{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-21-024585","form_type":"8-K","ticker":"TWIN","cik":"0000100378","company_name":"TWIN DISC INC","filed_at":"2021-10-29T23:59:59+00:00","discovered_at":"2026-05-14T18:04:11.005672+00:00","generated_at":"2026-06-28T16:02:38.239870+00:00","sec_items":["2.02","5.02","5.07","7.01","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Twin Disc Q1 sales $47.8M (+3.4%), net income $1.9M vs loss; backlog up 22.5%; appoints CEO Batten as President","bullets":["Net income $1.9M ($0.14 diluted EPS) vs net loss of $4.0M ($0.30 loss per share) in prior year.","Sales $47.8M, up 3.4% YoY, driven by improving oil & gas, industrial, and marine markets.","Six-month backlog $86.1M at Sep 24, 2021, up 22.5% from June 30, 2021.","Net debt reduced to $9.8M from $19.7M at June 30, 2021, lowest in over three years.","John H. Batten appointed President in addition to CEO, filling vacancy from James E. Feiertag."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-21-024585","json":"https://secwatch.observer/filing/0001437749-21-024585.json","markdown":"https://secwatch.observer/filing/0001437749-21-024585.md","text":"https://secwatch.observer/filing/0001437749-21-024585.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/100378/000143774921024585/0001437749-21-024585-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/100378/000143774921024585/twin20211028_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T16:02:38.239870+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"67e88354a8","claim":"James E. Feiertag departed as President at TWIN DISC INC.","evidence_excerpt":"to fill the vacancy in that office created by the departure of James E. Feiertag.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/100378/000143774921024585/0001437749-21-024585-index.htm","confidence":0.85,"family_label":"Executive change","details":[{"label":"Action","value":"departed"},{"label":"Role","value":"President"}],"fact_type":"executive_change"},{"claim_id":"e9f0412c1a","claim":"John H. Batten was appointed as President at TWIN DISC INC.","evidence_excerpt":"appointed John H. Batten as President of the Company in addition to his role as Chief Executive Officer, to fill the vacancy in that office created by the departure of James E. Feiertag.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/100378/000143774921024585/0001437749-21-024585-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}