[Form 3] Titan America SA Initial Statement of Beneficial Ownership
Rhea-AI Filing Summary
Titan America SA director Kostakis Evangelia has reported initial holdings of 3,883 restricted stock units (RSUs) tied to common stock. Each RSU represents a contingent right to receive one share, with vesting scheduled for March 31, 2027, subject to continued service and standard forfeiture or accelerated vesting terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kostakis Evangelia
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units - 2026 Grant | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units - 2026 Grant — 3,883 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, 2027, subject to the continued service of the Reporting Person through such vesting date. The grant is subject to forfeiture and accelerated vesting in accordance with its terms.
Key Figures
RSUs reported: 3,883 units
Underlying shares: 3,883 shares
Exercise price: $0.0000 per unit
+1 more
4 metrics
RSUs reported
3,883 units
Restricted Stock Units - 2026 Grant; underlying common shares
Underlying shares
3,883 shares
Common stock underlying the RSUs
Exercise price
$0.0000 per unit
RSUs have no exercise price
Vesting date
March 31, 2027
RSUs vest subject to continued service
Key Terms
Restricted Stock Units, contingent right, vest, forfeiture, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit (RSU) represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"represents a contingent right to receive one share of Titan America SA common stock"
vest financial
"The RSUs vest on March 31, 2027, subject to the continued service"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
forfeiture financial
"The grant is subject to forfeiture and accelerated vesting in accordance with its terms"
accelerated vesting financial
"subject to forfeiture and accelerated vesting in accordance with its terms"
AI-generated analysis. How Rhea-AI works. Not financial advice.