Form 4: Titan International Executive Sells Shares to Cover Tax Obligations
SEC Form 4
Anthony Eheli, VP and Chief Accounting Officer of Titan International, disposed of shares to cover tax obligations related to vesting restricted stock.
Summary
- On March 14, 2025, Anthony Eheli, VP, Chief Accounting Officer of Titan International, disposed of 2,621 shares of common stock to satisfy tax withholding obligations.
- The transaction was executed at a price of $8.075 per share.
- Following the transaction, Eheli directly owns 70,276 shares of Titan International, including 43,334 shares of restricted stock vesting over the next three years.
Sentiment
Score: 5
Explanation: This is a neutral event. An executive selling shares to cover taxes is a normal occurrence and doesn't necessarily indicate a positive or negative outlook on the company.
Industry Context
Form 4 filings are a routine part of the regulatory landscape, providing transparency into the transactions of company insiders. This particular filing reflects a common practice of selling shares to cover tax obligations associated with vesting restricted stock.
Key Dates
| Date | Description |
|---|---|
| 03/10/2026 | 14,166 shares of restricted stock vest |
| 03/14/2025 | Transaction date: Disposal of 2,621 shares of common stock |
| 03/14/2026 | 6,667 shares of restricted stock vest |
| 03/10/2027 | 14,167 shares of restricted stock vest |
| 03/10/2028 | 8,334 shares of restricted stock vest |
| 03/17/2025 | Date of signature on the Form 4 filing |
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