Titan America (TTAM) director has 3,130 shares withheld for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Titan America SA director Santos Sandra Maria Soares had 3,130 shares of Common Stock withheld on May 18, 2026 to cover tax obligations from the settlement of vested RSUs. This tax-withholding disposition is not an open-market sale. After the transaction, she directly holds 2,719 shares of Titan America common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Santos Sandra Maria Soares
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3,130 | $15.46 | $48K |
Holdings After Transaction:
Common Stock — 2,719 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 3,130 shares
Price per share reference: $15.46 per share
Shares held after transaction: 2,719 shares
3 metrics
Shares withheld for taxes
3,130 shares
Tax-withholding disposition on May 18, 2026
Price per share reference
$15.46 per share
Value used for 3,130-share tax withholding
Shares held after transaction
2,719 shares
Director’s direct common stock holdings after May 18, 2026
Key Terms
tax-withholding disposition, Restricted Stock Units (RSUs), Common Stock
3 terms
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Restricted Stock Units (RSUs) financial
"Shares withheld to cover tax obligation from settlement of vested RSUs."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Titan America (TTAM) report for Santos Sandra Maria Soares?
Titan America reported a tax-withholding disposition for director Santos Sandra Maria Soares. On May 18, 2026, 3,130 common shares were withheld to satisfy tax obligations from vested RSUs, a routine administrative transaction rather than an open-market sale.
Was the Titan America (TTAM) Form 4 transaction an open-market sale or a tax withholding event?
The Form 4 transaction was a tax withholding event, not an open-market sale. Shares were delivered to cover tax obligations from the settlement of vested RSUs, as indicated by the F transaction code and the accompanying footnote explanation.
What does the F transaction code mean in the Titan America (TTAM) Form 4?
The F transaction code indicates payment of a tax liability or exercise price by delivering securities. In this Titan America filing, it shows 3,130 shares were withheld to satisfy taxes on vested RSUs, categorized as a tax-withholding disposition rather than a market trade.