Form 4: Titan Machinery CEO Bryan Knutson Reports Share Withholding for Tax Obligations
SEC Form 4 Filing
Bryan Knutson, CEO of Titan Machinery Inc., reports the withholding of shares to cover tax obligations upon the vesting of restricted stock.
Summary
- On April 1, 2025, Bryan J. Knutson, CEO of Titan Machinery Inc., had 8,498 shares of common stock withheld by the company to cover withholding taxes due upon the vesting of restricted stock.
- The price per share for the withholding was $16.96.
- Following the transaction, Knutson directly owns 106,079 shares of Titan Machinery Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding share withholding for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider transactions, allowing investors to stay informed about the actions of company executives and directors.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of the transaction (share withholding for tax obligations). |
| 04/03/2025 | Date of the report filing. |
Keywords
Form 4, Titan Machinery Inc., Bryan Knutson, Share Withholding, Tax Obligations, Restricted Stock, Beneficial Ownership, TITN
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