Titan International has a major shareholder group led by American Industrial Partners entities reporting beneficial ownership of 11,921,766 shares of common stock, representing 18.6% of the company, based on 63,951,494 shares outstanding as of October 23, 2025.
The amendment also notes that Carlstar entities have been renamed AIPCT Holdings LLC and AIPCT Intermediate Holdings I LLC, which directly holds the shares. On February 9, 2026, Mr. Marvin resigned from Titan International’s board and all committees, with the filing stating his resignation was not due to any disagreement over operations, policies or practices.
Titan International director Mark H. Rachesky, M.D. exercised stock options for 20,000 shares of Common Stock at an exercise price of $6.995 per share on February 9, 2026. Following this derivative exercise, he directly owned 257,468 shares of Titan International Common Stock.
The filing also notes 9,890 restricted stock units that are payable in an equal number of Common Shares and are scheduled to vest on June 16, 2026, reflecting additional equity-based compensation tied to future service or vesting conditions.
Donald Smith & Co., Inc. filed a Schedule 13G reporting beneficial ownership of 3,491,649 shares of Titan International Inc. common stock (CUSIP 88830M102) as of 12/31/2025, representing about 5.46% of the outstanding class.
The firm reports sole voting power over 3,363,498 shares and sole dispositive power over 3,464,618 shares, with an additional 27,031 shares held by DSCO Value Fund, L.P. The filing states the securities are held in the ordinary course of business and not for the purpose of changing or influencing control, and that no single client or other person holds more than 5% of the class through these arrangements.
BlackRock, Inc. reports a passive ownership stake in Titan International, Inc., holding 7,014,919 shares of common stock as of 12/31/2025. This represents 11.0% of the company’s outstanding common shares, making BlackRock a significant institutional holder.
BlackRock has sole voting power over 6,964,455 shares and sole dispositive power over 7,014,919 shares, with no shared voting or dispositive authority. The shares are held across certain BlackRock business units, and various underlying clients have rights to dividends or sale proceeds, but no single client accounts for more than five percent of Titan International’s total outstanding common stock. BlackRock certifies that the position is held in the ordinary course of business and not for the purpose of changing or influencing control of Titan International.
Titan International, Inc. (TWI) reported the initial beneficial ownership of one of its officers, who serves as Vice President and Chief Accounting Officer. The officer holds a total of 12,834 shares of common stock in a direct ownership capacity. This report gives investors a clearer picture of insider equity alignment with shareholders.
Of this amount, 12,334 shares are restricted stock that vest over time. These restricted shares are scheduled to vest in tranches: 4,000 shares on 3/10/2026, 2,334 shares on 3/14/2026, 4,000 shares on 3/10/2027, and 2,000 shares on 3/10/2028. The vesting schedule shows how a significant portion of the officer’s compensation is tied to the company’s long-term performance.
Titan International, Inc. announced several executive leadership changes. Effective December 4, 2025, longtime Chief Financial Officer David A. Martin, age 58, moves into a new role as Senior Vice President and Chief Transformation Officer, leading company-wide initiatives in strategic alignment, operational agility, AI adoption, human capital, and risk management.
Anthony C. Eheli, age 48, previously Vice President and Chief Accounting Officer, is promoted to Senior Vice President and Chief Financial Officer, taking responsibility for Titan’s overall financial leadership. James M. Pach, age 45, formerly Corporate Controller, is appointed Vice President and Chief Accounting Officer, continuing his work in financial compliance, reporting, and internal controls.
The Board set base salaries at $436,000 for Mr. Martin, $370,000 for Mr. Eheli, and $275,000 for Mr. Pach, with eligibility for annual cash incentives and equity awards at the Compensation Committee’s discretion. The company stated there are no disclosable related-party relationships involving these executives.
Titan International, Inc. (TWI) announced it issued a press release reporting its third quarter 2025 financial results. The company disclosed this via an 8-K, noting the release is included as Exhibit 99 dated November 6, 2025.
The 8-K itself highlights the availability of the results through the accompanying press release. Investors can review the full details, including metrics and commentary, in the furnished exhibit.
Titan International (TWI) reported Q3 2025 results showing steady revenue and a narrower loss. Net sales were $466.5 million versus $448.0 million a year ago. Gross profit rose to $70.9 million from $58.8 million, and income from operations improved to $9.7 million from $2.8 million. The company recorded a net loss of $2.5 million, or $0.04 per share, compared with a $18.2 million loss, or $0.25 per share, in Q3 2024.
By segment, Q3 net sales were $188.7 million in Agriculture, $145.4 million in Earthmoving/Construction, and $132.4 million in Consumer. For the nine months, sales were $1.418 billion versus $1.462 billion last year, with a net loss of $6.0 million compared with a $4.8 million loss.
Liquidity remained solid. Cash and cash equivalents were $205.4 million and total debt principal was $580.5 million as of September 30, 2025, including $400.0 million of 7.00% senior secured notes due 2028 and $149.0 million drawn on the $225.0 million revolver. Availability under the revolver was $57.6 million at quarter end. Operating cash flow for the nine months was $17.2 million. Shares outstanding were 63,951,494 as of October 23, 2025.
Dimensional Fund Advisors LP filed a Schedule 13G reporting beneficial ownership of 3,238,348 shares of Titan International Inc. That holding represents 5.1% of the outstanding common stock and includes 3,148,855 shares over which Dimensional reports sole voting power and 3,238,348 shares over which it reports sole dispositive power.
The filing clarifies these shares are owned by mutual funds, commingled funds, group trusts or separate accounts managed or sub‑advised by Dimensional; Dimensional disclaims beneficial ownership and states the shares are held in the ordinary course of business and not to influence control of the issuer.
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.