David B. Rayburn
On August 4, 2022, David B. Rayburn announced his intention to retire from the Board, effective after the Company’s 2022 Annual Meeting of Shareholders.
Highest-materiality recent filing
Twin Disc furnishes investor presentation for Aug 25, 2026 meetings; no financials disclosed
Twin Disc (TWIN) executives to present at investor meetings and conferences on or after Aug 25, 2026.
Twin Disc furnishes investor presentation; no specific financial data disclosed
8-K filed Aug 20, 2026 solely to furnish investor presentation materials as Exhibit 99.1.
Twin Disc FY2026 sales $381.3M (+11.9%); EPS $1.86 vs -$0.05
Q4 sales $114.4M, +18.3% YoY; FY sales $381.3M, +11.9% YoY; organic FY +4.6%.
Twin Disc boosts equity plan by 700k shares; sets FY27 executive comp
Amended 2021 Omnibus Plan increases authorized shares from 1,636,550 to 2,336,550 (700k new shares).
Twin Disc enters $30M term loan and $60M revolving credit facility with BMO and JPMorgan Chase
$30M term loans from Bank of Montreal and JPMorgan Chase, maturing June 30, 2031.
Twin Disc Q3 FY2026 sales up 19% to $96.7M; swings to net income $3.3M
Revenue $96.7M (+19% YoY); net income $3.3M ($0.23 EPS) vs net loss of $1.5M.
Twin Disc files investor presentation for May 2026 meetings; no financial figures disclosed
Management will use presentation materials at investor conferences starting May 6, 2026.
Twin Disc Q2: net income $22.4M on $21.8M tax benefit; organic sales -7.9%
Sales $90.2M (+0.3% YoY); organic sales down 7.9% excluding Kobelt acquisition and FX.
Twin Disc furnishes investor presentation materials; no specific financial updates disclosed
Presentation materials to be used in investor meetings starting February 4, 2026.
Twin Disc Q1 sales +9.7% to $80M; net loss narrowed to $518K
Gross margin 28.7% (+220 bps YoY); EBITDA $4.7M, up 172.3% from Q1 FY25.
Twin Disc furnishes investor presentation; no specific financial data disclosed in filing
Presentation materials filed as Exhibit 99.1 for use at investor meetings starting November 5, 2025.
Twin Disc reports annual meeting results and restricted stock awards to non-employee directors
John H. Batten, Juliann Larimer, and Kevin M. Olsen elected directors with over 97% votes for each.
Twin Disc files investor presentation materials for meetings starting Aug 27
Executive officers to present at investor meetings on or after August 27, 2025.
Twin Disc FY2025 sales +15.5% to $340.7M; net loss $1.9M, EBITDA down 28%
Sales $340.7M for FY2025 (+15.5% YoY); Q4 sales $96.7M (+14.5% YoY).
Twin Disc furnishes investor presentation materials; no new financial data disclosed
Presentation materials filed as Exhibit 99.1 for use with investors and analysts on or after August 21, 2025.
Twin Disc sets FY2026 base salaries, bonuses, and equity grants for CEO and CFO
CEO John Batten base salary unchanged at $712,071; CFO Jeffrey Knutson base raised 4.2% to $437,000.
Twin Disc Q3 FY2025 net loss $1.5M; sales up 9.5% to $81.2M
Net loss of $1.5M ($0.11 diluted EPS) vs prior-year net income of $3.8M ($0.27 EPS).
Twin Disc posts investor presentation for meetings starting May 7, 2025
Materials furnished under Regulation FD; no new financial results or guidance disclosed in filing text.
Twin Disc closes $16.5M acquisition of Kobelt, secures $65M credit facility
Acquired Kobelt Manufacturing for CAD $23.4M (USD $16.5M); paid CAD $23,397,932 at closing.
Twin Disc Q2 sales up 23% to $89.9M; EPS $0.07 flat; gross margin down 420bps
Sales $89.9M (+23.2% YoY, organic +10.1%); net income $0.9M ($0.07 EPS) flat YoY.
Twin Disc furnishes investor presentation; no specific financial results disclosed
Presentation posted on company website and used at investor meetings starting Feb 5, 2025.
Janet P. Giesselman and David W. Johnson elected to board with 97.89% and 86.36% votes for, respectively.
Twin Disc Q1 revenue up 14.7% to $72.9M; net loss widens to $2.8M
Net loss of $2.8M ($0.20 diluted EPS) vs loss of $1.2M ($0.09) in prior year.
Twin Disc furnishes investor presentation; no specific financial results in filing
Company filed presentation materials for investor meetings starting November 6, 2024.
Twin Disc files 8-K with investor presentation; no financial results disclosed
Presentation filed as Exhibit 99.1; specific content not provided in this filing.
Twin Disc reports FY2024 sales $295.1M (+6.6% YoY), net income $11.0M
FY2024 sales $295.1M (+6.6% YoY); net income $11.0M ($0.79 diluted EPS).
Twin Disc adopts Omnibus Incentive Plan, raises CEO/CFO pay 4% with new equity grants
CEO Batten base salary raised 4% to $712,071; CFO Knutson base salary raised 4% to $419,369.
Twin Disc completes €21M acquisition of Finland-based Katsa Oy
TD Finland paid €23,081,520 at closing (€21M base plus adjustments) for all Katsa shares.
Twin Disc Q3 net income $3.8M, EPS $0.27; sales $74.2M, gross margin 28.2%
Sales up 0.5% YoY to $74.2M; gross margin expanded 210 bps to 28.2%.
Twin Disc files investor presentation; no specific financial data in filing
Regulation FD disclosure of presentation materials for investor meetings starting April 30, 2024.
Twin Disc amends credit facility: revolver raised to $45M, maturity extended to 2027
Revolver commitment increased from $40M to $45M; borrowing base inventory component raised to lesser of $35M and 60% of eligible inventory (phasing down).
Twin Disc to acquire Finnish gearbox maker Katsa Oy for €21M (~$23M) cash
All-cash purchase of all Katsa shares by Twin Disc subsidiary; deal valued at €21M, subject to working capital adjustment.
Twin Disc files investor presentation; no new financial data in filing text
Company furnished presentation for investor meetings starting Feb 7, 2024.
Twin Disc Q2 revenue rises 15.2% to $73M; net income drops to $0.9M on prior-year gain
Net income $0.9M ($0.07 diluted EPS) vs $1.8M ($0.13) YoY; EBITDA $5.5M down from $7.0M.
Twin Disc Q1 revenue up 13.7% to $63.6M, reinstates quarterly dividend
Sales up 13.7% YoY to $63.6M; Marine & Propulsion +24.3%, Land-Based +16.6%.
At Oct 26 annual meeting, Michael Doar (93.15%) and Michael Smiley (97.92%) elected as directors.
Twin Disc furnishes investor presentation materials; no material financial news disclosed
Executive officers will use presentation at investor meetings starting August 16, 2023.
Twin Disc Q4 sales up 10.5% to $83.9M; net income $8.6M; full-year sales $277M
Q4 net income attributable to Twin Disc $8.6M ($0.62 diluted EPS); EBITDA $13.0M.
Base salaries for CEO Batten and CFO Knutson increased 4.5%, effective Oct 1, 2023.
Company will present materials at investor meetings and conferences starting June 14, 2023.
Twin Disc furnishes investor presentation for meetings on/after Apr 28, 2023; content not disclosed
Presentation materials filed as Exhibit 99.1 for use at investor meetings.
Twin Disc Q3 sales up 24.4% to $73.8M; net income $2.7M; backlog at $127.7M
Net income $2.7M ($0.20 per diluted share) vs $2.2M ($0.17) a year ago.
Twin Disc files investor presentation for meetings starting Feb 23, 2023
Presentation materials filed as Exhibit 99.1 for use at investor meetings and conferences.
Twin Disc Q2 swings to profit; sales up 5.8% to $63.4M; backlog grows to $124M
Q2 net income of $1.1M ($0.08 diluted EPS) vs net loss of $3.8M ($0.29 loss) a year ago.
Twin Disc furnishes investor presentation materials; content unavailable in text
Presentation materials filed as Exhibit 99.1 for use at investor meetings starting Nov 10, 2022.
Twin Disc reports Q1 fiscal 2023 sales up 17.1% to $55.9M, net loss of $2.0M
Net loss attributable to Twin Disc of $2.0M ($0.15 per share) vs net income of $1.9M ($0.14 diluted) a year ago.
Twin Disc Reports Annual Meeting Results, Elects Directors and Approves Executive Compensation
Shareholders elected John H. Batten, Juliann Larimer, and Kevin M. Olsen as directors with over 97% votes for each.
Twin Disc to sell Belgium facility for €6.95M, lease back for €472K/year
Sale of manufacturing facility in Nivelles, Belgium to Lock'O S.A. for €6,950,000.
Twin Disc terminates agreement to sell corporate headquarters in Racine, WI
Received notice from J. Jeffers & Co. terminating Commercial Offer to Purchase for 1328 Racine Street property.
Twin Disc Q4 sales up 14.8% to $76.0M; net income $7.8M vs prior year loss
Q4 sales $76.0M (+14.8% YoY); gross margin expanded 410 bps to 31.8%.
On August 4, 2022, David B. Rayburn announced his intention to retire from the Board, effective after the Company’s 2022 Annual Meeting of Shareholders.
On August 4, 2022, the Board of Directors (the “Board”) of Twin Disc, Incorporated (the “Company”) increased the size of the Board from eight to nine, and appointed Kevin Olsen as a member of the Board to fill the vacancy created by the expansion of the Board.
The Board intends to appoint Michael C. Smiley as the new Chairman of the Board after Mr. Rayburn’s retirement.
In addition, Harold M. Stratton II will not be nominated for another term to the Company’s Board, and his term on the Board will end as of the Company’s 2022 Annual Meeting of Shareholders.
appointed Juliann Larimer as a member of the Board of Directors of the Company to fill the vacancy created by the expansion of the Board of Directors.
to fill the vacancy in that office created by the departure of James E. Feiertag.
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.
Max materiality 0.80 · Median 0.43 · Most common event other_material