Titan International (TWI) CFO has shares withheld to cover tax on vested stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Titan International SVP and CFO Anthony Eheli reported a routine tax-withholding share disposition. On this Form 4, 2,821 shares of common stock were withheld by the company at $7.74 per share to cover tax obligations tied to the vesting of restricted stock, not an open-market sale.
After this withholding, Eheli directly holds 76,424 shares of Titan International common stock. This includes 62,501 shares of restricted stock scheduled to vest in tranches on March 10 of 2027, 2028 and 2029, indicating a substantial ongoing equity stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Eheli Anthony
Role
SVP, Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common stock | 2,821 | $7.74 | $22K |
Holdings After Transaction:
Common stock — 76,424 shares (Direct)
Footnotes (1)
- Reflects shares of common stock withheld by the company to satisfy tax withholding obligations in connection with the vesting of restricted stock. Includes 62,501 shares of restricted stock which vest as follows: 27,500 on 3/10/27; 21,667 on 3/10/28; and 13,334 on 3/10/29.
FAQ
What insider transaction did Titan International (TWI) report for CFO Anthony Eheli?
Titan International reported that CFO Anthony Eheli had 2,821 shares of common stock withheld to cover tax obligations from restricted stock vesting. This was a tax-withholding disposition by the company, not an open-market purchase or sale of shares by the executive.
Was the Titan International (TWI) CFO’s Form 4 transaction a stock sale?
No, the Form 4 shows a tax-withholding disposition, not a market sale. The 2,821 Titan International shares were withheld by the company to satisfy tax withholding obligations arising from the vesting of restricted stock previously granted to CFO Anthony Eheli.
What restricted stock vesting schedule is disclosed for Titan International (TWI) CFO Anthony Eheli?
The filing states that 62,501 restricted shares are outstanding for CFO Anthony Eheli. These vest in three tranches: 27,500 shares on March 10, 2027; 21,667 shares on March 10, 2028; and 13,334 shares on March 10, 2029, subject to applicable conditions.
Does the Titan International (TWI) Form 4 indicate remaining derivative or option positions for the CFO?
The data provided shows no remaining derivative positions, such as stock options or similar instruments, in the derivative summary. The reported holdings consist of common stock, including significant restricted stock scheduled to vest in future years, representing his current equity exposure.