Form 4: Titan International Director Max Guinn Acquires Restricted Stock Units

Max A. Guinn, a Director at Titan International Inc. (TWI), has acquired 19,780 shares of common stock in the form of Restricted Stock Units (RSUs) as part of a compensation grant.

Summary

• Max A. Guinn, a Director of Titan International Inc. (TWI), acquired 19,780 shares of common stock on June 16, 2025.
• The acquisition was in the form of Restricted Stock Units (RSUs), which were granted at a price of $0 per share.
• These RSUs are scheduled to vest on the first anniversary of the grant date.
• Following this transaction, Mr. Guinn beneficially owns a total of 165,336 shares of common stock.
• The transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 6

Explanation: The acquisition of RSUs by a director is generally a neutral to slightly positive event, as it aligns the director's financial interests with the long-term performance of the company and shareholders. It is a standard compensation practice.

Positives

• The acquisition of Restricted Stock Units by a director aligns their interests with those of shareholders, as the value of their compensation is tied to the company's stock performance.
• The transaction was made under a Rule 10b5-1 plan, indicating a pre-arranged and transparent acquisition.

Future Outlook

The acquired Restricted Stock Units are scheduled to vest on the first anniversary of the grant date, which is June 16, 2026, indicating a future increase in the director's vested equity holdings.

Industry Context

This Form 4 filing is a routine disclosure of an insider's equity transaction, common across all industries for publicly traded companies. It does not provide specific insights into broader industry trends but reflects standard executive compensation practices.

Stakeholder Impact

• Shareholders: The RSU grant aligns the director's interests with shareholders, potentially encouraging decisions that enhance long-term stock value.

Next Steps

• The Restricted Stock Units are expected to vest on June 16, 2026, at which point they will convert into fully owned common stock.

Key Dates

Keywords

Titan International Inc., TWI, Max A. Guinn, SEC Form 4, Restricted Stock Units, RSU, Insider Transaction, Beneficial Ownership, Director Compensation, Equity Grant