Titan Machinery Reports Director Changes and Officer Appointments
Ticker: TITN · Form: 8-K · Filed: Jun 4, 2024 · CIK: 1409171
| Field | Detail |
|---|---|
| Company | Titan Machinery INC. (TITN) |
| Form Type | 8-K |
| Filed Date | Jun 4, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.00001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, officer-appointment, director-election
Related Tickers: TITN
TL;DR
Titan Machinery's board is changing, with new directors and officers coming aboard.
AI Summary
Titan Machinery Inc. filed an 8-K on June 4, 2024, reporting on several key events. These include the departure of a director, the election of new directors, the appointment of certain officers, and updates to compensatory arrangements. The filing also covers the submission of matters to a vote of security holders and includes financial statements and exhibits.
Why It Matters
Changes in board composition and officer appointments can signal shifts in company strategy or governance, impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — This filing primarily reports on routine corporate governance changes and does not appear to involve significant financial distress or unexpected operational events.
Key Players & Entities
- Titan Machinery Inc. (company) — Registrant
- June 3, 2024 (date) — Date of earliest event reported
- June 4, 2024 (date) — Date of report
- Delaware (jurisdiction) — State of incorporation
- West Fargo ND (location) — Principal executive offices
FAQ
Who has departed from the board of directors at Titan Machinery Inc.?
The filing indicates the departure of a director, but the specific name is not provided in the provided text.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on June 3, 2024.
What is the principal executive office address for Titan Machinery Inc.?
The principal executive offices are located at 644 East Beaton Drive, West Fargo ND 58078-2648.
What is the Commission File Number for Titan Machinery Inc.?
The Commission File Number for Titan Machinery Inc. is 001-33866.
What are the main items covered in this 8-K filing?
This 8-K covers the departure of directors, election of directors, appointment of officers, compensatory arrangements, submission of matters to a vote of security holders, and financial statements and exhibits.
Filing Stats: 709 words · 3 min read · ~2 pages · Grade level 11.6 · Accepted 2024-06-04 10:16:14
Key Financial Figures
- $0.00001 — ange on which registered Common Stock, $0.00001 par value per share TITN The Nasdaq Sto
Filing Documents
- titn-20240603.htm (8-K) — 41KB
- a101.htm (EX-10.1) — 153KB
- 0001409171-24-000059.txt ( ) — 344KB
- titn-20240603.xsd (EX-101.SCH) — 2KB
- titn-20240603_lab.xml (EX-101.LAB) — 21KB
- titn-20240603_pre.xml (EX-101.PRE) — 12KB
- titn-20240603_htm.xml (XML) — 3KB
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders. The Annual Meeting was held on June 3, 2024. The votes cast with respect to each item of business properly presented at the meeting are as follows: Proposal No. 1 — The stockholders elected the following Class II nominees to the Board of Directors for a three-year term. For Withheld Broker Non-Votes Stan Erickson 16,751,140 1,248,311 1,217,602 Jody Horner 17,241,725 757,726 1,217,602 Richard Mack 17,242,373 757,078 1,217,602 Proposal No. 2 — The stockholders adopted the non-binding resolution approving the compensation of the Company's Named Executive Officers as described in the Company's 2024 Proxy Statement. For Against Abstained Broker Non-Votes 17,372,407 601,738 25,306 1,217,602 Proposal No. 3 —The stockholders ratified the appointment of Deloitte & Touche LLP as the Company's Registered Independent Public Accounting Firm for the fiscal year ended January 31, 2025. For Against Abstained Broker Non-Votes 19,038,798 168,248 10,007 - Proposal No. 4 —The stockholders approved the Plan. For Against Abstained Broker Non-Votes 15,946,265 2,033,495 19,691 1,217,602
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits . (d) Exhibits: 10.1 Second Amended and Restated Titan Machinery Inc. 2014 Equity Incentive Plan. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: June 4, 2024 TITAN MACHINERY INC. By /s/ Robert Larsen Robert Larsen Chief Financial Officer