AIPCF V (Cayman), L.P. 4/A
Research Summary
AI-generated summary
Titan International (TWI) 10% Owner 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. The shares were sold at $8.95 per share for a total reported value of $27,219,528. The transaction is reported as an open-market or private sale (code S).
Key Details
- Transaction date and price: March 4, 2026 — 3,041,288 shares at $8.95 each (total $27,219,528).
- Shares owned after transaction: Not disclosed in this filing.
- Filing status: This is an amended Form 4 filed April 16, 2026 to add three additional reporting persons (AIPCF V AIV C, LP; AIPCF V (Cayman), L.P.; AIPCF V (Cayman), Ltd.). The amendment does not change the reported transaction. The original Form 4 was filed March 6, 2026.
- Notable footnotes: The filing explains the ownership chain (Intermediate → Holdings → AIPCF entities) and states that actions regarding the shares require unanimous vote of three directors of AIPCF V (Cayman), Ltd. The reporting persons disclaim beneficial ownership beyond any pecuniary interest and disclaim forming a “group” under Rule 13d‑5.
Context
- This is an institutional sale by a 10% owner (not an individual executive). Such disposals can reflect portfolio or fund-level decisions and do not necessarily indicate management sentiment about the company.
- The amendment was administrative (to add reporting entities delayed by EDGAR enrollment) and does not report new trading activity.