not disclosed in the filing.

Positive

  • Director Lynne Leigh Collier received 100,000 Restricted Stock Units (RSUs) as compensation, indicating strong alignment with shareholder interests through equity-based compensation

Negative

  • None.
Insider Collier Lynne Leigh
Role Director
Type Security Shares Price Value
Grant/Award Restricted Stock Units 100,000 $0.00 --
Holdings After Transaction: Restricted Stock Units — 100,000 shares (Direct)
Footnotes (1)
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Form 4 Insider Transactions: What Each Field Means →
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*
Collier Lynne Leigh
(Last) (First) (Middle)
5151 BELT LINE ROAD,
SUITE 1200
(Street)
DALLAS TX 75254
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Twin Hospitality Group Inc. [ TWNP ] 		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)
06/24/2025
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
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
Restricted Stock Units (1) 06/24/2025 A 100,000 (1) (1) Class A Common Stock 100,000 $0.00 100,000 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.
/s/ Allen Sussman, Attorney-in-Fact 06/26/2025
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

How many Restricted Stock Units (RSUs) did TWNP director Lynne Leigh Collier receive on June 24, 2025?

According to the Form 4 filing, TWNP director Lynne Leigh Collier received 100,000 Restricted Stock Units (RSUs) on June 24, 2025. Each RSU represents a right to receive one share of TWNP Class A Common Stock.

What is Lynne Leigh Collier's role at TWNP?

According to the Form 4 filing, Lynne Leigh Collier serves as a Director of Twin Hospitality Group Inc. (TWNP), as indicated by the 'X' marked in the Director box under Section 5 of the form.

What was the purchase price of TWNP RSUs granted to Collier?

The Form 4 filing shows that the Restricted Stock Units were granted at a price of $0.00, indicating they were awarded as compensation rather than purchased.

Where is TWNP's director Lynne Leigh Collier based?

According to the Form 4 filing, Lynne Leigh Collier's business address is 5151 Belt Line Road, Suite 1200, Dallas, TX 75254.

When was TWNP's Form 4 for Collier's RSU grant signed?

The Form 4 was signed by Allen Sussman, Attorney-in-Fact, on June 26, 2025, two days after the RSU grant transaction date of June 24, 2025.