Major owner of Twin Disc just disposed of 25,333 shares

Michael E Batten, a major owner of Twin Disc and a director of the company, recently disposed of 25,333 shares of the company. The disposals took place at $0.00 per share, on December 31, 2013. Batten still owns 1,043,696 shares of the company. Batten operates out of Racine, WI. Some additional info was provided as follows:

Restricted Stock forfeited back to company due to retirement. As Trustee for Trusts for members of immediate family; Reporting person is also Trustee for Trusts of non-immediate family members holding 1,534,470 shares of common stock, for which Section 16 reporting is not required. Stock owned by spouse, Gloria S. Batten

The above information was disclosed in a filing to the SEC. To see this filing in its entirety, c lick here.

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