CASHIN RICHARD M JR 4
Research Summary
AI-generated summary
Titan International (TWI) Director Richard M. Cashin Jr. Receives RSU Award
What Happened
- Richard M. Cashin Jr., a director of Titan International, was granted 24,725 restricted stock units (transaction code A) on June 23, 2026. The award is reported at $0.00 per share on the Form 4 (compensatory grant), resulting in a reported acquisition amount of $0. This is an equity award rather than an open-market purchase or a sale.
Key Details
- Transaction date: 2026-06-23 (reported on Form 4 filed 2026-06-25)
- Transaction type/code: Grant/award (A)
- Shares/units granted: 24,725 RSUs
- Price: $0.00 per share (compensatory grant; total reported acquisition $0)
- Shares owned after transaction: Not specified in the provided filing excerpt
- Footnote: The RSUs vest on the first anniversary of the grant date (per filing)
- Timeliness: Form 4 filed on 2026-06-25 for a 6/23/2026 transaction — appears timely (Form 4s are generally due within two business days)
Context
- These RSUs are a compensation award that will convert to shares if and when they vest (one year after grant); they do not represent an immediate cash purchase or sale. Grants are common for executives and directors and reflect compensation practices rather than a direct signal to buy or sell the stock.