TWIN Director David W. Johnson Receives 179-Share Award

What Happened

David W. Johnson, a director of Twin Disc, Inc. (TWIN), was granted 179 restricted shares on 2026-08-03 at a reported price of $22.74 per share, a total value of about $4,070. This transaction is an award/acquisition (code A)—restricted stock issued as compensation, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-08-03; filing date: 2026-08-04 (filed promptly).
• Grant: 179 shares at $22.74 each; total value ≈ $4,070.
• Transaction type: Award/Grant (restricted stock issued in lieu of quarterly cash retainer).
• Vesting: Shares will vest on the first anniversary of issuance.
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: Issued pursuant to an irrevocable election under the Twin Disc, Inc. Amended and Restated 2021 Omnibus Incentive Plan.

Context

This is a compensation-related restricted stock grant (retainer paid in shares). Such awards are routine for directors and represent compensation rather than a market-driven purchase or sale, and they typically do not indicate an immediate change in sentiment—shares are subject to vesting before the director can freely sell.