Director at Titan America SA (TTAM) receives 5,880 restricted stock units as equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Santos Sandra Maria Soares reported acquisition or exercise transactions in this Form 4 filing.
Titan America SA director Santos Sandra Maria Soares received a grant of restricted stock units as equity compensation. On May 5, 2026, she was awarded 5,880 RSUs tied to Titan America SA common stock at no purchase price. Each RSU represents a right to receive one share of common stock when it settles.
The 5,880 RSUs vest on March 31, 2027, if she continues to serve with the company through that date. The grant can be forfeited or vest earlier under certain conditions described in its terms. Following this grant, her reported derivative holdings from this award total 5,880 RSUs.
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 |
|---|---|---|---|---|
| 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
RSU-to-share ratio: 1 RSU : 1 share
Vesting date: March 31, 2027
+2 more
5 metrics
RSUs granted
5,880 units
Restricted Stock Units - 2026 Grant awarded on May 5, 2026
RSU-to-share ratio
1 RSU : 1 share
Each RSU represents one share of Titan America SA common stock
Vesting date
March 31, 2027
RSUs vest subject to continued service through this date
Price per RSU
$0.00
Grant/award acquisition with no purchase price
Holdings after grant
5,880 RSUs
Total derivative holdings from this award following transaction
Key Terms
Restricted Stock Units, RSU, vest, accelerated vesting, +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.
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, 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.
accelerated vesting financial
"The grant is subject to forfeiture and accelerated vesting in accordance with its terms"
contingent right financial
"Each restricted stock unit (RSU) represents a contingent right to receive one share"
FAQ
What insider transaction did Titan America SA (TTAM) report for Santos Sandra Maria Soares?
Titan America SA reported that director Santos Sandra Maria Soares received a grant of 5,880 restricted stock units (RSUs). The award is a form of equity compensation, giving her rights to Titan America SA common stock if vesting conditions are satisfied by the specified date.
How many restricted stock units did the TTAM director receive in this Form 4 filing?
The director received 5,880 restricted stock units. Each RSU corresponds to one share of Titan America SA common stock upon settlement, so the award represents potential future ownership of 5,880 shares if the vesting requirements are fully met at the vesting date.
When do the 5,880 RSUs granted to the Titan America SA director vest?
The 5,880 RSUs vest on March 31, 2027. Vesting is contingent on the director’s continued service with Titan America SA through that date, meaning she must remain in her role until then to earn the full award of underlying common shares.
What does each RSU in the Titan America SA Form 4 represent?
Each RSU represents a contingent right to receive one share of Titan America SA common stock. The right becomes effective only upon vesting and settlement, so the director does not receive actual shares or voting rights until the vesting conditions are satisfied and shares are delivered.
Are the RSUs granted to the TTAM director immediately owned and unrestricted?
No, the RSUs are subject to vesting and potential forfeiture. The award vests on March 31, 2027, assuming continued service, and can be forfeited or vest earlier under certain conditions. Until settlement, they remain a contingent equity-based compensation promise, not unrestricted shares.
How many RSUs does the Titan America SA director hold after this grant?
After this transaction, the Form 4 shows the director holding 5,880 RSUs from this grant. These units are derivative securities tied to Titan America SA common stock and will convert into an equal number of shares only if the vesting and settlement conditions are fully satisfied.