Titan Machinery (TITN) CFO has 6,143 shares withheld for taxes on vesting
Rhea-AI Filing Summary
Titan Machinery Inc. Chief Financial Officer Robert Larsen reported a tax-related share disposition. On April 1, 2026, 6,143 shares of common stock were withheld at $17.35 per share to cover withholding taxes due upon the vesting of Restricted Stock. After this non-market transaction, he directly holds 55,498 shares of Titan Machinery common stock.
Positive
- None.
Negative
- None.
Insights
CFO’s Form 4 shows routine tax withholding on vested stock, not an open-market sale.
The filing shows Titan Machinery’s CFO Robert Larsen had 6,143 common shares withheld at $17.35 per share to pay taxes on vesting Restricted Stock. This is coded as a tax-withholding disposition rather than a discretionary sale, indicating a mechanical step in equity compensation.
Following the transaction, Larsen directly holds 55,498 common shares, so the withheld amount is small relative to his remaining stake. Because the event is compensation-driven and non-market, it typically carries limited signaling value about his view of Titan Machinery’s prospects.
Insider Trade Summary
Net Seller: 6,143 shares
Net Sell
1 txn
Insider
Larsen Robert
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 6,143 | $17.35 | $107K |
Holdings After Transaction:
Common Stock — 55,498 shares (Direct)
Footnotes (1)
- F1. Represents shares withheld by Titan Machinery Inc. for the payment of withholding taxes due upon the vesting of shares of Restricted Stock on April 1, 2026.
Key Figures
Shares withheld for taxes: 6,143 shares
Withholding share price: $17.35 per share
Shares held after transaction: 55,498 shares
3 metrics
Shares withheld for taxes
6,143 shares
Withheld to cover taxes on Restricted Stock vesting April 1, 2026
Withholding share price
$17.35 per share
Value used for 6,143 withheld common shares
Shares held after transaction
55,498 shares
CFO’s direct common stock holdings following tax-withholding disposition
Key Terms
Restricted Stock, withholding taxes, tax-withholding disposition, Form 4
4 terms
Restricted Stock financial
"due upon the vesting of shares of Restricted Stock on April 1, 2026"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
withholding taxes financial
"shares withheld by Titan Machinery Inc. for the payment of withholding taxes due"
Withholding taxes are amounts a payer or government takes out of payments — such as wages, interest, or dividends — before the recipient gets the money, functioning like a cashier keeping part of a bill to pay taxes on your behalf. For investors this matters because it reduces the cash they actually receive, affects net returns and yield calculations, and may require additional paperwork or treaty claims to recover or offset the withheld amount against final tax bills.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Titan Machinery (TITN) CFO Robert Larsen report in this Form 4?
Robert Larsen reported a tax-related share disposition. Titan Machinery withheld 6,143 common shares at $17.35 each to cover withholding taxes owed when his Restricted Stock vested on April 1, 2026. This was not an open-market sale.
Was the Titan Machinery (TITN) CFO’s Form 4 transaction an open-market stock sale?
No, the transaction was not an open-market sale. The 6,143 shares were withheld by Titan Machinery to pay withholding taxes on vested Restricted Stock, described as a tax-withholding disposition, a routine equity compensation event rather than a discretionary trade.
What does transaction code F mean in the Titan Machinery (TITN) Form 4?
Transaction code F on this Form 4 indicates payment of an exercise price or tax liability by delivering securities. Here, it reflects 6,143 Titan Machinery shares withheld at $17.35 each to satisfy withholding taxes due upon the vesting of Restricted Stock.
What role does Restricted Stock play in the Titan Machinery (TITN) CFO transaction?
The transaction stems from Restricted Stock vesting. When the CFO’s Restricted Stock vested on April 1, 2026, Titan Machinery withheld 6,143 shares of common stock to cover related withholding taxes, which triggered the Form 4 tax-withholding disposition report.
AI-generated analysis. How Rhea-AI works. Not financial advice.
