secwatch.observer — SEC 8-K summary
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Issuer:     TWIN DISC INC (TWIN)
CIK:        0000100378
Form:       8-K
Filed at:   2022-02-07T23:59:59+00:00
Accession:  0001437749-22-002627
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Appoints Juliann Larimer to Board of Directors effective Feb 1, 2022
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- Board size increased from 7 to 8; Larimer appointed to fill the new vacancy.
- Larimer's term expires in 2022; company intends to nominate her for reelection.
- Annual retainer of $140,000 (48% cash, 52% restricted shares), pro-rated from Feb 1.
- Restricted stock issued Feb 7, 2022, vests at 2022 Annual Meeting.
- Larimer will not serve on any board committees initially.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/100378/000143774922002627/0001437749-22-002627-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/100378/000143774922002627/twin20220207_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-002627

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer