TWI.NYSETitan International INC
Form 4: Titan International SVP & CFO David Martin Reports Stock Transaction
Sentiment:
SEC Form 4 Filing
David Martin, SVP & CFO of Titan International, reports the disposal of 5,640 shares of common stock to cover tax obligations related to vesting restricted stock.
Summary
- On March 25, 2024, David A. Martin, SVP & Chief Financial Officer of Titan International, Inc. reported a transaction involving the company's common stock.
- Martin disposed of 5,640 shares of common stock at a price of $12.39 per share.
- This transaction was to satisfy tax withholding obligations related to the vesting of restricted stock.
- Following the transaction, Martin beneficially owns 228,605 shares of Titan International, Inc.
- This total includes 96,666 shares of restricted stock vesting in installments between March 2025 and March 2027.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing related to stock transactions, indicating a neutral sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/25/2024 | Date of stock transaction (disposal of shares). |
| 03/26/2024 | Date of signature on the Form 4 filing. |
| 03/10/2025 | First vesting date for 33,333 shares of restricted stock. |
| 03/14/2025 | Second vesting date for 16,666 shares of restricted stock. |
| 03/10/2026 | Third vesting date for 15,000 shares of restricted stock. |
| 03/14/2026 | Fourth vesting date for 16,667 shares of restricted stock. |
| 03/10/2027 | Fifth vesting date for 15,000 shares of restricted stock. |
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