Titan America SA (TTAM) president reports 31,678 RSUs holding
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Titan America SA executive Kevin Brian Baird, President of Titan Mid-Atlantic, reported his initial insider holdings on a Form 3. He holds restricted stock units that are currently tied to 31,678 shares of common stock. Each RSU represents a contingent right to one share upon settlement.
The RSUs are scheduled to vest on March 31, 2028, provided he continues his employment or service through that date. The grant can be forfeited or may vest earlier under certain conditions described in its terms, so the actual number of shares eventually received could change.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Baird Kevin Brian
Role
President, Titan Mid-Atlantic
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 31,678 shares (Direct)
Footnotes (1)
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FAQ
What insider position did Titan America SA (TTAM) report for Kevin Brian Baird?
Titan America SA reported that Kevin Brian Baird, President of Titan Mid-Atlantic, holds restricted stock units tied to 31,678 shares of common stock. These RSUs are a form of equity-based compensation rather than a cash transaction or open-market share purchase or sale.
When do Kevin Baird’s Titan America SA (TTAM) RSUs vest?
The RSUs held by Kevin Baird are scheduled to vest on March 31, 2028. Vesting requires his continued employment or service through that date, and the grant documents also allow for possible forfeiture or accelerated vesting under specific conditions laid out in their terms.
Are Kevin Baird’s Titan America SA (TTAM) RSUs currently exercisable?
The RSUs are not yet settled shares; they represent a contingent right to receive stock in the future. They will convert into common shares only upon settlement after vesting, with their status subject to continued employment, potential forfeiture, and any accelerated vesting provisions in the grant terms.
What employment condition is tied to Kevin Baird’s Titan America SA (TTAM) RSUs?
Vesting of Kevin Baird’s RSUs requires continued employment or service with Titan America SA through March 31, 2028. If this condition is not met, some or all of the RSUs can be forfeited, while certain circumstances described in the grant may trigger accelerated vesting instead.