Michael C. Smiley, a director at Twin Disc, Inc., has acquired 3,831 shares of the company’s common stock. This transaction, reported on October 30, 2026, is significant as it demonstrates Smiley's confidence in Twin Disc's prospects.

Twin Disc, Inc. is a company based in Racine, Wisconsin, specializing in general industrial machinery and equipment. The company is publicly traded under the ticker symbol TWIN and has a long history of providing high-quality products and services in its sector.

According to the recent filing, the acquisition took place on October 29, 2026, at a price of $26.1010 per share. Following this transaction, Smiley now owns a total of 78,577 shares of Twin Disc. This acquisition is part of an award of restricted stock under the Twin Disc, Incorporated Amended and Restated 2021 Omnibus Incentive Plan, with shares set to vest at the next annual meeting of shareholders.

This move may influence other executives and stakeholders within the general industrial machinery and equipment sector, as it underscores the importance of aligning executive interests with those of shareholders. The filing does not specify what happens next regarding additional transactions or company announcements.

Michael C. Smiley's address is listed as 1375 S 1470 E, Provo, Utah, 84606, indicating his residence outside of Wisconsin, where Twin Disc, Inc. is headquartered.

The filing indicates that Smiley's ownership of Twin Disc shares following this transaction is now 78,577 shares, reflecting a direct ownership stake in the company. This acquisition falls under the category of a non-derivative transaction, which typically suggests a straightforward purchase without complex financial instruments involved.

Additionally, the filing does not provide information regarding Smiley's past transactions or any potential future plans for his shareholding in Twin Disc, Inc. There is also no mention of any other directors or executives making similar transactions around the same time.