Pach James M 4
Research Summary
AI-generated summary
Titan International (TWI) VP James M. Pach Receives 20,000-Share Award
What Happened
James M. Pach, Vice President and Chief Accounting Officer of Titan International, was granted 20,000 shares of restricted common stock on March 10, 2026 (reported on Form 4 filed March 12, 2026). The award is recorded at $0.00 per share (code A). To satisfy tax withholding on vested shares, the company withheld 1,904 shares (code F) at $8.54 per share, a withholding value of $16,260 (reported as a disposition).
Key Details
- Transaction date: March 10, 2026; Form 4 filed March 12, 2026 (filed within the typical 2‑business‑day window).
- Awarded: 20,000 restricted shares (A) at $0.00 per share.
- Tax withholding: 1,904 shares withheld (F) at $8.54/share = $16,260. This withholding was used to satisfy tax obligations, not an open‑market sale.
- Shares owned after transaction: Not specified in the filing.
- Footnotes: F1 — company withheld shares to satisfy tax withholding on vesting; F2 — filing notes 28,334 restricted shares subject to a vesting schedule (2,334 on 3/14/26; 10,666 on 3/10/27; 8,667 on 3/10/28; 6,667 on 3/10/29).
Context
This was a compensation grant of restricted stock (common for executives) and routine tax withholding; it is not an open‑market purchase or sale that signals a trading opinion. For retail investors, outright purchases by insiders can be more indicative of confidence than compensation grants, while withholding to cover taxes is a standard administrative action.