Titan America (TTAM) director reports 5,849 RSUs vesting in 2026
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Titan America SA director Van der Smissen Willem Jozef Ludwig has reported initial holdings of restricted stock units. The filing shows 5,849 RSUs, each representing a right to receive one share of common stock. These RSUs vest on March 31, 2026, contingent on his continued service and subject to forfeiture or accelerated vesting under their terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Van der Smissen Willem Jozef Ludwig
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 5,849 shares (Direct)
Footnotes (1)
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FAQ
What insider position does Van der Smissen hold at Titan America SA (TTAM)?
Van der Smissen Willem Jozef Ludwig is a director of Titan America SA. His Form 3 filing reports his initial beneficial ownership position, specifically restricted stock units that may convert into common shares if vesting conditions are satisfied.
How many restricted stock units does the TTAM director report on Form 3?
The director reports 5,849 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Titan America SA common stock, giving him potential future equity exposure if the units vest as scheduled under the plan.
When do the Titan America SA (TTAM) RSUs held by the director vest?
The RSUs vest on March 31, 2026. Vesting is conditioned on the director’s continued employment or service with Titan America SA through that date, according to the disclosure included in the Form 3 footnote.
What does each TTAM restricted stock unit represent for the reporting director?
Each RSU represents a contingent right to receive one share of Titan America SA common stock upon settlement. This means the director does not yet own the shares outright; he may receive them if vesting conditions are met.
Are the Titan America SA (TTAM) RSUs reported by the director subject to forfeiture?
Yes. The filing states the RSUs are subject to forfeiture and may also vest on an accelerated basis in accordance with their terms. Continued employment or service through March 31, 2026 is required for standard vesting.