Titan America (TTAM) CEO holds 112,613 RSUs vesting in 2028
Rhea-AI Filing Summary
Titan America SA disclosed the initial equity holdings of President and CEO Zarkalis Vassilios in a Form 3. He holds restricted stock units representing 112,613 shares of common stock, reflecting his equity-based compensation stake in the company.
Each RSU gives a contingent right to receive one share of common stock upon settlement. The units are scheduled to vest on March 31, 2028, provided he remains employed or in service through that date, and they are subject to forfeiture or accelerated vesting under their terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Zarkalis Vassilios
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 112,613 shares (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, 2028, 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.
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FAQ
What does the Titan America SA (TTAM) Form 3 filing show for Zarkalis Vassilios?
The Form 3 shows that Titan America SA President and CEO Zarkalis Vassilios holds restricted stock units representing 112,613 shares of common stock, documenting his initial reportable equity ownership position in the company.
How many restricted stock units does the Titan America (TTAM) CEO hold?
Titan America SA’s CEO holds restricted stock units tied to 112,613 shares of common stock. These RSUs represent equity-based compensation that will convert into shares only upon settlement, subject to the vesting and forfeiture conditions described.
When do the Titan America SA (TTAM) CEO’s RSUs vest?
The RSUs held by Titan America SA’s CEO are scheduled to vest on March 31, 2028. Vesting depends on his continued employment or service through that date and remains subject to forfeiture or accelerated vesting under the award’s terms.
What does each RSU represent for Titan America (TTAM) common stock?
Each restricted stock unit represents a contingent right to receive one share of Titan America SA common stock upon settlement. The units carry no exercise price and convert into shares only if the vesting and service conditions are satisfied.
Are the Titan America SA (TTAM) CEO’s RSUs fully owned today?
The RSUs are not fully vested today; they represent a future right to receive shares. They vest on March 31, 2028, assuming continued employment or service, and may be forfeited or vest earlier if specified conditions in the award are triggered.