DOAR MICHAEL 4

What Happened Michael Doar, a director of Twin Disc, received an award of 935 restricted shares on 2026-02-02 at an attributable price of $17.38 per share, valued at $16,251. This was an issuance (grant) of restricted stock in lieu of a quarterly cash retainer — not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-02; filing date: 2026-02-03 (timely; Form 4 filed within required window).
• Transaction type/code: Award/Grant (A).
• Shares granted: 935; price used for value: $17.38; total value reported: $16,251.
• Shares owned after transaction: Not specified in the filing.
• Footnote: Shares issued in lieu of the quarterly cash retainer under the Twin Disc, Inc. Amended and Restated 2021 Omnibus Incentive Plan; shares will vest on the first anniversary of issuance.

Context This award is compensation (restricted stock) rather than a market purchase or sale. Because the shares are subject to a one-year vesting period, they are not immediately liquid and should be viewed primarily as director compensation rather than a direct market signal.