Johnson David W 4

What Happened David W. Johnson, a director of Twin Disc, was granted 234 restricted shares on 2026-02-02 at a reported value of $17.38 per share, totaling $4,067. The grant was issued in lieu of his quarterly cash retainer under the Twin Disc, Inc. Amended and Restated 2021 Omnibus Incentive Plan. These shares are restricted stock and will vest on the first anniversary of issuance.

Key Details

• Transaction type: Award/Grant (Code A)
• Transaction date: 2026-02-02; filing date (Form 4): 2026-02-03 (filed the next day)
• Shares granted: 234 at $17.38 per share; total value $4,067
• Vesting: Shares vest on the first anniversary of issuance (per footnote)
• Shares owned after transaction: Not specified in the provided filing
• Footnote: Grant issued in lieu of quarterly cash retainer pursuant to the 2021 Omnibus Incentive Plan

Context Restricted stock grants to directors are a common form of board compensation and generally reflect routine compensation practices rather than an insider buying or selling for market reasons. Because the shares are restricted and subject to a one‑year vesting schedule, they cannot be sold until vesting (unless the plan provides otherwise).