BATTEN JOHN H 4
Research Summary
AI-generated summary
Twin Disc (TWIN) 10% Owner John H. Batten Receives Award and Sells Shares
What Happened
John H. Batten, reported as a 10% owner of Twin Disc, received three grant/award acquisitions on 2026-02-11 of 10,000 shares each and disposed of them the same day. The lots were reported at $18.53 (10,000 shares, $185,303), $18.58 (10,000 shares, $185,788) and $18.67 (10,000 shares, $186,673), for total proceeds of approximately $557,764. Transaction code A (grant/award) was used with “Disposed” amounts reported.
Key Details
- Transaction date: 2026-02-11 (all three lots)
- Prices and amounts: 10,000 @ $18.53 ($185,303); 10,000 @ $18.58 ($185,788); 10,000 @ $18.67 ($186,673) — total ≈ $557,764
- Shares owned after transaction: Not specified in the provided excerpt of the filing
- Filing timeliness: Report filed on 2026-02-11 (same day), no late filing indicated
- Footnotes indicate holdings/authority as trustee for trusts:
- F1: Trustee of Michael E. Batten Marital Trust
- F2: Trustee of Michael E. Batten Family Trust
- F3: Trustee of Elizabeth Batten Stribney Trust
- F4: Trustee of Timothy Michael Batten Trust
- F5: Trustee of Louise Vemet Batten Grantor Trust
Context
These entries reflect awarded shares that were disposed of the same day rather than open-market purchases. As a 10% owner reporting trustee activity, these transactions may reflect trust or award-settlement actions rather than the trading behavior of an operating executive. The filings are factual records of the grant and immediate disposition; they do not by themselves indicate the insider’s market view.