AIPCT Holdings LLC 4
4 · TITAN INTERNATIONAL INC · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
Titan International (TWI) 10% Holder AIPCT Holdings Sells 3.04M Shares
What Happened
AIPCT Holdings LLC (reported as a 10% owner) sold 3,041,288 shares of Titan International, Inc. (TWI) on March 4, 2026 at $8.95 per share, for total proceeds of $27,219,528. The filing indicates the sale was an "open market or private sale" (transaction code S). Sales by large holders are often routine portfolio transactions rather than bullish signals.
Key Details
- Transaction date: 2026-03-04; Price: $8.95 per share; Shares sold: 3,041,288; Total value: $27,219,528.
- Filing date: 2026-03-06 — appears timely (filed within the SEC’s two-business-day window).
- Shares owned after transaction: not specified in the provided Form 4 data.
- Reporting persons: filing submitted by AIPCT Intermediate Holdings I LLC and AIPCT Holdings LLC (Holdings is sole manager of Intermediate).
- Additional entities (AIPCF V funds and related general partners) will be added as reporting persons once EDGAR accounts are reactivated (per footnote).
- Footnotes note that actions regarding these shares require a unanimous vote of three directors of AIPCF V (Cayman), Ltd.; those directors may share voting/dispositive power but disclaim beneficial ownership except to the extent of any pecuniary interest. The Reporting Persons disclaim status as a "group" under Rule 13d-5.
Context
- This is an institutional/10%‑owner sale, not an executive-level trade; such disposals can reflect portfolio management or liquidity needs rather than a view on company fundamentals.
- The method of sale is ambiguous in the filing ("open market or private sale"), so execution details are unclear.
- No options exercised, awards, gifts, or tax-withholding transactions are reported in this filing.
Insider Transaction Report
Form 4
AIPCT Holdings LLC
10% Owner
Transactions
- Sale
Common Stock
[F1][F2][F3][F4]2026-03-04$8.95/sh−3,041,288$27,219,528→ 8,880,478 total(indirect: See footnote)
Footnotes (4)
- [F1]This statement is being filed by AIPCT Intermediate Holdings I LLC (f/k/a Carlstar Intermediate Holdings I LLC) ("Intermediate") and AIPCT Holdings LLC (f/k/a Carlstar Holdings LLC) ("Holdings" and, together with Intermediate, the "Reporting Persons") to report shares of common stock held directly by Intermediate. Holdings is the sole manager of Intermediate.
- [F2]Each of (i) AIPCF V AIV C, LP, the indirect majority owner of Holdings, (ii) AIPCF V (Cayman), L.P., the general partner of AIPCF V AIV C, LP, and (iii) AIPCF V (Cayman), Ltd., the general partner of AIPCF V (Cayman), L.P., will be added as Reporting Persons once their EDGAR accounts are reactivated.
- [F3]Any action taken with respect to these shares of common stock held directly by Intermediate, including voting and dispositive decisions, requires a unanimous vote of the three directors of AIPCF V (Cayman), Ltd. Accordingly, the directors of AIPCF V (Cayman), Ltd. may be deemed to share voting and dispositive power with respect to the shares of Common Stock held directly by Intermediate, but disclaim beneficial ownership of the shares of Common Stock held directly by Intermediate, except to the extent of any pecuniary interest therein. The filing of this statement is not an admission that the Reporting Persons are members of a group or beneficial owners of any shares other than those in which they have a pecuniary interest.
- [F4]The Reporting Persons disclaim status as a "group" within the meaning of Rule 13d-5 of the Securities Exchange Act of 1934, as amended.