Global X (TITN) discloses 2.24M shares, 9.59% stake in Titan Machinery

Rhea-AI Filing Summary

Titan Machinery Inc. Schedule 13G/A: Global X Management Company LLC reports beneficial ownership of 2,240,134 shares of common stock, representing 9.59% of the class. The amendment is signed by Ryan O'Connor and dated 05/15/2026.

The filing notes that certain investment companies managed by GXMC, including Global X U.S. Infrastructure Development ETF, hold the reported interest. The disclosed voting and dispositive power is solely held by GXMC for the stated shares.

Insights

Institutional Ownership Analyst

Large passive position reported: GXMC holds 9.59% of Titan Machinery common stock.

The filing shows 2,240,134 shares beneficially owned with sole voting and dispositive power reported by Global X Management Company LLC. The Schedule 13G/A format indicates an institutional investor disclosure rather than an activist intent.

Cash‑flow treatment and disposition plans are not disclosed in the excerpt; subsequent filings would show changes in holdings.

Compliance / SEC Reporting Specialist

Amendment clarifies ownership and identifies underlying fund.

The amendment incorporates cover-page details and explicitly identifies that certain managed investment companies (including Global X U.S. Infrastructure Development ETF) have the right to receive dividends or sale proceeds relating to the reported shares.

This is a routine beneficial‑ownership disclosure under Schedule 13G/A; the filing lists sole voting and dispositive power of 2,240,134 shares.

Key Figures

Filing type: Schedule 13G/A (Amendment No. 1) Shares beneficially owned: 2,240,134 shares Percent of class: 9.59% +3 more

6 metrics

Filing type Schedule 13G/A (Amendment No. 1) beneficial ownership disclosure

Shares beneficially owned 2,240,134 shares reported by Global X Management Company LLC

Percent of class 9.59% percent of Titan Machinery common stock

Voting power Sole voting power: 2,240,134 sole power to vote or direct vote

Dispositive power Sole dispositive power: 2,240,134 sole power to dispose or direct disposition

Signature date 05/15/2026 signed by Ryan O'Connor

Key Terms

Schedule 13G/A, beneficially owned, sole dispositive power

3 terms

Schedule 13G/A regulatory

"Amendment No. 1 ) Titan Machinery Inc. Common Stock"

A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.

beneficially owned regulatory

"Amount beneficially owned: The information in items 1 and 5 through 11"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

sole dispositive power regulatory

"Sole Dispositive Power 2,240,134.00"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/15/2026 - 09:57 PM Learn about SEC filing dates

FAQ

What stake does Global X Management hold in Titan Machinery (TITN)?

Global X Management reports beneficial ownership of 2,240,134 shares, equal to 9.59% of Titan Machinery's common stock as stated in the amendment.

Which Global X fund is linked to the Titan Machinery holding?

The filing identifies the Global X U.S. Infrastructure Development ETF as having an interest that relates to more than 5% of the class, according to the Schedule 13G/A amendment.

Does Global X report voting or dispositive power over the shares?

Yes; the amendment states GXMC has sole voting power and sole dispositive power over 2,240,134 shares of Titan Machinery common stock.

When was this Schedule 13G/A signed and who signed it?

The amendment is signed by Ryan O'Connor, Chief Executive Officer, with the signature dated 05/15/2026 in the filing excerpt.

Is this filing an indication of activist intentions by Global X?

The form type is a Schedule 13G/A, which typically reports passive institutional ownership; the amendment does not state any activist intent or plans to change control.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

Titan Machinery Inc.

(Name of Issuer)

Common Stock, $0.00001 par value per share

(Title of Class of Securities)

88830R101

(CUSIP Number)

03/31/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 88830R101

1

Names of Reporting Persons

Global X Management CO LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 2,240,134.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 2,240,134.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,240,134.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

9.59 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Titan Machinery Inc.
(b)	Address of issuer's principal executive offices: 644 East Beaton Drive, West Fargo, North Dakota, 58078
Item 2.
(a)	Name of person filing: Global X Management Company LLC ("GXMC")
(b)	Address or principal business office or, if none, residence: 605 3rd Avenue, 43rd Floor New York, NY 10158
(c)	Citizenship: Delaware
(d)	Title of class of securities: Common Stock, $0.00001 par value per share
(e)	CUSIP No.: 88830R101
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: The information in items 1 and 5 through 11 on the cover pages (p. 2) on Schedule 13G is hereby incorporated by reference.
(b)	Percent of class: 9.59 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 2,240,134
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 2,240,134
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. Certain investment companies registered under Section 8 of the Investment Company Act of 1940 managed by GXMC have the right to receive any dividends from, or the proceeds from the sale of, the securities reported herein. Such interest of Global X U.S. Infrastructure Development ETF relates to more than 5 percent of the class of securities reported herein.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Global X Management CO LLC

Signature:	/s/ Ryan O'Connor
Name/Title:	Ryan O'Connor, Chief Executive Officer
Date:	05/15/2026