Bullish indicating open at $55-$60, IPO prices at $37
The Compensation and Human Capital Committee of Twin Disc , Incorporated (NASDAQ:TWIN), a $125.49 million market cap industrial company currently trading at $8.87 per share, approved new compensation arrangements for its principal executive officers at a meeting on Wednesday, August 6. According to InvestingPro data, the company has demonstrated profitability over the last twelve months, with revenue growth of 11.49%. The information was disclosed in a press release statement filed with the Securities and Exchange Commission.
For fiscal year 2026, President and Chief Executive Officer John H. Batten will receive a base salary of $712,071, reflecting no increase from the prior year. His target bonus remains set at 100% of base salary. Vice President-Finance, Chief Financial Officer, Treasurer, and Secretary Jeffrey S. Knutson will receive a base salary of $437,000, which represents a 4.2% increase, effective with the first pay period including October 1, 2025. His target bonus is set at 55% of base salary.
The target incentive bonuses for both executives are determined under the company’s 2026 Corporate Incentive Plan. Performance metrics and their respective weightings include net sales (20%), EBITDA as a percentage of net sales (40%), inventory as a percentage of net sales (20%), corporate growth (10%), and individual performance (10%). The plan specifies that incentive payments will not exceed 200% of the target, and may be adjusted by up to 20% at the discretion of the Chief Executive Officer or, in the case of the CEO’s own award, by the Committee.
The Committee also granted equity awards under the company’s 2021 Amended and Restated Omnibus Incentive Plan. Mr. Batten received 44,321 shares of restricted stock and a target of 66,482 shares of performance stock. Mr. Knutson received 21,762 shares of restricted stock and a target of 32,643 shares of performance stock. The restricted stock will vest in three years, contingent on continued employment. The performance shares are subject to achievement of objectives over a three-year period ending June 30, 2028, with a maximum combined payout of 198,250 shares.
This summary is based on a press release statement filed with the SEC. Twin Disc currently trades at a relatively high earnings multiple, with detailed financial analysis and additional insights available through InvestingPro’s comprehensive research reports, which provide in-depth analysis of the company’s valuation and growth prospects.
In other recent news, Twin Disc, Inc. announced that its Board of Directors has approved a regular quarterly cash dividend of $0.04 per share. This dividend will be payable on September 1, 2025, to shareholders of record as of August 18, 2025. The decision to maintain the dividend reflects the company’s ongoing commitment to returning value to its shareholders. Twin Disc’s announcement of the dividend is a part of its recent developments aimed at maintaining investor confidence. The dividend declaration comes amidst a broader context of corporate financial strategies and shareholder engagement. This announcement provides investors with insight into the company’s financial planning and shareholder relations. The company’s consistent dividend policy may be of interest to investors looking for steady income from their investments.
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