Titan America director reports RSU tax withholding
Titan America SA director William John Antholis reported a routine tax-withholding transaction related to vested restricted stock units (RSUs).
Rhea-AI Filing Summary
Titan America SA director William John Antholis reported a routine tax-withholding transaction related to vested restricted stock units (RSUs). On the settlement of these RSUs, 3,130 shares of common stock were withheld at a price of $15.46 per share to cover tax obligations rather than being sold on the open market. Following this non-market disposition, he continues to hold 2,719 shares of Titan America SA common stock directly.
Positive
- None.
Negative
- None.
Insights
Routine RSU tax withholding with limited signaling value.
Director William John Antholis had 3,130 shares of Titan America SA common stock withheld at $15.46 per share to cover taxes on vested RSUs. The Form 4 classifies this as a tax-withholding disposition rather than an open-market trade.
Code F transactions and the footnote stating shares were “withheld to cover tax obligation” indicate a mechanical event tied to equity compensation, not an active decision to sell shares. After this withholding, Antholis directly holds 2,719 shares, showing he maintains an ongoing equity stake.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 3,130 | $15.46 | $48K |
Footnotes (1)
- F1. Shares withheld to cover tax obligation from settlement of vested RSUs.
Key Figures
Key Terms
restricted stock units (RSUs) financial
tax-withholding disposition financial
Common Stock financial
transaction code F regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Titan America SA (TTAM) director William John Antholis report on this Form 4?
What does transaction code F mean in the Titan America SA (TTAM) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.