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At Twin Disc, Incorporated's shareholder meeting held October 30, 2025, in the 2025-2026 proxy season, 74 asset managers reported how they voted in their SEC Form N-PX filings, covering 309 separate fund positions. Their filings are grouped here into 5 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. Twin Disc, Incorporated's own Form 8-K tally for this meeting is published below, but no row in it could be matched to the most widely held item, so this page states no certified outcome for that item. On that item — To consider an advisory vote to approve the compensation of the Corporation's Named Executive… — the reporting funds and managers cast 99% of the shares they voted in favour (FOR divided by FOR plus AGAINST plus WITHHELD; abstained and unvoted shares are excluded because neither took a side). Fund and manager reports are combined in it and may count the same shares twice: it adds fund reports to institutional-manager reports, which can cover the same shares. It is not the company's certified result.
Download data (CSV): ballot items · votes by manager · column guide.
Compiled from SEC Form N-PX filings and Twin Disc, Incorporated’s Form 8-K, filed November 4, 2025 (Item 5.07 on EDGAR). Page generated November 8, 2026.
Meeting of October 30, 2025: 5 items on Twin Disc, Incorporated’s Form 8-K, filed November 4, 2025: 3 elected · 2 approved.
None.
Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided
Explore Twin Disc, Incorporated in the interactive database Compare manager voting policies
These tallies are Twin Disc, Incorporated’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed November 4, 2025 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.
| Ballot item | For | Against | Abstain | Withheld | Broker non-votes | Support (of votes cast) | Reported outcome | Voting standard |
|---|---|---|---|---|---|---|---|---|
| Elect Director: John H. Batten | 10,537,394 | -- | -- | 176,049 | 1,653,912 | 98% | Elected | — |
| Elect Director: Juliann Larimer | 10,426,603 | -- | -- | 286,840 | 1,653,912 | 97% | Elected | — |
| Elect Director: Kevin M. Olsen | 10,398,338 | -- | -- | 315,105 | 1,653,912 | 97% | Elected | — |
| 2. Advisory Vote on the Compensation of the Company ' s Named Executive Officers | 10,107,525 | 228,395 | 377,523 | -- | 1,653,912 | 98% | Approved | — |
| 3. Appointment of RSM US LLP as Independent Registered Public Accounting Firm | 12,295,323 | 53,916 | 18,116 | -- | -- | 99.5% | Approved | — |
Source: Twin Disc, Incorporated, Form 8-K, filed with the SEC on November 4, 2025 — read the filing on EDGAR.
Each item below shows how the 74 asset managers that disclosed a Twin Disc, Incorporated vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of Twin Disc, Incorporated’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.
Combines 4 wordings of this item as funds reported it.
98% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: John H. Batten
Twin Disc, Incorporated’s own tally for this item (“Elect Director: John H. Batten”): 10,537,394 for, 176,049 withheld, per its Form 8-K filed November 4, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: Elected, in the filing’s own words: “Mr. John H. Batten, Ms. Juliann Larimer, and Mr. Kevin M. Olsen were elected to serve until the 2028 Annual Meeting of Shareholders or until their successor is duly elected and qualified.”
Support: 98% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 21 asset managers below reported 2,199,148 for.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Gabelli | 580,548 | 0 | 0 | 0 | For |
| Vanguard | 504,850 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 370,700 | 0 | 0 | 0 | For |
| Dimensional | 245,841 | 0 | 0 | 0 | For |
| TETON WESTWOOD FUNDS | 195,000 | 0 | 0 | 0 | For |
| Fidelity | 108,494 | 0 | 0 | 0 | For |
| WisdomTree | 59,000 | 0 | 0 | 0 | For |
| BlackRock | 25,462 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 21,860 | 0 | 0 | 0 | For |
| American Century | 21,756 | 0 | 0 | 0 | For |
| BRIDGEWAY FUNDS INC | 21,579 | 0 | 0 | 0 | For |
| EA Series Trust | 21,158 | 0 | 0 | 0 | For |
| Charles Schwab | 5,599 | 0 | 0 | 0 | For |
| Jackson National | 4,171 | 0 | 0 | 0 | For |
| Invesco | 3,113 | 0 | 0 | 0 | For |
| Prudential/PGIM | 2,870 | 0 | 0 | 0 | For |
| Equitable | 2,249 | 0 | 0 | 0 | For |
| John Hancock | 1,650 | 0 | 0 | 0 | For |
| Northern Trust | 1,506 | 0 | 0 | 0 | For |
| Victory Capital | 1,142 | 0 | 0 | 0 | For |
| Lincoln Financial | 600 | 0 | 0 | 0 | For |
Combines 4 wordings of this item as funds reported it.
97% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Juliann Larimer
Twin Disc, Incorporated’s own tally for this item (“Elect Director: Juliann Larimer”): 10,426,603 for, 286,840 withheld, per its Form 8-K filed November 4, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: Elected, in the filing’s own words: “Mr. John H. Batten, Ms. Juliann Larimer, and Mr. Kevin M. Olsen were elected to serve until the 2028 Annual Meeting of Shareholders or until their successor is duly elected and qualified.”
Support: 97% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 21 asset managers below reported 2,177,990 for, 21,158 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Gabelli | 580,548 | 0 | 0 | 0 | For |
| Vanguard | 504,850 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 370,700 | 0 | 0 | 0 | For |
| Dimensional | 245,841 | 0 | 0 | 0 | For |
| TETON WESTWOOD FUNDS | 195,000 | 0 | 0 | 0 | For |
| Fidelity | 108,494 | 0 | 0 | 0 | For |
| WisdomTree | 59,000 | 0 | 0 | 0 | For |
| BlackRock | 25,462 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 21,860 | 0 | 0 | 0 | For |
| American Century | 21,756 | 0 | 0 | 0 | For |
| BRIDGEWAY FUNDS INC | 21,579 | 0 | 0 | 0 | For |
| EA Series Trust | 0 | 0 | 21,158 | 0 | Abstain |
| Charles Schwab | 5,599 | 0 | 0 | 0 | For |
| Jackson National | 4,171 | 0 | 0 | 0 | For |
| Invesco | 3,113 | 0 | 0 | 0 | For |
| Prudential/PGIM | 2,870 | 0 | 0 | 0 | For |
| Equitable | 2,249 | 0 | 0 | 0 | For |
| John Hancock | 1,650 | 0 | 0 | 0 | For |
| Northern Trust | 1,506 | 0 | 0 | 0 | For |
| Victory Capital | 1,142 | 0 | 0 | 0 | For |
| Lincoln Financial | 600 | 0 | 0 | 0 | For |
Combines 4 wordings of this item as funds reported it.
97% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Kevin M. Olsen
Twin Disc, Incorporated’s own tally for this item (“Elect Director: Kevin M. Olsen”): 10,398,338 for, 315,105 withheld, per its Form 8-K filed November 4, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: Elected, in the filing’s own words: “Mr. John H. Batten, Ms. Juliann Larimer, and Mr. Kevin M. Olsen were elected to serve until the 2028 Annual Meeting of Shareholders or until their successor is duly elected and qualified.”
Support: 97% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 21 asset managers below reported 2,153,017 for, 3,113 withheld, 43,018 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Gabelli | 580,548 | 0 | 0 | 0 | For |
| Vanguard | 504,850 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 370,700 | 0 | 0 | 0 | For |
| Dimensional | 245,841 | 0 | 0 | 0 | For |
| TETON WESTWOOD FUNDS | 195,000 | 0 | 0 | 0 | For |
| Fidelity | 108,494 | 0 | 0 | 0 | For |
| WisdomTree | 59,000 | 0 | 0 | 0 | For |
| BlackRock | 25,462 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 0 | 0 | 21,860 | 0 | Abstain |
| American Century | 21,756 | 0 | 0 | 0 | For |
| BRIDGEWAY FUNDS INC | 21,579 | 0 | 0 | 0 | For |
| EA Series Trust | 0 | 0 | 21,158 | 0 | Abstain |
| Charles Schwab | 5,599 | 0 | 0 | 0 | For |
| Jackson National | 4,171 | 0 | 0 | 0 | For |
| Invesco | 0 | 0 | 0 | 3,113 | Withhold |
| Prudential/PGIM | 2,870 | 0 | 0 | 0 | For |
| Equitable | 2,249 | 0 | 0 | 0 | For |
| John Hancock | 1,650 | 0 | 0 | 0 | For |
| Northern Trust | 1,506 | 0 | 0 | 0 | For |
| Victory Capital | 1,142 | 0 | 0 | 0 | For |
| Lincoln Financial | 600 | 0 | 0 | 0 | For |
Combines 3 wordings of this item as funds reported it.
99% Fund and manager reports combined; may count the same shares twice · no official result
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Equitable | 692,249 | 0 | 0 | 0 | For |
| Gabelli | 580,548 | 0 | 0 | 0 | For |
| Vanguard | 504,850 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 370,700 | 0 | 0 | 0 | For |
| Dimensional | 245,841 | 0 | 0 | 0 | For |
| RBB FUND, INC. | 0 | 0 | 225,745 | 0 | Abstain |
| TETON WESTWOOD FUNDS | 195,000 | 0 | 0 | 0 | For |
| 1290 Funds | 117,000 | 0 | 0 | 0 | For |
| Fidelity | 108,494 | 0 | 0 | 0 | For |
| WisdomTree | 59,000 | 0 | 0 | 0 | For |
| BlackRock | 25,462 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 21,860 | 0 | 0 | 0 | For |
| American Century | 21,756 | 0 | 0 | 0 | For |
| BRIDGEWAY FUNDS INC | 21,579 | 0 | 0 | 0 | For |
| EA Series Trust | 0 | 0 | 21,158 | 0 | Abstain |
| Charles Schwab | 5,599 | 0 | 0 | 0 | For |
| Jackson National | 4,171 | 0 | 0 | 0 | For |
| Invesco | 3,113 | 0 | 0 | 0 | For |
| Prudential/PGIM | 2,870 | 0 | 0 | 0 | For |
| John Hancock | 1,650 | 0 | 0 | 0 | For |
| Northern Trust | 1,506 | 0 | 0 | 0 | For |
| Victory Capital | 1,142 | 0 | 0 | 0 | For |
| Lincoln Financial | 600 | 0 | 0 | 0 | For |
Fund voting reports, all 23 managers: 2,984,990 for, 246,903 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Gabelli | 1,603,663 | 0 | 0 | 0 | For |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | 178,097 | 0 | 0 | 0 | For |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 133,665 | 0 | 0 | 0 | For |
| BlackRock | 132,401 | 0 | 0 | 0 | For |
| GEODE CAPITAL MANAGEMENT, LLC | 129,691 | 0 | 0 | 0 | For |
| Pacific Ridge Capital Partners, LLC | 0 | 0 | 116,920 | 0 | Abstain |
| SEGALL BRYANT & HAMILL, LLC | 109,707 | 0 | 0 | 0 | For |
| Renaissance | 106,061 | 0 | 0 | 0 | For |
| Peapod Lane Capital LLC | 0 | 90,394 | 0 | 0 | Against |
| Connor, Clark & Lunn Investment Management Ltd. | 86,180 | 0 | 0 | 0 | For |
| AMERIPRISE FINANCIAL INC | 75,385 | 0 | 0 | 0 | For |
| ACADIAN ASSET MANAGEMENT LLC | 64,838 | 0 | 0 | 0 | For |
| Two Sigma | 64,576 | 0 | 0 | 0 | For |
| Citadel | 60,983 | 0 | 0 | 0 | For |
| GRACE & WHITE INC /NY | 60,386 | 0 | 0 | 0 | For |
| KENNEDY CAPITAL MANAGEMENT LLC | 60,157 | 0 | 0 | 0 | For |
| Dimensional | 59,170 | 0 | 0 | 0 | For |
| State Street | 43,105 | 0 | 0 | 0 | For |
| MARTIN & CO INC /TN/ | 30,075 | 0 | 0 | 0 | For |
| Northern Trust | 30,018 | 0 | 0 | 0 | For |
| American Century | 21,867 | 0 | 0 | 0 | For |
| WELLS FARGO CLEARING SERVICES, LLC | 10,000 | 0 | 0 | 0 | For |
| PARAMETRIC PORTFOLIO ASSOCIATES LLC | 8,007 | 0 | 0 | 0 | For |
| Vanguard | 6,367 | 0 | 0 | 0 | For |
| Charles Schwab | 5,599 | 0 | 0 | 0 | For |
Institutional-manager reports, all 58 managers: 3,122,448 for, 90,458 against, 116,920 abstained. Showing the 25 largest; every one is in the interactive database (link above).
99.5% Approved · of votes cast
Description as filed by funds: To ratify the appointment of RSM US LLP, an independent registered public accounting firm, as our independent auditors for the fiscal year ending June 30, 2026.
Twin Disc, Incorporated’s own tally for this item (“3. Appointment of RSM US LLP as Independent Registered Public Accounting Firm”): 12,295,323 for, 53,916 against — passed, per its Form 8-K filed November 4, 2025 (Item 5.07).
Reported outcome: Approved, in the filing’s own words: “The shareholders of the Company ratified the appointment of RSM US LLP as the Company's independent registered public accounting firm for the fiscal year ending June 30, 2026.”
Support: 99.5% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 22 asset managers below reported 2,984,990 for, 21,158 against.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Equitable | 692,249 | 0 | 0 | 0 | For |
| Gabelli | 580,548 | 0 | 0 | 0 | For |
| Vanguard | 504,850 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 370,700 | 0 | 0 | 0 | For |
| Dimensional | 245,841 | 0 | 0 | 0 | For |
| TETON WESTWOOD FUNDS | 195,000 | 0 | 0 | 0 | For |
| 1290 Funds | 117,000 | 0 | 0 | 0 | For |
| Fidelity | 108,494 | 0 | 0 | 0 | For |
| WisdomTree | 59,000 | 0 | 0 | 0 | For |
| BlackRock | 25,462 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 21,860 | 0 | 0 | 0 | For |
| American Century | 21,756 | 0 | 0 | 0 | For |
| BRIDGEWAY FUNDS INC | 21,579 | 0 | 0 | 0 | For |
| EA Series Trust | 0 | 21,158 | 0 | 0 | Against |
| Charles Schwab | 5,599 | 0 | 0 | 0 | For |
| Jackson National | 4,171 | 0 | 0 | 0 | For |
| Invesco | 3,113 | 0 | 0 | 0 | For |
| Prudential/PGIM | 2,870 | 0 | 0 | 0 | For |
| John Hancock | 1,650 | 0 | 0 | 0 | For |
| Northern Trust | 1,506 | 0 | 0 | 0 | For |
| Victory Capital | 1,142 | 0 | 0 | 0 | For |
| Lincoln Financial | 600 | 0 | 0 | 0 | For |
Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 14,388,031 shares outstanding at the time of that meeting.
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Equitable | 4.81% |
| 2 | Gabelli | 4.03% |
| 3 | Vanguard | 3.51% |
| 4 | Columbia Threadneedle | 2.58% |
| 5 | Dimensional | 1.71% |
| 6 | RBB FUND, INC. | 1.57% |
| 7 | TETON WESTWOOD FUNDS | 1.36% |
| 8 | 1290 Funds | 0.81% |
| 9 | Fidelity | 0.75% |
| 10 | WisdomTree | 0.41% |
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Gabelli | 11.15% |
| 2 | STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | 1.24% |
| 3 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 0.93% |
| 4 | BlackRock | 0.92% |
| 5 | GEODE CAPITAL MANAGEMENT, LLC | 0.90% |
| 6 | Pacific Ridge Capital Partners, LLC | 0.81% |
| 7 | SEGALL BRYANT & HAMILL, LLC | 0.76% |
| 8 | Renaissance | 0.74% |
| 9 | Peapod Lane Capital LLC | 0.63% |
| 10 | Connor, Clark & Lunn Investment Management Ltd. | 0.60% |
As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.
| Holder | % outstanding | Disclosure |
|---|---|---|
| GAMCO Investors, Inc. | 14.96% | DEF14A |
| John H. Batten | 13.69% | DEF14A |
| Juniper Investment | 7.12% | DEF14A |
| Dimensional Fund Advisors | 4.24% | 13F |
| Vanguard Group | 4.10% | 13F |
| Racine, WI | 3.63% | DEF14A |
| Millennium Management | 1.34% | 13F |
| Jeffrey S. Knutson | 1.26% | DEF14A |
| BlackRock | 1.22% | 13F |
| Geode Capital | 0.93% | 13F |
Percentages above are of 14,388,031 shares outstanding, as reported by Twin Disc, Incorporated on its Form 10-Q dated October 23, 2025 (see the filing on EDGAR). This is the count contemporaneous with the 2025-2026 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.
Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from Twin Disc, Incorporated’s 10-Q dated October 23, 2025. This page is a static snapshot rebuilt weekly on November 8, 2026; a live search always shows the current data.
Twin Disc, Incorporated proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).
proxyvotesnow.com, “Twin Disc (TWIN) 2025 Annual Meeting (2025-2026 season): Vote Results”, https://proxyvotesnow.com/company/twin-disc-incorporated/2026 (version of November 8, 2026). Derived from SEC Form N-PX and Form 8-K filings; tables licensed CC BY 4.0. Licence: CC BY 4.0.