RACHESKY MARK H MD 4

What Happened

• Mark H. Rachesky, a Director of Titan International (TWI), reported two derivative transactions on 2026-02-09. He exercised stock options to acquire 20,000 common shares at $7.00 per share for a reported total of $139,900 (F2). The filing also shows a related disposition/conversion of 20,000 derivative shares at $0.00 (reported as a derivative transaction) (F1).

Key Details

• Transaction date: 2026-02-09.
• Exercise: 20,000 shares acquired at $7.00 each (total reported $139,900) — transaction coded M (option exercise).
• Disposition/conversion: 20,000 derivative shares reported at $0.00 (transaction coded M; described in footnote F1 as restricted stock units).
• Shares owned after the transactions: not specified in the provided data.
• Footnotes: F2 = exercise of stock options under the issuer’s incentive compensation plan; F1 = restricted stock units payable upon vesting, scheduled to vest on June 16, 2026.
• Filing timeliness: no late filing indicated in the provided information.

Context

• The filing indicates an option exercise (acquisition) and a derivative conversion/disposition; it does not show any immediate open-market sale of the newly acquired shares. For retail investors, option exercises are common insider activities and do not by themselves signal a change in company outlook. The RSUs noted (F1) are scheduled to vest on June 16, 2026 and are reported as derivatives until converted to common stock.