Titan International VP has shares withheld for taxes
Titan International Vice President and Chief Accounting Officer James M. Pach reported a routine tax-related share disposition.
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Rhea-AI Filing Summary
Titan International Vice President and Chief Accounting Officer James M. Pach reported a routine tax-related share disposition. The company withheld 1,111 shares of common stock at $7.74 per share to satisfy tax obligations tied to vesting restricted stock. After this withholding, Pach directly holds 29,819 common shares. Footnotes state that his holdings include 26,000 restricted shares scheduled to vest in tranches on March 10, 2027, March 10, 2028, and March 10, 2029, indicating a continuing long-term equity position.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common stock | 1,111 | $7.74 | $9K |
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 26,000 shares of restricted stock which vest as follows: 10,666 on 3/10/27; 8,667 on 3/10/28; and 6,667 on 3/10/29.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Titan International (TWI) report for James M. Pach?
Was the Titan International (TWI) Form 4 transaction an open-market sale?
What restricted stock vesting schedule is disclosed for Titan International (TWI) executive James M. Pach?
Does the Titan International (TWI) Form 4 indicate any remaining derivative securities for James M. Pach?
AI-generated analysis. How Rhea-AI works. Not financial advice.