Titan America (TTAM) director receives 2,014 restricted stock units as equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Titan America SA director William John Antholis received a compensation grant of 2,014 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Titan America SA common stock upon settlement. The RSUs vest on March 31, 2027, and the entire 2,014-unit award is reported as directly owned after this transaction.
The grant is classified as an award acquisition rather than a market purchase or sale, meaning no open-market trading occurred. The RSUs are subject to forfeiture and potential accelerated vesting under their terms, so Antholis will receive the underlying shares only if the vesting conditions are satisfied.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Antholis William John
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units - 2026 Grant | 2,014 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units - 2026 Grant — 2,014 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 2,014 units
Price per RSU: $0.0000 per unit
RSUs after transaction: 2,014 units
+2 more
5 metrics
RSUs granted
2,014 units
Restricted Stock Units - 2026 Grant to director
Price per RSU
$0.0000 per unit
Compensation grant, non-cash award
RSUs after transaction
2,014 units
Total RSU holdings reported following grant
Vesting date
March 31, 2027
RSUs vest on this date if not forfeited
Underlying shares
2,014 shares
Each RSU equals one share of common stock
Key Terms
Restricted Stock Units, RSU, vest, contingent right, +2 more
6 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.
RSU financial
"Each restricted stock unit (RSU) represents a contingent right to receive one share"
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
vest financial
"The RSUs vest on March 31, 2027."
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.
contingent right financial
"represents a contingent right to receive one share of Titan America SA common stock"
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."
FAQ
What did Titan America SA (TTAM) director William John Antholis report on this Form 4?
William John Antholis reported receiving 2,014 restricted stock units as a compensation grant. These RSUs give him the right to receive an equal number of Titan America SA common shares upon settlement, subject to vesting and forfeiture conditions described in the award terms.
Is the Titan America SA (TTAM) Form 4 a stock purchase or sale by the director?
The Form 4 does not show a stock purchase or sale. It reports a grant of 2,014 restricted stock units classified as a grant or award acquisition, meaning no open-market trading occurred and no shares were bought or sold in this transaction.
When do the 2,014 RSUs granted to the Titan America SA (TTAM) director vest?
The 2,014 restricted stock units vest on March 31, 2027. Vesting means the director then becomes entitled to receive Titan America SA common shares, provided the grant has not been forfeited and all applicable award conditions have been satisfied by that date.
How many Titan America SA (TTAM) restricted stock units does the director hold after this Form 4?
After this transaction, the director is reported as holding 2,014 restricted stock units. This matches the size of the grant, indicating the filing reflects a new award position rather than changes to an existing RSU or option balance in this specific disclosure.
What does each restricted stock unit (RSU) represent for Titan America SA (TTAM)?
Each Titan America SA restricted stock unit represents a contingent right to receive one share of common stock. The right becomes actual share ownership only upon settlement after vesting, and remains subject to forfeiture and possible accelerated vesting according to the award’s detailed terms.
Does the Titan America SA (TTAM) RSU grant involve any cash transaction?
The RSU grant is a non-cash compensation award. The Form 4 shows a price per unit of $0.0000, indicating the director did not pay cash to receive these 2,014 restricted stock units, which instead reflect equity-based compensation subject to vesting conditions.