Form 4: Titan International VP Anthony Eheli Reports Stock Transactions

Anthony Eheli, VP and Chief Accounting Officer of Titan International, reports the acquisition and disposal of company stock to cover tax obligations related to vesting restricted stock.

Summary

• On March 25, 2024, Anthony Eheli, VP and Chief Accounting Officer of Titan International, engaged in transactions involving the company's common stock.
• 1,675 shares were withheld by the company to cover tax obligations related to the vesting of restricted stock at a price of $12.39.
• Additionally, 2,500 shares were sold at a weighted average price of $12.42 to satisfy income tax obligations from previously vested restricted stock, with prices ranging from $12.38 to $12.52.
• Following these transactions, Eheli directly owns 52,918 shares of Titan International common stock, which includes 37,500 shares of restricted stock vesting in installments between March 2025 and March 2027.

Sentiment

Score: 5

Explanation: The document reflects standard executive stock transactions, indicating a neutral sentiment.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they relate to executive compensation and tax obligations.

Key Dates