Reitz Paul G 4
4 · TITAN INTERNATIONAL INC · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Titan Intl (TWI) CEO Paul Reitz Withholds 13,305 Shares for Taxes
What Happened
Paul G. Reitz, President & CEO of Titan International, had 13,305 shares of common stock withheld by the company on March 14, 2026 to satisfy tax withholding obligations tied to the vesting of restricted stock. The withholding was executed at $7.74 per share for a total value of $102,981. This is a tax-withholding disposition (transaction code F), not an open-market sale.
Key Details
- Transaction date and price: 2026-03-14 at $7.74 per share.
- Shares withheld/disposed: 13,305 shares; total value $102,981.
- Transaction code: F (shares withheld to satisfy tax withholding on vesting). Footnote F1 confirms withholding for taxes.
- Related restricted stock: Footnote F2 notes 160,001 restricted shares remain subject to vesting (80,000 vest 3/10/2027; 53,334 vest 3/10/2028; 26,667 vest 3/10/2029).
- Shares owned after transaction: not specified in this Form 4 filing.
- Filing date: 2026-03-16 (filed within the normal 2-business-day window; not marked late).
Context
Share withholding to cover taxes is a common, administrative disposition when restricted stock vests (often called a cashless or share-withholding tax payment). It reduces the insider’s outstanding shares but does not indicate an open-market sale or deliberate investment decision. The remaining restricted shares will vest according to the schedule in footnote F2.
Insider Transaction Report
- Tax Payment
Common stock
[F1][F2]2026-03-14$7.74/sh−13,305$102,981→ 537,658 total
Footnotes (2)
- [F1]Reflects shares of common stock withheld by the company to satisfy tax withholding obligations in connection with the vesting of restricted stock.
- [F2]Includes 160,001 shares restricted stock which vest as follows: 80,000 on 3/10/2027; 53,334 on 3/10/2028; and 26,667 on 3/10/2029.