TAYLOR MAURICE M JR 4
Research Summary
AI-generated summary
TITAN (TWI) Director Maurice M. Taylor Jr. Receives RSU Award
What Happened
- Maurice M. Taylor Jr., a director of Titan International, received an award of 24,725 shares classified as an acquisition (code A) on June 23, 2026. The award price is shown as $0.00 because these are restricted stock units (RSUs) rather than an open-market purchase. The filing shows no immediate cash value realized at grant.
Key Details
- Transaction date: 2026-06-23; Filing date (Form 4): 2026-06-25 (appears timely).
- Shares/units granted: 24,725 RSUs at $0.00 per share (award/grant).
- Shares owned after transaction: not specified in the provided filing details.
- Footnote: RSUs vest on the first anniversary of the grant date (per footnote F1).
- No 10b5-1 plan, tax withholding, or sale noted in the filing; no immediate proceeds.
Context
- This is a grant of RSUs (an award), not a market purchase or sale — it does not indicate an immediate buy/sell market signal. The recipient will take ownership (and potentially taxable income) when the RSUs vest in one year, unless other plan terms apply.