Twin Hospitality CLO Receives 200,000 Share Grant in Executive Compensation Move

Twin Hospitality Group Chief Legal Officer Allen Sussman received a significant equity award on June 24, 2025.

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Form Type

Rhea-AI Filing Summary

Twin Hospitality Group Chief Legal Officer Allen Sussman received a significant equity award on June 24, 2025. The Form 4 filing discloses the acquisition of 200,000 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 (Code A)
Exercise Price: $0.00
Direct Ownership Form
Location: Dallas, TX headquarters

This equity grant appears to be part of executive compensation, potentially for retention or performance incentives. The filing indicates no immediate sale or disposition of shares, and no concurrent market transactions in non-derivative securities were reported.

Positive

Chief Legal Officer received 200,000 Restricted Stock Units (RSUs) as part of compensation package, indicating long-term alignment with shareholder interests

Negative

None.

Insider Trade Summary

Grant/Award: 200,000 shares

Grant/Award 1 txn

Insider Sussman Allen

Role Chief Legal Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	200,000	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 200,000 contracts (Direct)

Footnotes (1)

F1. Each restricted stock unit represents a right to receive one share of Class A Common Stock of Twin Hospitality Group Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many Restricted Stock Units (RSUs) did TWNP's Chief Legal Officer receive on June 24, 2025?

Allen Sussman, TWNP's Chief Legal Officer, received 200,000 Restricted Stock Units on June 24, 2025. Each RSU represents a right to receive one share of Class A Common Stock of Twin Hospitality Group Inc.

What is the exercise price of TWNP's RSUs granted to Allen Sussman?

The RSUs were granted at $0.00, as shown in the derivative securities table of the Form 4 filing. This means the executive will receive the shares without having to pay an exercise price when the RSUs vest.

Who is Allen Sussman at TWNP and where is he based?

Allen Sussman serves as the Chief Legal Officer of Twin Hospitality Group Inc. (TWNP). According to the Form 4 filing, he is based at 5151 Belt Line Road, Suite 1200, Dallas, TX 75254.

When did TWNP's CLO file this Form 4?

The Form 4 was filed on June 28, 2025, reporting a transaction that occurred on June 24, 2025. The document was signed by Allen Sussman on June 26, 2025.

What type of ownership does Allen Sussman have for his TWNP RSUs?

According to the Form 4 filing, Allen Sussman's 200,000 RSUs are held in Direct (D) ownership form, as indicated in column 10 of Table II - Derivative Securities.

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Accepted by SEC EDGAR 06/26/2025 - 09:15 PM EDT

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^*

Sussman Allen

(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 Legal 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		200,000		⁽¹⁾	⁽¹⁾	Class A Common Stock	200,000	$0.00	200,000	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	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