Form 4: Titan Machinery CEO Bryan Knutson Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Bryan Knutson, CEO of Titan Machinery Inc., filed a Form 4 disclosing the acquisition and disposal of common stock on June 3, 2024.
Summary
- On June 5, 2024, a Form 4 filing was submitted to the SEC by Bryan J. Knutson, the Chief Executive Officer of Titan Machinery Inc.
- The filing reports changes in beneficial ownership of Titan Machinery Inc. common stock.
- On June 3, 2024, Knutson acquired 31,593 shares of common stock and disposed of 114,577 shares.
- Following these transactions, Knutson beneficially owns 114,577 shares of Titan Machinery Inc.
- A Limited Power of Attorney was executed on May 21, 2024, granting Steven Noack, Dawn Doyel, and Kim Dong the authority to file Section 16 reports on Knutson's behalf.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting changes in beneficial ownership, which is neutral in sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company.
Stakeholder Impact
- Shareholders are informed about the transactions of company insiders, providing transparency.
Key Dates
| Date | Description |
|---|---|
| 2024-05-21 | Date of execution of Limited Power of Attorney. |
| 2024-06-03 | Date of transaction involving acquisition and disposal of common stock. |
| 2024-06-05 | Date of Form 4 filing. |
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