Titan America director reports 5,849 RSUs
Titan America SA director Bachmann James W. filed an initial ownership report showing 5,849 restricted stock units (RSUs), each tied to one share of common stock.
Rhea-AI Filing Summary
Titan America SA director Bachmann James W. filed an initial ownership report showing 5,849 restricted stock units (RSUs), each tied to one share of common stock. The RSUs vest on March 31, 2026, contingent on his continued service, and remain subject to forfeiture or accelerated vesting under their terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bachmann James W.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 5,849 contracts (Direct)
Footnotes (1)
- F1. Each restricted stock unit (RSU) represents a contingent right to receive one share of Titan America SA common stock upon settlement. The RSUs vest on March 31, 2026, subject to continued employment or service of the Reporting Person through such vesting date. The grant is subject to forfeiture and accelerated vesting in accordance with its terms.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Titan America SA (TTAM) director James Bachmann report on this Form 3?
He reported holding 5,849 restricted stock units (RSUs), each representing a right to receive one share of Titan America SA common stock. This Form 3 serves as his initial statement of beneficial ownership as a director of the company.
When do James Bachmann’s Titan America SA (TTAM) RSUs vest?
His restricted stock units vest on March 31, 2026, according to the filing footnote. Vesting requires his continued employment or service with Titan America SA through that date, making the award contingent on ongoing service to the company.
Are James Bachmann’s Titan America SA (TTAM) RSUs immediately exercisable or paid out?
No, the RSUs are contingent rights that vest on March 31, 2026. They are subject to forfeiture and only settle into common shares upon vesting, under the specific terms and conditions described in the award documentation.
What risks or conditions apply to Titan America SA (TTAM) RSUs held by James Bachmann?
The RSUs are subject to forfeiture and accelerated vesting under their terms. Vesting requires continued employment or service through March 31, 2026, so changes in his role or other conditions could affect whether and when the shares are ultimately delivered.
AI-generated analysis. How Rhea-AI works. Not financial advice.