secwatch.observer — SEC 8-K summary
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Issuer:     TITAN INTERNATIONAL INC (TWI)
CIK:        0000899751
Form:       8-K
Filed at:   2022-02-04T23:59:59+00:00
Accession:  0000899751-22-000004
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Titan International buys back 4.03M restricted shares from RDIF equity holders for $25M
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- Entered Stock Purchase Agreement on Feb 1, 2022 to repurchase 4,032,259 restricted shares for $25 million.
- Shares were issued in Dec 2021 to RDIF equity holders as part of a 2019 settlement; regulatory approval received Nov 2021.
- Buyback price of $25M was fixed in the original 2019 agreement; transaction closed on Feb 1, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/899751/000089975122000004/0000899751-22-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/899751/000089975122000004/twi-20220201.htm
  HTML page:      https://secwatch.observer/filing/0000899751-22-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer