Martin David A 4

What Happened

• Martin David A, SVP & CTO of Titan International (TWI), reported a disposition of 6,226 shares on 2026-03-14. The shares were reported as disposed at $7.74 per share, for a total value of approximately $48,189.
• This disposal was to satisfy tax withholding obligations tied to the vesting of restricted stock (transaction code F), not an open-market sale.

Key Details

• Transaction date and price: 2026-03-14 at $7.74 per share.
• Total shares disposed: 6,226; total value ≈ $48,189.
• Shares owned after transaction: not specified in the summary provided.
• Footnote F1: Shares were withheld by the company to satisfy tax withholding on vested restricted stock (cashless withholding).
• Footnote F2: The filing notes the insider holds 85,000 restricted shares that vest on 3/10/2027 (43,333), 3/10/2028 (28,333) and 3/10/2029 (13,334).
• Filing timeliness: Transaction reported on Form 4 filed 2026-03-16 for a 2026-03-14 transaction — appears to be filed within the standard Form 4 window (timely).

Context

• Tax-withholding dispositions (code F) are routine administrative actions when restricted stock vests; they are not the same as a voluntary sale and generally do not signal a change in insider conviction.
• For retail investors, purchases and open-market sales typically convey more actionable information than tax-withholding disposals.