Jeffrey S. Knutson - 31 Jul 2024 Form 4 Insider Report for TWIN DISC INC (TWIN)

Role
VP Finance, CFO, Secr & Trea
Signature
/s/ Jeffrey S. Knutson
Issuer symbol
TWIN
Transactions as of
31 Jul 2024
Net transactions value
+$210,605
Form type
4
Filing time
02 Aug 2024, 16:18:09 UTC
Previous filing
08 Aug 2023
Next filing
13 Aug 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TWIN COMMON STOCK Award $397,272 +28,046 +22% $14.16 157,143 31 Jul 2024 Direct F1
transaction TWIN COMMON STOCK Tax liability $186,666 -13,178 -8.4% $14.16 143,965 31 Jul 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vesting of Performance Stock for no cash consideration pursuant to the Twin Disc, Incorporated 2018 Long-Term Incentive Compensation Plan as amended.
F2 Represents shares of common stock withheld by the issuer to satisfy tax obligations in connection with the vesting of performance stock granted to the Reporting Person pursuant to Rule 16b-3(d).