TITAN INTERNATIONAL INC (TWI) Form 8-K — Oct 16, 2026
Titan International entered into a deferred compensation arrangement with President and CEO Paul G. Reitz on October 13, 2026, awarding him $2.3 million in deferred compensation approved by the Compensation Committee and Board. To fund the obligation, the company established an irrevocable rabbi trust and contributed approximately 332,370 TWI shares valued at about $2.3 million, with payments to Reitz not beginning until 2030. Trust assets remain subject to claims of general creditors, and Reitz holds only unsecured contractual rights.
Key figures
- Trust Shares
- 332370
- Deferred Compensation Usd
- 2300000
- Payment Commencement Year
- 2030
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