Titan America SA (TTAM) CFO awarded 10,921 restricted stock units in 2026 grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wilt Lawrence Hugh Jr. reported acquisition or exercise transactions in this Form 4 filing.
Titan America SA Chief Financial Officer Wilt Lawrence Hugh Jr. received a grant of 10,921 restricted stock units (RSUs) tied to the company’s common stock. Each RSU represents a right to receive one share upon settlement.
The RSUs vest on March 31, 2029, provided he remains in employment or service through that date, and are subject to forfeiture and potential accelerated vesting under the grant terms. Following this award, he directly holds 10,921 RSUs and reported no share purchases or sales in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wilt Lawrence Hugh Jr.
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units - 2026 Grant | 10,921 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units - 2026 Grant — 10,921 shares (Direct)
Footnotes (1)
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Key Figures
RSUs granted: 10,921 units
Transaction price per RSU: $0.0000
Underlying common shares: 10,921 shares
+2 more
5 metrics
RSUs granted
10,921 units
2026 RSU grant to CFO on April 1, 2026
Transaction price per RSU
$0.0000
Compensation grant, not a cash purchase
Underlying common shares
10,921 shares
Each RSU represents one Titan America SA common share
Total RSUs after transaction
10,921 units
Securities beneficially owned following reported transaction
Vesting date
March 31, 2029
RSUs vest subject to continued employment or service
Key Terms
Restricted Stock Units, contingent right, vesting, 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"
vesting financial
"The RSUs vest on March 31, 2029, subject to continued employment or service"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the 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"
FAQ
What insider transaction did Titan America SA (TTAM) report for its CFO?
Titan America SA reported that CFO Wilt Lawrence Hugh Jr. received a grant of 10,921 restricted stock units. These RSUs are a stock-based compensation award, not an open-market share purchase or sale, and represent potential future common shares upon settlement if they vest.
How many Titan America SA (TTAM) RSUs were granted to the CFO and at what price?
The CFO was granted 10,921 restricted stock units with a stated transaction price per unit of $0.0000. This reflects a compensation grant rather than a cash purchase, giving him a contingent right to receive an equal number of Titan America SA common shares upon settlement.
When do the newly granted Titan America SA (TTAM) RSUs vest for the CFO?
The RSUs granted to the CFO vest on March 31, 2029. Vesting is contingent on his continued employment or service with Titan America SA through that date, and the award is also subject to forfeiture and possible accelerated vesting as described in the grant terms.
How many Titan America SA (TTAM) RSUs does the CFO hold after this transaction?
After this grant, the CFO directly holds 10,921 restricted stock units linked to Titan America SA common stock. This entire reported position comes from the 2026 RSU grant disclosed, as shown by the total securities beneficially owned following the reported transaction.