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

Twin Hospitality Boosts Executive Retention with Major Stock Award to Legal Chief

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

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 Sussman Allen
Role Chief Legal Officer
Type Security Shares Price Value
Grant/Award Restricted Stock Units 200,000 $0.00 --
Holdings After Transaction: Restricted Stock Units — 200,000 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*
Sussman Allen
(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 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)
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 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

FAQ

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.