Director at Titan America (TTAM) receives 5,880 restricted stock units vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bachmann James W. reported acquisition or exercise transactions in this Form 4 filing.
Titan America SA director James W. Bachmann received a grant of 5,880 restricted stock units (RSUs) linked to the company’s common stock. Each RSU represents a right to receive one share upon settlement, giving him 5,880 RSUs following this award.
The RSUs vest on March 31, 2027, provided he continues in service through that date. The grant is subject to possible forfeiture and also includes provisions for accelerated vesting under certain conditions, reflecting a compensation award rather than an open-market share purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bachmann James W.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units - 2026 Grant | 5,880 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units - 2026 Grant — 5,880 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 5,880 units
Total RSUs after grant: 5,880 units
Transaction price per RSU: $0.00 per unit
+1 more
4 metrics
RSUs granted
5,880 units
Restricted Stock Units - 2026 Grant to director
Total RSUs after grant
5,880 units
Total shares following transaction
Transaction price per RSU
$0.00 per unit
Equity compensation grant, not open-market purchase
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 of the Reporting Person"
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"
FAQ
What insider transaction did Titan America SA (TTAM) disclose for James W. Bachmann?
Titan America SA reported that director James W. Bachmann received a grant of 5,880 restricted stock units. Each RSU represents a contingent right to receive one share of common stock, increasing his directly held RSU-based equity compensation position to 5,880 units after the award.
How many Titan America SA (TTAM) RSUs were granted to James W. Bachmann?
James W. Bachmann was granted 5,880 restricted stock units from Titan America SA. These RSUs entitle him to receive 5,880 shares of common stock upon settlement, subject to vesting conditions and potential forfeiture under the terms of the award.
When do James W. Bachmann’s Titan America SA (TTAM) RSUs vest?
The 5,880 restricted stock units granted to James W. Bachmann vest on March 31, 2027. Vesting requires his continued service through that date, and the grant terms also allow for possible forfeiture or accelerated vesting depending on specified conditions.
Is the Titan America SA (TTAM) RSU grant to James W. Bachmann an open-market purchase?
No, the RSU grant to James W. Bachmann is a compensation award, not an open-market purchase. It was reported with code “A” for grant or award, carries a transaction price of $0.00 per unit, and depends on future vesting rather than immediate cash investment.
What does each Titan America SA (TTAM) RSU granted to James W. Bachmann represent?
Each restricted stock unit represents a contingent right to receive one share of Titan America SA common stock. Shares are only delivered upon settlement after vesting on March 31, 2027, and may be forfeited or vest earlier if specific accelerated vesting conditions occur.
How many Titan America SA (TTAM) RSUs does James W. Bachmann hold after this filing?
Following this reported transaction, James W. Bachmann holds 5,880 restricted stock units. The Form 4 shows total RSUs following the grant equal to 5,880, all reported as directly owned and tied to future vesting and settlement into common stock.