BATTEN JOHN H 4

What Happened
John H. Batten, a 10% owner of Twin Disc, reported three award/acquisition transactions (code A) dated 2016-02-13. The awards were: 2,900 shares at $18.08 (reported value $52,420), 2,481 shares at $18.07 ($44,819), and 2,500 shares at $18.11 ($45,282), for a combined 7,881 shares with a reported total value of $142,521. These are recorded as awards/acquisitions rather than open-market purchases or sales.

Key Details

• Transaction date(s): 2016-02-13 (three awards). Reported prices and values:
  • 2,900 @ $18.08 = $52,420
  • 2,481 @ $18.07 = $44,819
  • 2,500 @ $18.11 = $45,282
  • Total: 7,881 shares; $142,521
• Filing date / accession: Report filed 2026-02-13 (Accession 0001437749-26-004184). The reported transaction dates are in 2016, so this filing appears to be significantly delayed.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnotes: F1–F5 indicate Batten acted in trustee capacities for multiple family trusts (Michael E. Batten Marital Trust; Michael E. Batten Family Trust; Elizabeth Batten Stribney Trust; Timothy Michael Batten Trust; Louise Vemet Batten Grantor Trust).
• Transaction code: A = grant/award/other acquisition. No 10b5-1 plan, tax-withholding sale, or cashless exercise was indicated in the provided details.

Context
As a 10% owner reporting in trustee capacities, these awards reflect acquisitions tied to Batten’s family trusts rather than a routine open-market buy by an executive. Awards (code A) can arise from trust transactions, restructurings, or company grants and do not by themselves indicate immediate market buying intent. The long delay between the 2016 transaction date and the 2026 filing reduces the timeliness and informational value of this report for short-term trading decisions.