Titan International SVP has shares withheld for taxes
Titan International senior vice president and chief technology officer David A. Martin reported a routine tax-related share disposition.
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Rhea-AI Filing Summary
Titan International senior vice president and chief technology officer David A. Martin reported a routine tax-related share disposition. The company withheld 6,226 shares of common stock at $7.74 per share to cover tax obligations from vesting restricted stock. After this withholding, Martin directly holds 307,188 shares, including 85,000 restricted shares scheduled to vest in tranches through 2029.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common stock | 6,226 | $7.74 | $48K |
Footnotes (2)
- F1. Reflects shares of common stock withheld by the company to satisfy tax withholding obligations in connection with the vesting of restricted stock.
- F2. Includes 85,000 shares of restricted stock which vest as follows: 43,333 on 3/10/2027; 28,333 on 3/10/2028; and 13,334 on 3/10/2029.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Titan International (TWI) report for David A. Martin?
Was the Titan International (TWI) Form 4 a stock sale by the executive?
What restricted stock vesting schedule is disclosed for Titan International (TWI) SVP David A. Martin?
Does the Titan International (TWI) Form 4 indicate any option exercises for David A. Martin?
AI-generated analysis. How Rhea-AI works. Not financial advice.