Titan America (TTAM) awards 13,681 RSUs to President of Titan Mid-Atlantic
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Baird Kevin Brian reported acquisition or exercise transactions in this Form 4 filing.
Titan America SA reported that President, Titan Mid-Atlantic Kevin Brian Baird received a grant of 13,681 restricted stock units (RSUs) tied to the company’s common stock. This award is compensation-related, not an open-market trade, and represents his direct holdings after the transaction.
Each RSU represents a contingent right to receive one share of Titan America SA common stock upon settlement. The RSUs are scheduled to vest on March 31, 2029, if Baird remains employed or in service through that date, and are subject to forfeiture or accelerated vesting under the grant’s terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Baird Kevin Brian
Role
President, Titan Mid-Atlantic
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units - 2026 Grant | 13,681 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units - 2026 Grant — 13,681 shares (Direct)
Footnotes (1)
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Key Figures
RSU grant size: 13,681 units
Shares underlying RSUs: 13,681 shares
Post-transaction RSU holdings: 13,681 units
+1 more
4 metrics
RSU grant size
13,681 units
Restricted Stock Units - 2026 Grant to President, Titan Mid-Atlantic
Shares underlying RSUs
13,681 shares
Each RSU represents one share of common stock upon settlement
Post-transaction RSU holdings
13,681 units
Total RSUs held directly after the grant
RSU vesting date
March 31, 2029
Vesting contingent on continued employment or 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, 2029, subject to continued employment or service"
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) report for Kevin Brian Baird?
Titan America SA reported that Kevin Brian Baird, President of Titan Mid-Atlantic, received a grant of 13,681 restricted stock units. These units are a form of equity compensation that convert into common shares upon settlement, rather than a market purchase or sale of stock.
How many restricted stock units did Kevin Brian Baird receive from Titan America SA (TTAM)?
Kevin Brian Baird received 13,681 restricted stock units from Titan America SA. Each RSU represents a contingent right to one share of common stock upon settlement, aligning his compensation with future company performance and continued service to the company over the vesting period.
When do Kevin Brian Baird’s Titan America SA (TTAM) RSUs vest?
Kevin Brian Baird’s restricted stock units are scheduled to vest on March 31, 2029. Vesting requires that he remain employed or in service with Titan America SA through that date, and the grant is subject to potential forfeiture or accelerated vesting under its terms.
Are Kevin Brian Baird’s Titan America SA (TTAM) RSUs an open-market stock purchase?
No, the 13,681 restricted stock units are a compensation grant, not an open-market purchase. They provide a contingent right to receive Titan America SA common shares upon settlement and vesting, reflecting equity-based pay rather than a voluntary buy or sell in the market.
What conditions apply to Titan America SA (TTAM) RSUs granted to Kevin Brian Baird?
The RSUs represent a contingent right to receive one Titan America SA common share per unit and vest on March 31, 2029, if employment or service continues. The award may be forfeited or vest earlier under specific grant terms, such as defined accelerated vesting provisions.