Titan America director receives 5,849 RSU shares
Titan America SA director Van der Smissen Willem Jozef Ludwig exercised restricted stock units into common shares as part of equity compensation.
Rhea-AI Filing Summary
Titan America SA director Van der Smissen Willem Jozef Ludwig exercised restricted stock units into common shares as part of equity compensation. On March 31, 2026, 5,849 RSUs converted into 5,849 shares of common stock at a stated price of $0.00 per share. Following the transaction, he directly holds 5,849 common shares, and there are no remaining RSUs from this grant. A footnote explains that each RSU represented a contingent right to receive one share of common stock that vested on March 31, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,849 shares exercised/converted
Exercise
2 txns
Insider
Van der Smissen Willem Jozef Ludwig
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 5,849 | $0.00 | $0.00 |
| Exercise | Common Stock | 5,849 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Common Stock — 5,849 shares (Direct)
Footnotes (1)
- F1. Shares of Titan America SA common stock (Common Stock) acquired upon vesting of restricted stock units (RSUs) on March 31, 2026. Each RSU represents a contingent right to receive one share of Common Stock.
Key Figures
RSUs exercised: 5,849 units
Common shares acquired: 5,849 shares
Exercise price: $0.00 per share
+2 more
5 metrics
RSUs exercised
5,849 units
Restricted stock units vested on March 31, 2026
Common shares acquired
5,849 shares
Common stock received upon RSU conversion on March 31, 2026
Exercise price
$0.00 per share
Stated price for RSU conversion into common stock
Shares held after transaction
5,849 shares
Director’s direct common stock holdings following RSU vesting
Derivative exercises
1 transaction, 5,849 shares
ExerciseCount and exerciseShares in transaction summary
Key Terms
Restricted Stock Units, Common Stock, contingent right, derivative security
4 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units""
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.
Common Stock financial
"underlying_security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
contingent right financial
"Each RSU represents a contingent right to receive one share"
derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Titan America (TTAM) report in this Form 4?
Titan America reported that director Van der Smissen Willem Jozef Ludwig exercised 5,849 restricted stock units into 5,849 shares of common stock. The transaction occurred on March 31, 2026, reflecting routine vesting of equity compensation rather than an open-market stock purchase or sale.
Was the Titan America (TTAM) Form 4 transaction a stock sale or a purchase?
The Form 4 shows an acquisition via derivative exercise, not a sale or open-market purchase. Restricted stock units vested and converted into 5,849 common shares at a stated price of zero, consistent with stock-based compensation rather than trading activity in the market.
What are restricted stock units (RSUs) in the Titan America (TTAM) Form 4?
In this filing, each Titan America restricted stock unit represents a contingent right to receive one share of common stock. On March 31, 2026, 5,849 RSUs vested, automatically converting into 5,849 common shares, which the director now holds directly as part of his equity compensation.
How many derivative securities remain after this Titan America (TTAM) RSU vesting?
The filing shows no remaining derivative securities related to this RSU award after vesting. The derivative summary is empty, and the RSU position following the transaction is zero, indicating all 5,849 restricted stock units were fully converted into common shares on March 31, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
