Titan America director granted 5,880 RSUs
Van der Smissen Willem Jozef Ludwig reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Van der Smissen Willem Jozef Ludwig reported acquisition or exercise transactions in this Form 4 filing.
Titan America SA director Van der Smissen Willem Jozef Ludwig received a grant of 5,880 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Titan America SA common stock upon settlement.
The RSUs vest on March 31, 2027, provided he continues serving the company through that date. The award is subject to forfeiture and potential accelerated vesting under its terms. Following this grant, his reported holdings for this RSU award total 5,880 units.
Positive
- None.
Negative
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Insider Trade Summary
Grant/Award: 5,880 shares
Grant/Award
1 txn
Insider
Van der Smissen Willem Jozef Ludwig
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units - 2026 Grant | 5,880 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units - 2026 Grant — 5,880 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, 2027, subject to the continued service of the Reporting Person through such vesting date. The grant is subject to forfeiture and accelerated vesting in accordance with its terms.
Key Figures
RSUs granted: 5,880 units
Vesting date: March 31, 2027
RSU-to-share ratio: 1 RSU : 1 share
+2 more
5 metrics
RSUs granted
5,880 units
Restricted Stock Units - 2026 Grant to director
Vesting date
March 31, 2027
RSUs vest subject to continued service
RSU-to-share ratio
1 RSU : 1 share
Each RSU equals one share of common stock upon settlement
Transaction price per unit
$0.00 per RSU
Equity grant, not an open-market purchase
Holdings after transaction
5,880 RSUs
Total reported RSUs following the grant
Key Terms
Restricted Stock Units, vest, forfeiture, 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.
vest financial
"The RSUs vest on March 31, 2027, subject to the continued 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
"The grant is 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.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
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 that director Van der Smissen Willem Jozef Ludwig received a grant of 5,880 restricted stock units. These RSUs are a form of equity compensation that may convert into common shares if vesting conditions are satisfied on the specified future date.
How many Titan America (TTAM) restricted stock units were granted to the director?
The director was granted 5,880 restricted stock units. Each RSU represents a contingent right to receive one share of Titan America SA common stock upon settlement, giving the director potential future ownership if the vesting requirements are met.
What are the vesting terms for the 5,880 RSUs at Titan America (TTAM)?
The 5,880 restricted stock units vest on March 31, 2027. Vesting is contingent on the continued service of the reporting person through that date, meaning the director must remain in service to receive the underlying common shares at settlement.
What is the director’s reported holding after this Titan America (TTAM) RSU grant?
After the grant, the director’s reported holding for this RSU award is 5,880 units. These RSUs are subject to forfeiture and possible accelerated vesting according to the award’s terms, and will convert into common shares only if vesting conditions are satisfied.
Is the Titan America (TTAM) RSU grant an open-market stock purchase or sale?
No. The transaction is classified as a grant or award acquisition of restricted stock units, with a transaction price per unit of zero. It reflects equity compensation rather than an open-market purchase or sale of Titan America SA common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
