Titan America CFO adds shares via dividend reinvestment
Titan America SA Chief Financial Officer Wilt Lawrence Hugh Jr. reported a small change in his holdings due to dividend reinvestment.
Rhea-AI Filing Summary
Titan America SA Chief Financial Officer Wilt Lawrence Hugh Jr. reported a small change in his holdings due to dividend reinvestment. On the reported date, he acquired 48.297 shares of common stock through automatic reinvestment of dividends, a routine, non-market transaction. After this adjustment, he directly holds a total of 20,048.297 Titan America common shares.
Positive
- None.
Negative
- None.
Insights
Routine dividend reinvestment modestly increases the CFO’s direct holdings.
The filing shows Titan America’s CFO added 48.297 common shares via a dividend reinvestment plan at a reference price of $16.56 per share. This is coded as an "other" transaction, not an open-market buy or sell.
Following the transaction, his direct ownership rises to 20,048.297 shares. The scale is very small and arises from an automatic dividend feature rather than an active trading decision, so it carries limited informational value for assessing management’s view of the stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 48.297 | $16.56 | $799.80 |
Footnotes (1)
- F1. The securities were acquired by Reporting Person via a reinvestment of dividends.
Key Figures
Key Terms
dividend reinvestment financial
Common Stock financial
Form 4 regulatory
non-derivative financial
Other acquisition or disposition regulatory
FAQ
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What insider transaction did Titan America (TTAM) report for its CFO?
Was the Titan America (TTAM) CFO’s Form 4 trade an open-market buy or sell?
Does the Titan America (TTAM) Form 4 indicate any derivative securities for the CFO?
AI-generated analysis. How Rhea-AI works. Not financial advice.