1 unchanged sentence
Unregistered Sales of Equity Securities
−Removed: There were no securities of the Company sold by the Company during the quarter ended September 26, 2025, which were not registered under the Securities Act of 1933, in reliance upon an exemption from registration provided by Section 4 (2) of the Act.
+Added: There were no securities of the Company sold by the Company during the quarter ended December 26, 2025, which were not registered under the Securities Act of 1933, in reliance upon an exemption from registration provided by Section 4 (2) of the Act.
Use of Proceeds
9 unchanged sentences
Purchased Under the Plans or
−Removed: July 1, – July 25, 2025
−Removed: July 26 – August 29, 2025
−Removed: August 30 – September 26, 2025
−Removed: The amounts shown in Column (a) above represent shares of common stock delivered to the Company as payment of withholding taxes due on the vesting of restricted stock and performance stock issued under the Twin Disc, Incorporated 2021 Long-Term Incentive Compensation Plans.
+Added: September 27 – October 31, 2025
+Added: November 1– November 28, 2025
+Added: November 29 – December 26, 2025
On February 1, 2008, the Board of Directors authorized the purchase of up to 500,000 shares of Common Stock at market values, of which 250,000 shares were purchased during fiscal 2009 and 125,000 shares were purchased during fiscal 2012.
2 unchanged sentences
During the second quarter of fiscal 2013, the Company purchased 185,000 shares under this authorization.
−Removed: The Company did not make any purchases during the quarter ended September 26, 2025.
−Removed: As of September 26, 2025, 315,000 shares remain authorized for purchase.
+Added: The Company did not make any purchases during the quarter ended December 26, 2025.
+Added: As of December 26, 2025, 315,000 shares remain authorized for purchase.
The discussion of limitations upon the payment of dividends as a result of the Credit Agreement between the Company and BMO Harris Bank, N.A., as discussed in Part I, Item 2, "Management's Discussion and Analysis " under the heading "Financial Condition, Liquidity and Capital Resources," is incorporated herein by reference.
1 unchanged sentence
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.