Form 4: Titan International SVP David A. Martin Reports Changes in Beneficial Ownership

David A. Martin, SVP & Chief Financial Officer of Titan International, reports acquisition and disposal of common stock due to tax withholding and vesting of restricted stock.

Summary

• David A. Martin, SVP & Chief Financial Officer of Titan International, filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
• On March 10, 2025, Mr. Martin disposed of 14,451 shares of common stock to satisfy tax withholding obligations related to the vesting of restricted stock at a price of $8.87 per share.
• On the same day, he acquired 45,000 shares of common stock through vesting.
• Following these transactions, Mr. Martin beneficially owns 259,154 shares of Titan International common stock, including 108,333 shares of restricted stock vesting over the next three years.

Sentiment

Score: 5

Explanation: Neutral sentiment as the filing reflects routine transactions related to executive compensation.

Positives

• The vesting of restricted stock indicates a long-term incentive for the executive.

Future Outlook

The reporting person will continue to receive shares of restricted stock through 2028.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates changes in the holdings of a key executive at Titan International.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect routine executive compensation adjustments.

Key Dates