Director at Titan International (NYSE: TWI) granted new RSU award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Titan International director Richard M. Cashin Jr. received a grant of 24,725 shares of common stock at no cost, reported as a compensation-related award. These are Restricted Stock Units that vest on the first anniversary of the grant date.
Following the award, he directly holds 251,045 shares of Titan International common stock and indirectly holds 176,461 shares through the Richard M. Cashin Jr 2017 GRAT. He also holds stock options over 20,000 shares at an exercise price of $11.8450 expiring in 2028 and options over another 20,000 shares at $11.7900 expiring in 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
CASHIN RICHARD M JR
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock | 24,725 | $0.00 | -- |
| holding | Stock options | -- | -- | -- |
| holding | Stock options | -- | -- | -- |
| holding | Common stock | -- | -- | -- |
Holdings After Transaction:
Common stock — 251,045 shares (Direct, null);
Stock options — 20,000 shares (Direct, null);
Common stock — 176,461 shares (Indirect, By the Richard M. Cashin Jr 2017 GRAT)
Footnotes (1)
- [object Object]
Key Figures
RSU grant: 24,725 shares at $0.00
Direct common holdings: 251,045 shares
Indirect common holdings: 176,461 shares
+2 more
5 metrics
RSU grant
24,725 shares at $0.00
Common stock award on 2026-06-23
Direct common holdings
251,045 shares
Common stock held directly after award
Indirect common holdings
176,461 shares
Held by the Richard M. Cashin Jr 2017 GRAT
Stock options 2028
20,000 shares at $11.8450
Options expiring 2028-06-13
Stock options 2027
20,000 shares at $11.7900
Options expiring 2027-06-14
Key Terms
Restricted Stock Units, Grant, award, or other acquisition, Stock options, GRAT
4 terms
Restricted Stock Units financial
"Represents Restricted Stock Units which vest on the first anniversary"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Stock options financial
"security_title: Stock options with underlying common stock"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
GRAT financial
"By the Richard M. Cashin Jr 2017 GRAT as nature of ownership"
FAQ
What did Titan International (TWI) director Richard M. Cashin Jr acquire in this Form 4?
Richard M. Cashin Jr received a grant of 24,725 shares of Titan International common stock as Restricted Stock Units. The award was reported at a price of $0.00 per share and represents compensation rather than an open-market purchase or sale.
How do the new Restricted Stock Units for Titan International (TWI) vest?
The 24,725 Titan International Restricted Stock Units vest on the first anniversary of the grant date. This means the director must remain in service through that one-year period to receive the underlying common shares, aligning the award with continued tenure.