Form 4: Titan International Executive Acquires Shares, Settles Tax Obligations
SEC Filing
Anthony Eheli, VP and Chief Accounting Officer of Titan International, reports acquisition of shares and withholding for tax obligations.
Summary
- Anthony Eheli, VP, Chief Accounting Officer of Titan International, filed a Form 4.
- On March 10, 2025, Mr. Eheli acquired 25,000 shares of common stock.
- Also on March 10, 2025, 5,021 shares of common stock were withheld to cover tax obligations at a price of $8.87.
- Following these transactions, Mr. Eheli beneficially owns 72,897 shares, including 50,000 shares of restricted stock vesting over the next three years.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard regulatory filing related to stock transactions.
Positives
- The acquisition of 25,000 shares by a company executive could be seen as a positive signal, indicating confidence in the company's future performance.
Industry Context
Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities, allowing investors to monitor the actions of company executives and directors.
Stakeholder Impact
- The acquisition of shares by an executive may positively influence shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/10/2025 | Date of transaction: acquisition of 25,000 shares and withholding of 5,021 shares for tax obligations. |
| 03/12/2025 | Date of signature on the Form 4 filing. |
| 03/14/2025 | Vesting date for 6,666 restricted shares. |
| 03/10/2026 | Vesting date for 14,166 restricted shares. |
| 03/14/2026 | Vesting date for 6,667 restricted shares. |
| 03/10/2027 | Vesting date for 14,167 restricted shares. |
| 03/10/2028 | Vesting date for 8,334 restricted shares. |
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