Titan America (TTAM) officer reports 24,399 RSUs vesting in 2028 on Form 3
Rhea-AI Filing Summary
Titan America SA officer Morin Jason Pierre filed an initial ownership report showing holdings of restricted stock units linked to the company’s common stock. These restricted stock units cover 24,399 underlying shares and vest on March 31, 2028, subject to his continued employment or service through that date.
Each restricted stock unit represents a contingent right to receive one share of Titan America SA common stock upon settlement. The grant remains subject to possible forfeiture or accelerated vesting under its terms, so the final number of shares ultimately delivered could change based on those conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Morin Jason Pierre
Role
President, Titan Florida
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 24,399 shares (Direct)
Footnotes (1)
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AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Titan America (TTAM) insider Morin Jason Pierre report on this Form 3?
Morin Jason Pierre reports holdings of restricted stock units tied to Titan America SA common stock, covering 24,399 underlying shares. This Form 3 is an initial ownership statement, establishing his equity-based position as an officer of Titan Florida.
When do Morin Jason Pierre’s Titan America (TTAM) RSUs vest?
The restricted stock units vest on March 31, 2028, subject to continued employment or service through that date. Only after vesting and settlement can the RSUs convert into Titan America SA common stock, assuming no forfeiture occurs under the grant terms.
What conditions apply to Morin Jason Pierre’s Titan America (TTAM) RSU grant?
The RSU grant is subject to continued employment or service through March 31, 2028, as well as potential forfeiture and accelerated vesting. These conditions determine whether, when, and how many Titan America SA shares are ultimately delivered from the RSUs.
Is this Titan America (TTAM) Form 3 a buy or sell transaction?
This Form 3 does not report a buy or sell transaction; it records existing holdings of restricted stock units. The filing classifies the entry as a holding, not an open-market purchase or sale of Titan America SA common stock.