In a series of transactions, recently seated Titan International board member Mark Rachesky acquired another 490,775 shares in the tire and wheel maker.
The July 28-30 transactions give Rachesky direct control of an estimated 14% of Titan.
Rachesky, who was added to the Titan board just a few months ago, made the transactions directly as an individual and through his MHR Fund Management, MHR Institutional Partners III, MHR Institutional Advisors III and MHR Holdings investment businesses.