Twin Hospitality Strengthens Executive Retention with Major CFO Stock Award

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

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.

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.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Kuick Kenneth

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	300,000	$0.00	--

Holdings After Transaction: Restricted Stock Units — 300,000 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

06/26/2025 - 09:15 PM

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
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.

Source: View Original Filing on SEC EDGAR

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.