Form 4: Titan Machinery CFO Robert Larsen Reports Stock Transactions
SEC Form 4 Filing
Robert Larsen, CFO of Titan Machinery Inc., reported the acquisition and disposal of common stock on April 1, 2024, according to a Form 4 filing with the SEC.
Summary
- On April 1, 2024, Robert Larsen, the Chief Financial Officer of Titan Machinery Inc., engaged in transactions involving the company's common stock.
- Larsen acquired 417 shares of common stock at a price of $24 per share.
- Simultaneously, 1,238 shares were disposed of at $24, which were withheld by Titan Machinery Inc. for the payment of withholding taxes due upon the vesting of shares of Restricted Stock on April 1, 2024.
- Following these transactions, Larsen beneficially owns 16,132 shares of Titan Machinery Inc. common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reflects routine stock transactions related to executive compensation and tax obligations.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common for publicly traded companies. It provides transparency into the transactions of company executives.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of stock transactions (acquisition and disposal). |
| 04/03/2024 | Date of signature on the Form 4 filing. |
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