Reitz Paul G 4

What Happened
Paul G. Reitz, President & CEO of Titan International (TWI), was granted 80,000 shares of restricted common stock on 2026-03-10 (reported on Form 4 filed 2026-03-12). Simultaneously, 23,654 shares were withheld by the company to satisfy tax-withholding obligations at an indicated value of $8.54 per share, totaling $202,005. The award was reported as an acquisition at $0.00 (restricted stock grant).

Key Details

• Transaction date: 2026-03-10; Form 4 filed: 2026-03-12 (appears timely — within two business days).
• Grant: 80,000 shares acquired (code A) at $0.00.
• Tax withholding: 23,654 shares withheld/disposed (code F) at $8.54 per share = $202,005.
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 — shares withheld to satisfy tax withholding on vesting; F2 — filing references 190,001 restricted shares in total with vesting schedule (30,000 on 3/14/2026; 80,000 on 3/10/2027; 53,334 on 3/10/2028; 26,667 on 3/10/2029).

Context
This was a restricted stock grant and a routine tax-withholding disposition (cashless withholding), not an open-market sale or purchase. Tax-withholding disposals are common when restricted shares vest and do not necessarily signal a change in insider sentiment. The filing shows continued use of time-based restricted stock awards to compensate the CEO.