Does each RSU granted by Titan America (TTAM) equal one share of common stock?

Yes. Each restricted stock unit represents a contingent right to receive one share of Titan America SA common stock upon settlement. This one-for-one structure makes RSUs a straightforward form of equity compensation linked directly to the company’s common shares.

Director at Titan America (TTAM) awarded 5,880 RSUs for service

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

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.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Van der Smissen Willem Jozef Ludwig

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 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"

grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Form 4 Insider Transactions: What Each Field Means →

05/07/2026 - 02:38 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Van der Smissen Willem Jozef Ludwig

(Last)

(First)

(Middle)

5700 LAKE WRIGHT DRIVE, SUITE 300

(Street)

NORFOLK

VIRGINIA

23502

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Titan America SA [ TTAM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/05/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units - 2026 Grant	⁽¹⁾	05/05/2026		A		5,880		⁽¹⁾	⁽¹⁾	Common Stock	5,880	$0	5,880	D

Explanation of Responses:

1. 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.

Remarks:

	/s/ Matthew T. Franklin, Attorney-in-Fact	05/07/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

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.