Titan America awards 8,149 RSUs to CAO
Quirk Daniel Wollaston reported acquisition or exercise transactions in this Form 4 filing.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
Quirk Daniel Wollaston reported acquisition or exercise transactions in this Form 4 filing.
Titan America SA granted Chief Accounting Officer Daniel Wollaston Quirk 8,149 restricted stock units (RSUs) tied to its common stock. Each RSU represents a right to receive one share upon settlement. The RSUs vest on March 31, 2029, contingent on Mr. Quirk’s continued employment or service, and are subject to forfeiture or accelerated vesting under the grant’s terms.
Insider Trade Summary
Grant/Award: 8,149 shares
Grant/Award
1 txn
Insider
Quirk Daniel Wollaston
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units - 2026 Grant | 8,149 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units - 2026 Grant — 8,149 contracts (Direct)
Holdings Before and After:
Restricted Stock Units - 2026 Grant, 0 to 8,149 contracts (Direct)
Footnotes (1)
- F1. Each restricted stock unit (RSU) represents a contingent right to receive one share of Titan America SA common stock upon settlement. The RSUs vest on March 31, 2029, subject to continued employment or service through such vesting date of the Reporting Person. The grant is subject to forfeiture and accelerated vesting in accordance with its terms.
Key Figures
RSUs granted: 8,149 units
Underlying shares: 8,149 shares
Post-grant RSU holdings: 8,149 units
+2 more
5 metrics
RSUs granted
8,149 units
Restricted Stock Units - 2026 Grant to Chief Accounting Officer
Underlying shares
8,149 shares
Common stock potentially issuable upon RSU settlement
Post-grant RSU holdings
8,149 units
Total RSUs held by reporting person after this transaction
Vesting date
March 31, 2029
RSUs vest subject to continued employment or service through this date
Transaction price
$0.00 per unit
Compensation grant with no cash exercise price on award
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"
A contract feature that makes stock awards, options, or restricted shares become owned or exercisable earlier than the original schedule. It shortens or cancels the waiting period so recipients can sell, transfer, or exercise their equity sooner — think of a timed lock that is unlocked ahead of schedule. It matters to investors because it changes when shares enter the market, who controls them, and how much dilution or ownership concentration happens.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Titan America (TTAM) report on this Form 4?
Titan America reported a grant of 8,149 restricted stock units to its Chief Accounting Officer, Daniel Wollaston Quirk. These RSUs are a form of equity compensation that convert into common shares upon vesting, aligning the executive’s interests with long-term shareholder value.
How many RSUs did Titan America (TTAM) grant to the Chief Accounting Officer?
Titan America granted 8,149 restricted stock units to its Chief Accounting Officer. Each RSU represents a contingent right to receive one share of Titan America SA common stock upon settlement, giving the officer potential future ownership if vesting and service conditions are satisfied.
When do the granted Titan America (TTAM) RSUs vest for the Chief Accounting Officer?
The 8,149 restricted stock units vest on March 31, 2029. Vesting requires the Chief Accounting Officer to remain employed or in service through that date, making the award a long-term incentive linked to continued tenure and company performance over several years.
What conditions apply to the Titan America (TTAM) RSU award reported in this Form 4?
The RSU award is subject to continued employment or service through March 31, 2029, for vesting. The grant can be forfeited or vest earlier under its terms, meaning changes in employment status or specific plan provisions could affect how many units ultimately settle into shares.
Does the Titan America (TTAM) RSU grant involve an immediate stock purchase or sale?
No, the RSU grant does not involve an open-market stock purchase or sale. It is a compensation award giving the officer a right to receive shares in the future, subject to vesting, rather than a cash transaction at a market price on the grant date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
