Titan America SA (TTAM) HR chief reports 10,511 restricted stock units
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Titan America SA filed an initial ownership report showing that Chief Human Resources Officer Silva Maria Clara holds restricted stock units tied to company shares. The filing lists 10,511 RSUs, each representing the right to receive one share of common stock upon settlement. These RSUs vest on March 31, 2028, subject to her continued employment or service through that date, and are subject to forfeiture or accelerated vesting under the grant terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Silva Maria Clara
Role
Chief Human Resources Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 10,511 shares (Direct)
Footnotes (1)
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FAQ
What does Titan America SA (TTAM) disclose about Silva Maria Clara’s equity holdings?
Titan America SA reports that Chief Human Resources Officer Silva Maria Clara holds 10,511 restricted stock units. Each unit represents the right to receive one share of common stock, highlighting a significant portion of her compensation is equity-based and aligned with shareholder interests.
When do Silva Maria Clara’s Titan America SA (TTAM) RSUs vest?
The RSUs vest on March 31, 2028, if Silva Maria Clara remains employed or in service through that date. This multi‑year vesting schedule encourages long‑term retention and ties her compensation to Titan America SA’s future performance over several years.
How many Titan America SA (TTAM) RSUs are reported in this Form 3?
The Form 3 shows 10,511 restricted stock units held directly by Silva Maria Clara. Each RSU corresponds to one share of Titan America SA common stock upon settlement, giving clear visibility into her current unvested equity position with the company.
What rights does each Titan America SA (TTAM) RSU give Silva Maria Clara?
Each RSU represents a contingent right to receive one share of Titan America SA common stock upon settlement. The RSUs only deliver shares after vesting and are subject to forfeiture or accelerated vesting, depending on the specific terms of the grant agreement.
Are Silva Maria Clara’s Titan America SA (TTAM) RSUs subject to forfeiture?
Yes. The RSUs are subject to forfeiture and potential accelerated vesting under their terms. If employment or service conditions are not met, some or all units may be lost; certain events defined in the grant could also cause earlier vesting than March 31, 2028.