Titan International Inc. Files Definitive Proxy Statement
Ticker: TWI · Form: DEF 14A · Filed: Apr 24, 2024 · CIK: 899751
| Field | Detail |
|---|---|
| Company | Titan International Inc (TWI) |
| Form Type | DEF 14A |
| Filed Date | Apr 24, 2024 |
| Risk Level | low |
| Pages | 16 |
| Reading Time | 19 min |
| Key Dollar Amounts | $5 billion, $12 billion |
| Sentiment | neutral |
Sentiment: neutral
Topics: DEF 14A, Proxy Statement, Titan International Inc., Corporate Governance, Shareholder Meeting
TL;DR
<b>Titan International Inc. has filed its Definitive Proxy Statement for the period ending June 13, 2024.</b>
AI Summary
TITAN INTERNATIONAL INC (TWI) filed a Proxy Statement (DEF 14A) with the SEC on April 24, 2024. Titan International Inc. filed a Definitive Proxy Statement (DEF 14A) on April 24, 2024. The filing covers the period ending June 13, 2024. The company's fiscal year ends on December 31. Titan International Inc. was formerly known as Titan Wheel International Inc. until April 3, 1993. The company is incorporated in Illinois and its principal business address is in Quincy, IL.
Why It Matters
For investors and stakeholders tracking TITAN INTERNATIONAL INC, this filing contains several important signals. This filing is a routine regulatory requirement for publicly traded companies, providing shareholders with information for upcoming meetings and votes. The DEF 14A filing details executive compensation, board nominations, and other corporate governance matters, which are crucial for shareholder decision-making.
Risk Assessment
Risk Level: low — TITAN INTERNATIONAL INC shows low risk based on this filing. The filing is a standard DEF 14A, indicating routine corporate governance and shareholder information, with no immediate financial or operational red flags.
Analyst Insight
Review the proxy statement for details on executive compensation, board proposals, and any shareholder voting matters to inform investment decisions.
Key Numbers
- 2024-04-24 — Filing Date (DEF 14A filing date)
- 2024-06-13 — Period of Report (Conformed period of report)
- 1993-04-03 — Date of Name Change (Date Titan Wheel International Inc. changed name)
- 3312 — SIC Code (Standard Industrial Classification code)
Key Players & Entities
- TITAN INTERNATIONAL INC (company) — Filer name
- 2024-04-24 (date) — Filing date
- 2024-06-13 (date) — Period of report
- 2701 SPRUCE ST (address) — Business address street
- QUINCY (location) — Business address city
- IL (location) — Business address state
- 62301 (postal_code) — Business address zip
- TITAN WHEEL INTERNATIONAL INC (company) — Former company name
FAQ
When did TITAN INTERNATIONAL INC file this DEF 14A?
TITAN INTERNATIONAL INC filed this Proxy Statement (DEF 14A) with the SEC on April 24, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by TITAN INTERNATIONAL INC (TWI).
Where can I read the original DEF 14A filing from TITAN INTERNATIONAL INC?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by TITAN INTERNATIONAL INC.
What are the key takeaways from TITAN INTERNATIONAL INC's DEF 14A?
TITAN INTERNATIONAL INC filed this DEF 14A on April 24, 2024. Key takeaways: Titan International Inc. filed a Definitive Proxy Statement (DEF 14A) on April 24, 2024.. The filing covers the period ending June 13, 2024.. The company's fiscal year ends on December 31..
Is TITAN INTERNATIONAL INC a risky investment based on this filing?
Based on this DEF 14A, TITAN INTERNATIONAL INC presents a relatively low-risk profile. The filing is a standard DEF 14A, indicating routine corporate governance and shareholder information, with no immediate financial or operational red flags.
What should investors do after reading TITAN INTERNATIONAL INC's DEF 14A?
Review the proxy statement for details on executive compensation, board proposals, and any shareholder voting matters to inform investment decisions. The overall sentiment from this filing is neutral.
How does TITAN INTERNATIONAL INC compare to its industry peers?
Titan International Inc. operates in the steel works, blast furnaces, and rolling mills industry (SIC 3312).
Are there regulatory concerns for TITAN INTERNATIONAL INC?
The filing is a DEF 14A, a standard proxy statement required under the Securities Exchange Act of 1934 for public companies.
Industry Context
Titan International Inc. operates in the steel works, blast furnaces, and rolling mills industry (SIC 3312).
Regulatory Implications
The filing is a DEF 14A, a standard proxy statement required under the Securities Exchange Act of 1934 for public companies.
What Investors Should Do
- Review the executive compensation details for named executive officers.
- Examine proposals to be voted on by shareholders, such as director elections or advisory resolutions.
- Check for any changes in corporate governance policies or board structure.
Year-Over-Year Comparison
This is a DEF 14A filing, which is a routine disclosure. No specific comparative data from a prior filing is immediately apparent in this header information.
Filing Stats: 4,731 words · 19 min read · ~16 pages · Grade level 11.1 · Accepted 2024-04-24 16:28:06
Key Financial Figures
- $5 billion — isors LP (OEP), which currently manages $5 billion of investments and commitments on behal
- $12 billion — d its predecessors have invested nearly $12 billion in over 80 investments. During his fif
Filing Documents
- twi-20240424.htm (DEF 14A) — 766KB
- twi-20240424_g1.jpg (GRAPHIC) — 4091KB
- twi-20240424_g10.jpg (GRAPHIC) — 37KB
- twi-20240424_g11.jpg (GRAPHIC) — 55KB
- twi-20240424_g12.jpg (GRAPHIC) — 55KB
- twi-20240424_g13.jpg (GRAPHIC) — 54KB
- twi-20240424_g14.jpg (GRAPHIC) — 53KB
- twi-20240424_g15.jpg (GRAPHIC) — 54KB
- twi-20240424_g16.jpg (GRAPHIC) — 29KB
- twi-20240424_g17.jpg (GRAPHIC) — 26KB
- twi-20240424_g18.jpg (GRAPHIC) — 31KB
- twi-20240424_g19.jpg (GRAPHIC) — 507KB
- twi-20240424_g2.jpg (GRAPHIC) — 72KB
- twi-20240424_g20.jpg (GRAPHIC) — 198KB
- twi-20240424_g3.jpg (GRAPHIC) — 4KB
- twi-20240424_g4.jpg (GRAPHIC) — 60KB
- twi-20240424_g5.jpg (GRAPHIC) — 75KB
- twi-20240424_g6.jpg (GRAPHIC) — 80KB
- twi-20240424_g7.jpg (GRAPHIC) — 31KB
- twi-20240424_g8.jpg (GRAPHIC) — 45KB
- twi-20240424_g9.jpg (GRAPHIC) — 50KB
- 0000899751-24-000048.txt ( ) — 16063KB
- twi-20240424.xsd (EX-101.SCH) — 3KB
- twi-20240424_def.xml (EX-101.DEF) — 3KB
- twi-20240424_lab.xml (EX-101.LAB) — 4KB
- twi-20240424_pre.xml (EX-101.PRE) — 2KB
- twi-20240424_htm.xml (XML) — 107KB
Security Ownership of Certain Beneficial Owners and Management
Security Ownership of Certain Beneficial Owners and Management 45 Certain Relationships and Related Party Transactions 48 Stockholder Proposals 49 Householding Information 50 Cost of Proxy Solicitation 51 Appendix A - Adjusted EBITDA Reconciliation 5 7 Titan International, Inc. / 2024 Proxy Statement iii Notice of Annual Meeting of Stockholders Date: June 13, 2024 Time: 10:00 a.m., CDT Place: Virtual web conference Ways to Vote By Mail: If you are a stockholder of record you may vote by returning the enclosed proxy card By Telephone: Call toll-free 1-800-690-6903 By Internet: www.proxyvote.com PROXY STATEMENT ANNUAL MEETING OF STOCKHOLDERS TITAN INTERNATIONAL, INC. GENERAL MATTERS This Proxy Statement is being furnished to the stockholders of Titan International, Inc. (Titan or the Company) in connection with the solicitation of proxies by the Board of Directors of the Company (the Board of Directors) for use at the Annual Meeting of Stockholders (the Annual Meeting) to be held on June 13, 2024, at 10:00 a.m. Central Daylight Time via the internet through a virtual web conference at www.virtualshareholdermeeting.com/TWI2024, and at any adjournment or postponement of that meeting. The Company is commencing mailing of the Notice of Internet Availability of Proxy Materials, in lieu of a paper copy of this Proxy Statement, to its stockholders on or about April 24, 2024. In accordance with rules adopted by the Securities and Exchange Commission (the SEC), the Company may furnish proxy materials, including this Proxy Statement and its Annual Report, to its stockholders by providing access to such documents on the internet instead of mailing printed copies. The Company has elected to provide its stockholders access to the Company's proxy materials over the internet; accordingly, most stockholders will not receive printed copies of these proxy materials unless they request them. Instead, the Notice of Internet Availability of Proxy M