TITAN INTERNATIONAL INC·4

Mar 12, 5:57 PM ET

Eheli Anthony 4

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TITAN (TWI) CFO Eheli Anthony Receives 40,000-Share Award

What Happened
Eheli Anthony, Chief Financial Officer of Titan International (TWI), was granted a 40,000-share restricted stock award on 2026-03-10 (acquired at $0.00). To satisfy tax withholding obligations connected with vesting, 6,031 of his shares were withheld/disposed at $8.54 each, a withholding value of $51,505. The grant is an award (not a market purchase); the withholding is a routine tax-related disposition.

Key Details

  • Transaction dates: Grant and withholding occurred on 2026-03-10; Form 4 filed 2026-03-12 (timely filing).
  • Grant: 40,000 shares @ $0.00 (award).
  • Tax withholding/disposition: 6,031 shares @ $8.54, total $51,505 (code F — shares withheld to cover taxes).
  • Shares owned after transaction: Not disclosed in the provided filing excerpt.
  • Footnotes:
    • F1: Confirms shares were withheld by the company to satisfy tax withholding on vesting.
    • F2: Notes inclusion of 69,168 restricted shares that vest in tranches (6,667 on 3/14/26; 27,500 on 3/10/27; 21,667 on 3/10/28; 13,334 on 3/10/29).

Context
This filing reports a compensation-related award (restricted stock) and a routine tax-withholding disposition, not an open-market sale or purchase. Such awards are common as executive compensation and the withheld shares are a standard mechanism to cover tax liabilities.