secwatch.observer — SEC 8-K summary
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Issuer:     TWIN DISC INC (TWIN)
CIK:        0000100378
Form:       8-K
Filed at:   2023-11-01T23:59:59+00:00
Accession:  0001437749-23-029659
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Twin Disc shareholders elect directors, approve executive compensation, ratify auditor; board receives restricted stock
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- At Oct 26 annual meeting, Michael Doar (93.15%) and Michael Smiley (97.92%) elected as directors.
- Advisory vote on named executive officer compensation passed (9,934,309 for; 135,260 against).
- Shareholders ratified RSM US LLP as independent auditor for FY2024 (11,280,203 for; 36,822 against).
- Non-employee directors each received 5,397 restricted shares (~54% of annual retainer) under 2020 Stock Plan.
- Advisory vote on frequency of say-on-pay favored 1 year (9,523,625 votes).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/100378/000143774923029659/0001437749-23-029659-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/100378/000143774923029659/twin20231031_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-029659

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