Eheli Anthony 4
Research Summary
AI-generated summary
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.