secwatch.observer — SEC 8-K summary
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Issuer:     TITAN INTERNATIONAL INC (TWI)
CIK:        0000899751
Form:       8-K
Filed at:   2023-06-13T23:59:59+00:00
Accession:  0000899751-23-000048
Event type: other_material
Sentiment:  negative
Materiality: 0.15
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Titan International shareholders reject 2022 executive compensation in advisory vote; CFO to explain plan
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- Non-binding advisory vote on 2022 exec compensation not approved: 22.8M for, 26.1M against, 5.9M broker non-votes.
- Chairman stated CFO will explain compensation factors to top 40 shareholders within 90 days and post plan on website.
- All seven director nominees elected; Richard M. Cashin Jr. had 23.6M for, 25.4M withheld.
- Ratification of Grant Thornton LLP as auditor approved: 54.3M for, 0.6M against, 74K abstain.
- Advisory vote on frequency of future say-on-pay votes: 30.0M for 1 year, 15.8M for 2 years, 3.2M for 3 years.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/899751/000089975123000048/0000899751-23-000048-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/899751/000089975123000048/twi-20230608.htm
  HTML page:      https://secwatch.observer/filing/0000899751-23-000048

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