Titan International Director Shows Confidence with Major Stock Grant Worth $233K
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
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.
Positive
- Director Maurice M. Taylor Jr. received 19,780 Restricted Stock Units (RSUs) as part of board compensation, demonstrating alignment with shareholder interests
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
TAYLOR MAURICE M JR
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock | 19,780 | $0.00 | -- |
| holding | Stock options | -- | -- | -- |
| holding | Stock options | -- | -- | -- |
Holdings After Transaction:
Common stock — 652,631 shares (Direct);
Stock options — 29,200 shares (Direct)
Footnotes (1)
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FAQ
What is Maurice Taylor Jr.'s total TWI stock ownership after the June 2025 transaction?
Following the reported transaction, Maurice Taylor Jr. directly owns 652,631 shares of TWI common stock. Additionally, he holds stock options for 49,200 shares (29,200 at $11.79 and 20,000 at $11.845).
What stock options does Maurice Taylor Jr. hold in TWI?
Maurice Taylor Jr. holds two sets of TWI stock options: 29,200 options at an exercise price of $11.79 (expiring June 14, 2027) and 20,000 options at an exercise price of $11.845 (expiring June 13, 2028).
What is Maurice Taylor Jr.'s role at TWI according to the Form 4?
According to the Form 4 filing, Maurice Taylor Jr. serves as a Director of Titan International Inc. (TWI). This is indicated by the 'X' marked in the Director box under the Relationship of Reporting Person(s) to Issuer section.
When will the TWI restricted stock units granted to Maurice Taylor Jr. vest?
According to the filing's explanatory notes, the 19,780 Restricted Stock Units granted to Maurice Taylor Jr. will vest on the first anniversary of the grant date, which would be June 16, 2026.