STOCK TITAN

[Form 4] Twin Hospitality Group Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Twin Hospitality Group CFO Kenneth Kuick received a significant equity award on June 24, 2025, consisting of 300,000 Restricted Stock Units (RSUs) representing rights to receive an equal number of Class A Common Stock shares.

Key details of the transaction:

  • Transaction Type: RSU Grant (Acquisition)
  • Exercise Price: $0.00
  • Filing Status: Form 4 (Statement of Changes in Beneficial Ownership)
  • Transaction Location: Dallas, TX headquarters

This equity compensation grant suggests a long-term retention strategy for the CFO position. The RSUs will convert to actual shares based on vesting conditions, though specific vesting terms are not disclosed in the filing. This represents a significant insider equity position and aligns the CFO's interests with shareholder value.

Il CFO di Twin Hospitality Group, Kenneth Kuick, ha ricevuto un importante premio azionario il 24 giugno 2025, consistente in 300.000 Unità Azionarie Vincolate (RSU) che rappresentano il diritto a ricevere un numero equivalente di azioni ordinarie di Classe A.

Dettagli principali della transazione:

  • Tipo di transazione: Concessione di RSU (Acquisizione)
  • Prezzo di esercizio: $0,00
  • Stato della segnalazione: Modulo 4 (Dichiarazione di variazioni nella proprietà beneficiaria)
  • Luogo della transazione: sede centrale di Dallas, TX

Questa concessione di compensi azionari indica una strategia di fidelizzazione a lungo termine per la posizione di CFO. Le RSU si convertiranno in azioni effettive in base alle condizioni di maturazione, anche se i termini specifici non sono stati resi noti nel modulo. Si tratta di una significativa partecipazione azionaria interna che allinea gli interessi del CFO con il valore per gli azionisti.

El CFO de Twin Hospitality Group, Kenneth Kuick, recibió una importante concesión de acciones el 24 de junio de 2025, consistente en 300,000 Unidades de Acciones Restringidas (RSU) que representan el derecho a recibir un número igual de acciones ordinarias Clase A.

Detalles clave de la transacción:

  • Tipo de transacción: Concesión de RSU (Adquisición)
  • Precio de ejercicio: $0.00
  • Estado de presentación: Formulario 4 (Declaración de cambios en la propiedad beneficiaria)
  • Ubicación de la transacción: sede en Dallas, TX

Esta concesión de compensación en acciones sugiere una estrategia de retención a largo plazo para el puesto de CFO. Las RSU se convertirán en acciones reales según las condiciones de consolidación, aunque los términos específicos no se han divulgado en la presentación. Esto representa una importante posición accionaria interna y alinea los intereses del CFO con el valor para los accionistas.

Twin Hospitality Group의 CFO Kenneth Kuick는 2025년 6월 24일에 300,000 제한 주식 단위(RSU)를 포함하는 중요한 주식 보상을 받았으며, 이는 동일한 수의 클래스 A 보통주를 받을 권리를 의미합니다.

거래 주요 내용:

  • 거래 유형: RSU 부여 (취득)
  • 행사가격: $0.00
  • 신고 상태: Form 4 (수익권 변동 신고서)
  • 거래 장소: 텍사스주 달라스 본사

이 주식 보상 부여는 CFO 직책에 대한 장기 유지 전략을 시사합니다. RSU는 베스팅 조건에 따라 실제 주식으로 전환되지만, 구체적인 베스팅 조건은 신고서에 공개되지 않았습니다. 이는 주요 내부자 지분을 나타내며 CFO의 이익을 주주 가치와 일치시킵니다.

Le directeur financier (CFO) de Twin Hospitality Group, Kenneth Kuick, a reçu une importante attribution d’actions le 24 juin 2025, consistant en 300 000 unités d’actions restreintes (RSU) représentant le droit de recevoir un nombre égal d’actions ordinaires de classe A.

Détails clés de la transaction :

  • Type de transaction : Attribution de RSU (Acquisition)
  • Prix d’exercice : 0,00 $
  • Statut de dépôt : Formulaire 4 (Déclaration de modifications dans la propriété bénéficiaire)
  • Lieu de la transaction : siège social de Dallas, TX

Cette attribution de compensation en actions suggère une stratégie de rétention à long terme pour le poste de CFO. Les RSU se convertiront en actions réelles selon des conditions d’acquisition, bien que les modalités spécifiques ne soient pas divulguées dans le dépôt. Cela représente une participation importante d’initié et aligne les intérêts du CFO sur la valeur pour les actionnaires.

Der CFO von Twin Hospitality Group, Kenneth Kuick, erhielt am 24. Juni 2025 eine bedeutende Aktienzuteilung in Form von 300.000 Restricted Stock Units (RSUs), die das Recht auf den Erhalt einer gleichen Anzahl von Stammaktien der Klasse A darstellen.

Wichtige Details der Transaktion:

  • Transaktionstyp: RSU-Zuteilung (Erwerb)
  • Ausübungspreis: 0,00 $
  • Meldepflicht: Formular 4 (Erklärung über Änderungen im wirtschaftlichen Eigentum)
  • Transaktionsort: Hauptsitz in Dallas, TX

Diese Aktienvergütung deutet auf eine langfristige Bindungsstrategie für die CFO-Position hin. Die RSUs werden basierend auf Vesting-Bedingungen in tatsächliche Aktien umgewandelt, wobei die genauen Vesting-Bedingungen in der Meldung nicht offengelegt sind. Dies stellt eine bedeutende Insiderbeteiligung dar und richtet die Interessen des CFO auf den Aktionärswert aus.

Positive
  • CFO Kenneth Kuick received 300,000 Restricted Stock Units (RSUs) as part of compensation package, indicating long-term alignment with shareholder interests
Negative
  • None.

Il CFO di Twin Hospitality Group, Kenneth Kuick, ha ricevuto un importante premio azionario il 24 giugno 2025, consistente in 300.000 Unità Azionarie Vincolate (RSU) che rappresentano il diritto a ricevere un numero equivalente di azioni ordinarie di Classe A.

Dettagli principali della transazione:

  • Tipo di transazione: Concessione di RSU (Acquisizione)
  • Prezzo di esercizio: $0,00
  • Stato della segnalazione: Modulo 4 (Dichiarazione di variazioni nella proprietà beneficiaria)
  • Luogo della transazione: sede centrale di Dallas, TX

Questa concessione di compensi azionari indica una strategia di fidelizzazione a lungo termine per la posizione di CFO. Le RSU si convertiranno in azioni effettive in base alle condizioni di maturazione, anche se i termini specifici non sono stati resi noti nel modulo. Si tratta di una significativa partecipazione azionaria interna che allinea gli interessi del CFO con il valore per gli azionisti.

El CFO de Twin Hospitality Group, Kenneth Kuick, recibió una importante concesión de acciones el 24 de junio de 2025, consistente en 300,000 Unidades de Acciones Restringidas (RSU) que representan el derecho a recibir un número igual de acciones ordinarias Clase A.

Detalles clave de la transacción:

  • Tipo de transacción: Concesión de RSU (Adquisición)
  • Precio de ejercicio: $0.00
  • Estado de presentación: Formulario 4 (Declaración de cambios en la propiedad beneficiaria)
  • Ubicación de la transacción: sede en Dallas, TX

Esta concesión de compensación en acciones sugiere una estrategia de retención a largo plazo para el puesto de CFO. Las RSU se convertirán en acciones reales según las condiciones de consolidación, aunque los términos específicos no se han divulgado en la presentación. Esto representa una importante posición accionaria interna y alinea los intereses del CFO con el valor para los accionistas.

Twin Hospitality Group의 CFO Kenneth Kuick는 2025년 6월 24일에 300,000 제한 주식 단위(RSU)를 포함하는 중요한 주식 보상을 받았으며, 이는 동일한 수의 클래스 A 보통주를 받을 권리를 의미합니다.

거래 주요 내용:

  • 거래 유형: RSU 부여 (취득)
  • 행사가격: $0.00
  • 신고 상태: Form 4 (수익권 변동 신고서)
  • 거래 장소: 텍사스주 달라스 본사

이 주식 보상 부여는 CFO 직책에 대한 장기 유지 전략을 시사합니다. RSU는 베스팅 조건에 따라 실제 주식으로 전환되지만, 구체적인 베스팅 조건은 신고서에 공개되지 않았습니다. 이는 주요 내부자 지분을 나타내며 CFO의 이익을 주주 가치와 일치시킵니다.

Le directeur financier (CFO) de Twin Hospitality Group, Kenneth Kuick, a reçu une importante attribution d’actions le 24 juin 2025, consistant en 300 000 unités d’actions restreintes (RSU) représentant le droit de recevoir un nombre égal d’actions ordinaires de classe A.

Détails clés de la transaction :

  • Type de transaction : Attribution de RSU (Acquisition)
  • Prix d’exercice : 0,00 $
  • Statut de dépôt : Formulaire 4 (Déclaration de modifications dans la propriété bénéficiaire)
  • Lieu de la transaction : siège social de Dallas, TX

Cette attribution de compensation en actions suggère une stratégie de rétention à long terme pour le poste de CFO. Les RSU se convertiront en actions réelles selon des conditions d’acquisition, bien que les modalités spécifiques ne soient pas divulguées dans le dépôt. Cela représente une participation importante d’initié et aligne les intérêts du CFO sur la valeur pour les actionnaires.

Der CFO von Twin Hospitality Group, Kenneth Kuick, erhielt am 24. Juni 2025 eine bedeutende Aktienzuteilung in Form von 300.000 Restricted Stock Units (RSUs), die das Recht auf den Erhalt einer gleichen Anzahl von Stammaktien der Klasse A darstellen.

Wichtige Details der Transaktion:

  • Transaktionstyp: RSU-Zuteilung (Erwerb)
  • Ausübungspreis: 0,00 $
  • Meldepflicht: Formular 4 (Erklärung über Änderungen im wirtschaftlichen Eigentum)
  • Transaktionsort: Hauptsitz in Dallas, TX

Diese Aktienvergütung deutet auf eine langfristige Bindungsstrategie für die CFO-Position hin. Die RSUs werden basierend auf Vesting-Bedingungen in tatsächliche Aktien umgewandelt, wobei die genauen Vesting-Bedingungen in der Meldung nicht offengelegt sind. Dies stellt eine bedeutende Insiderbeteiligung dar und richtet die Interessen des CFO auf den Aktionärswert aus.

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*
Kuick Kenneth

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
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 300,000 (1) (1) Class A Common Stock 300,000 $0.00 300,000 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.

FAQ

How many Restricted Stock Units (RSUs) did TWNP's CFO Kenneth Kuick receive on June 24, 2025?

Kenneth Kuick, Chief Financial Officer of Twin Hospitality Group Inc. (TWNP), received 300,000 Restricted Stock Units on June 24, 2025. Each RSU represents a right to receive one share of TWNP Class A Common Stock.

What is the exercise price of TWNP CFO's new RSU grant?

The Restricted Stock Units were granted at $0.00, as shown in the derivative securities table of the Form 4 filing. This is typical for RSU grants, as they represent a right to receive shares upon vesting rather than requiring payment to exercise.

Who is Kenneth Kuick at TWNP and what is his role?

Kenneth Kuick serves as the Chief Financial Officer (CFO) of Twin Hospitality Group Inc. (TWNP), as disclosed in the Form 4 filing. His business address is listed as 5151 Belt Line Road, Suite 1200, Dallas, TX 75254.

When was TWNP's Form 4 filed for Kenneth Kuick's RSU grant?

The Form 4 was filed on June 28, 2025, reporting the RSU grant transaction that occurred on June 24, 2025. The form was signed by Allen Sussman as Attorney-in-Fact on June 26, 2025.

What type of ownership does Kenneth Kuick have for his TWNP RSUs?

Kenneth Kuick holds the 300,000 Restricted Stock Units under Direct (D) ownership, as indicated in column 10 of Table II in the Form 4 filing.
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