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

Rhea-AI Filing Summary

Twin Hospitality Group director James G. Ellis received a significant equity grant on June 24, 2025, consisting of 100,000 Restricted Stock Units (RSUs) representing rights to receive an equal number of Class A Common Stock shares.

Key details of the transaction:

• Transaction Type: Acquisition of derivative securities (RSUs)
• Transaction Code: A (Grant/Award)
• Exercise Price: $0.00
• Ownership Form: Direct (D)
• Filing Status: Individual filing

The RSU grant demonstrates the company's commitment to aligning director compensation with shareholder interests through equity-based incentives. This Form 4 filing was submitted by Allen Sussman as attorney-in-fact on June 26, 2025, within the required two-business-day reporting window.

Positive

• Director James G. Ellis received 100,000 Restricted Stock Units (RSUs) as compensation, aligning management interests with shareholders

Negative

• None.

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
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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^*

Ellis James G

(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.

FAQ

How many restricted stock units (RSUs) did TWNP director James Ellis receive on June 24, 2025?

James G. Ellis received 100,000 restricted stock units (RSUs) of Twin Hospitality Group Inc. (TWNP) on June 24, 2025. Each RSU represents a right to receive one share of Class A Common Stock of the company.

What is James Ellis's role at TWNP according to the Form 4?

According to the Form 4 filing, James G. Ellis serves as a Director of Twin Hospitality Group Inc. (TWNP). This is 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 James Ellis?

The restricted stock units were granted to James Ellis at a price of $0.00, as shown in Column 8 of Table II in the Form 4 filing, indicating these were granted as compensation rather than purchased.

Who signed the Form 4 for TWNP's insider transaction?

The Form 4 was signed by Allen Sussman as Attorney-in-Fact for James G. Ellis on June 26, 2025, two days after the RSU grant transaction date.

What type of securities ownership does James Ellis have for his TWNP RSUs?

James Ellis has Direct (D) ownership of the 100,000 restricted stock units, as indicated in Column 10 of Table II in the Form 4 filing.