Titan Intl SEC Filings

Salesforce, Inc. (CRM) has filed a Form 144 signaling the intended sale of 144,000 common shares through Merrill Lynch on the NYSE around 01 July 2025. At the reference price used in the filing, the transaction is valued at approximately $39.24 million. The seller—whose name and relationship to Salesforce are not disclosed—originally obtained the shares on 22 March 2019 via the exercise of a stock option and paid for them in cash on 22 March 2023. No additional Salesforce shares have been sold by this filer during the past three months. The proposed sale represents roughly 0.015 % of the company’s 956 million shares outstanding, suggesting minimal impact on overall float or control. The filing contains no indication of a Rule 10b5-1 trading plan, nor any remarks beyond the standard certification language.

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering $9.193 million of Contingent Income Auto-Callable Securities linked to the common stock of Amgen Inc. (AMGN). The notes are senior, unsecured obligations that mature on 29-Dec-2028 unless redeemed earlier. Each $1,000 security pays a quarterly contingent coupon of 2.625% (10.50% p.a.) when the closing price of AMGN on the relevant valuation date is at least 70 % of the initial share price ($279.11). Missed coupons may be fully ‘caught-up’ if the share price subsequently meets the threshold.

The notes may be automatically redeemed on any quarterly valuation date starting 26-Sep-2025 if AMGN closes at or above the initial share price. Holders then receive par plus the due coupon (including any unpaid coupons). If not redeemed, the principal repayment depends on AMGN’s final price:

• ≥ 70 % of initial: return of principal plus final coupon (and unpaid coupons).
• < 70 % of initial: principal is reduced 1-for-1 with the share decline, exposing investors to losses of up to 100 %.

Key economic terms include a downside threshold of $195.377, no exchange listing, CUSIP 17333LBW4, and a guaranteed but unsecured payment structure. The issue price is $1,000, while the estimated value is $971.50, reflecting structuring and distribution costs: an underwriting fee of $25, a $20 selling concession, and a $5 structuring fee to Morgan Stanley Wealth Management. Secondary market liquidity is expected to be limited and solely at Citigroup Global Markets Inc.’s discretion.

Risk highlights disclosed span full principal loss below threshold, contingent and non-cumulative coupons, early redemption limiting yield, issuer and guarantor credit risk, model-based valuation, potential conflicts in hedging, and complex U.S. tax treatment. The securities do not offer any participation in AMGN price appreciation or dividends. They are intended for sophisticated investors who can tolerate equity downside, credit exposure to Citigroup, and possible illiquidity.

Max Narancich, Chief Operating Officer of Carlstar at Titan International (TWI), reported insider trading activity on June 20, 2025. The transaction involved the disposition of 1,461 shares of common stock at a price of $9.325 per share through a tax withholding transaction (Code F) related to the vesting of restricted stock.

Following the transaction, Narancich holds 51,539 shares directly, including 47,000 restricted stock shares with the following vesting schedule:

• 11,666 shares vesting on March 10, 2026
• 6,000 shares vesting on June 20, 2026
• 11,667 shares vesting on March 10, 2027
• 6,000 shares vesting on June 20, 2027
• 11,667 shares vesting on March 10, 2028

This Form 4 filing represents a routine transaction where shares were withheld by the company to cover tax obligations from vesting restricted stock, rather than an open market sale by the insider.

Form 4 highlights for Titan International (TWI): VP & Chief Accounting Officer Anthony Eheli sold 25,000 common shares on 06/20/2025 under transaction code S (sale). The weighted-average price was $9.24, with individual trades executed between $9.14 and $9.33.

After the sale, Eheli’s direct beneficial ownership stands at 45,276 shares, of which 43,334 are unvested restricted shares scheduled to vest 14,166 on 03/10/2026, 6,667 on 03/14/2026, 14,167 on 03/10/2027, and 8,334 on 03/10/2028. No derivative securities were reported.

The disposal represents roughly one-third of Eheli’s pre-transaction stake and generated proceeds of about $231k. No 10b5-1 trading plan box is ticked, suggesting the sale was not executed under a pre-arranged plan. There are no indications of additional insider sales or purchases by other executives in this filing.

Titan International, Inc. (TWI) filed a Form 144 indicating a planned sale of 25,000 common shares through broker Merrill Lynch, 1630 S Lindbergh Blvd, Frontenac, MO 63131. The shares have an aggregate market value of $230,000, implying an estimated transaction price of roughly $9.20 per share. The proposed sale date is 20 June 2025 on the NASDAQ.

The securities were acquired on 10 March 2025 via a stock-option exercise for the same 25,000-share amount. No other sales by the reporting person have occurred in the past three months, and the filing affirms the signer’s lack of undisclosed adverse information about the issuer.

Given Titan’s reported 63,704,208 shares outstanding, the planned disposition represents approximately 0.04 % of total shares—a de-minimis level that is unlikely to affect liquidity or control. Form 144 filings signal intent rather than execution; actual sales may differ in timing or volume.

Investors typically monitor such notices for insight into insider sentiment, but the modest size relative to Titan’s float suggests limited market impact barring additional, larger disposals.

Anthony L. Soave, Director at Titan International, reported significant insider transactions on June 16, 2025. Key details include:

• Acquired 19,780 Restricted Stock Units (RSUs) at $0, which vest on the first anniversary of the grant date
• Currently holds 1,168,623 shares of common stock directly
• Maintains indirect ownership of 5,000 shares through Brambleton Investments LLC
• Holds three sets of stock options: - 20,000 shares at $6.995 (expires 6/7/2026) - 20,000 shares at $11.79 (expires 6/14/2027) - 20,000 shares at $11.845 (expires 6/13/2028)

This transaction represents a significant equity award to a board member, indicating continued alignment with shareholder interests. The director's total beneficial ownership, including direct holdings, indirect ownership, and outstanding options, demonstrates substantial investment in the company.

Maurice M. Taylor Jr., Director of Titan International (TWI), reported significant insider transactions on Form 4. On June 16, 2025, Taylor acquired 19,780 Restricted Stock Units (RSUs) at $0, which will vest one year from the grant date. Following this transaction, Taylor directly owns 652,631 shares of common stock.

The filing also discloses Taylor's existing derivative securities holdings, including:

• 29,200 stock options with exercise price of $11.79, exercisable from June 14, 2017 to June 14, 2027
• 20,000 stock options with exercise price of $11.845, exercisable from June 13, 2018 to June 13, 2028

This equity-based compensation grant demonstrates the company's continued commitment to aligning director interests with shareholders through long-term incentive awards.

Richard M. Cashin Jr., Director of Titan International (TWI), reported significant insider transactions on June 16, 2025. Key details include:

• Acquired 19,780 Restricted Stock Units (RSUs) at $0, which vest on the first anniversary of grant date
• Currently holds 226,320 shares directly and 452,809 shares indirectly through the Richard M. Cashin Jr 2017 GRAT
• Maintains existing stock options positions: - 20,000 options at $6.995 (expires 06/07/2026) - 20,000 options at $11.79 (expires 06/14/2027) - 20,000 options at $11.845 (expires 06/13/2028)

This RSU grant represents standard director compensation and demonstrates continued alignment between leadership and shareholder interests. Total beneficial ownership, including direct holdings, indirect holdings, and options, amounts to 739,129 shares.

Titan International Director Laura K Thompson reported a new acquisition of 9,890 Restricted Stock Units (RSUs) on June 16, 2025. The RSUs were granted at $0 cost and will vest on the first anniversary of the grant date.

Following this transaction, Thompson now beneficially owns a total of 47,015 shares of common stock directly. This grant appears to be part of the company's director compensation program.

Key Transaction Details:

• Transaction Type: RSU Grant (Code A)
• Vesting Schedule: One-year cliff vesting
• Ownership: Direct
• Role: Director