|4Feb 12, 5:16 PM ET

BATTEN JOHN H 4

Research Summary

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Twin Disc 10% Owner John Batten Receives Award and Disposes 4,500 Shares

What Happened
John H. Batten, listed as a 10% owner of Twin Disc (TWIN), was granted three awards of 1,500 shares each on 2026-02-12 (transaction code A for award/grant). Each block was recorded at $18.21 per share and marked as "Disposed" — $27,316 reported for each 1,500-share block (total reported value across the three transactions: $81,948). The filing indicates these awarded shares were not retained.

Key Details

  • Transaction date: 2026-02-12; price listed: $18.21 per share.
  • Shares transacted: three awards of 1,500 shares each (total 4,500 shares). Reported per-block value: $27,316; total reported value: $81,948.
  • Shares owned after transaction: Not specified in the provided excerpt.
  • Footnotes: F1–F5 indicate the shares/authority are held or acted on as trustee for various Batten family trusts: Michael E. Batten Marital Trust (F1), Michael E. Batten Family Trust (F2), Elizabeth Batten Stribney Trust (F3), Timothy Michael Batten Trust (F4), and Louise Vemet Batten Grantor Trust (F5).
  • Filing timeliness: Reported and filed with Period of Report 2026-02-12 and filing date 2026-02-12 — appears timely.
  • Transaction code meaning: "A" = award/grant; "Disposed" denotes the awarded shares were sold or transferred rather than retained.

Context
An "A" code with "Disposed" means the award shares were not held after the grant; filings do not always state the reason (possible reasons include immediate sale, transfer to cover tax withholding, or distribution to trusts). As a 10% owner (not an executive role), this filing reflects owner-level trust activity rather than routine employee option exercises. The form is informational; it does not explain motivations.