TWI Insider Purchase: Max Narancich Adds 3,500 Shares

Rhea-AI Filing Summary

Max R. Narancich, a reporting person associated with Titan International, Inc. (TWI), reported a purchase of 3,500 shares of Titan common stock on 08/14/2025 at a price of $8.5591 per share. After the transaction the reporting person beneficially owned 55,039 shares, held directly. The Form 4 was signed on 08/21/2025. No derivative securities were reported and no amendments were noted.

Positive

• Insider purchase reported (3,500 shares), indicating alignment between management and shareholders
• Clear, timely disclosure with signature dated 08/21/2025 and a specified transaction date of 08/14/2025

Negative

• None.

Insights

Financial Analyst

TL;DR: Insider purchased 3,500 shares at $8.5591, modestly increasing direct ownership to 55,039 shares.

The reported purchase is a straightforward open-market acquisition recorded under code P. The transaction size (3,500 shares) is small relative to typical institutional positions and no derivatives or dispositions accompany the filing. This disclosure confirms insider ownership increased and aligns the reporting person with shareholder interests, but the filing itself does not present material financial impact or change in control.

Corporate Governance Expert

TL;DR: Routine insider buy disclosed; strengthens insider alignment without signalling material corporate governance change.

The Form 4 cleanly reports a direct purchase and current beneficial ownership totaling 55,039 shares. The filing includes the reporting person’s title reference (COO, Carlstar) and contains no caveats or 10b5-1 plan indication. From a governance perspective, this is a standard disclosure that increases transparency but does not itself imply a shift in governance or control.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

NARANCICH MAX

(Last) (First) (Middle)

1525 KAUTZ ROAD, SUITE 600

(Street)

WEST CHICAGO IL 60185

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
TITAN INTERNATIONAL INC [ TWI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	COO, Carlstar

3. Date of Earliest Transaction (Month/Day/Year)
08/14/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common stock	08/14/2025		P		3,500	A	$8.5591	55,039	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

	/s/ Max R. Narancich	08/21/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did the Titan International (TWI) Form 4 report?

The Form 4 reports a purchase of 3,500 common shares on 08/14/2025 at $8.5591 per share.

How many Titan (TWI) shares does the reporting person own after the transaction?

The reporting person beneficially owned 55,039 shares following the reported transaction.

Was the purchase of Titan (TWI) shares executed via options or other derivatives?

No. The filing shows no derivative securities reported in Table II; only a direct common stock purchase is recorded.

Who filed the Form 4 for Titan (TWI)?

The Form 4 was filed by Max R. Narancich and signed on 08/21/2025.

Does the Form 4 indicate a 10b5-1 trading plan or amendment?

The Form 4 does not indicate that the transaction was made pursuant to a 10b5-1 plan and no amendments are shown.