Titan Machinery Inc.·4

Jun 3, 11:12 AM ET

Larsen Robert 4

Research Summary

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Titan Machinery (TITN) CFO Robert Larsen Receives 21,779-Share Award

What Happened
Robert Larsen, Chief Financial Officer of Titan Machinery (TITN), was granted 21,779 shares on 2026-06-01 as an award/acquisition (transaction code A). The grant price is reported as $0.00, so the immediate cash value recorded on the Form 4 is $0. This is an award/compensation grant rather than an open-market purchase or sale.

Key Details

  • Transaction date: 2026-06-01
  • Filing date: 2026-06-03 (Form 4 accession 0001628280-26-040077)
  • Shares acquired: 21,779 shares
  • Price per share reported: $0.00 (award/grant) — total reported cash consideration: $0
  • Shares owned after transaction: not specified in the provided filing excerpt
  • Footnotes/notable exhibits: Exhibit 24 — Power of Attorney included
  • Timeliness: Filing was submitted two days after the transaction date; no late filing flag indicated in the reported document

Context
Awards like this are typically part of executive compensation (e.g., restricted stock units or similar equity grants) and do not necessarily reflect the insider making a market purchase. For retail investors, new purchases on the open market are often more informative about personal conviction; awards mainly reflect company pay practices. To assess impact, check Larsen’s total holdings and Titan Machinery’s outstanding shares in the full Form 4 or company filings.

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