Titan America (TTAM) director acquires 5,849 shares from RSU vesting

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

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.

Insider Trade Summary

5,849 shares exercised/converted

Mixed 2 txns

Insider Van der Smissen Willem Jozef Ludwig

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	5,849	$0.00	--
Exercise	Common Stock	5,849	$0.00	--

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Common Stock — 5,849 shares (Direct)

Footnotes (1)

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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.

Form 4 Insider Transactions: What Each Field Means →

04/09/2026 - 03:59 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)
03/31/2026

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)
Common Stock	03/31/2026		M		5,849	A	⁽¹⁾	5,849	D

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	⁽¹⁾	03/31/2026		M			5,849	⁽¹⁾	⁽¹⁾	Common Stock	5,849	⁽¹⁾	0	D

Explanation of Responses:

1. 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.

Remarks:

	/s/ Matthew T. Franklin, Attorney-in-Fact	04/09/2026
	** 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 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.

How many Titan America (TTAM) shares did the director acquire in this transaction?

The director acquired 5,849 shares of Titan America common stock through the vesting of 5,849 restricted stock units. Each RSU converted into one share on March 31, 2026, resulting in direct ownership of 5,849 common shares after the transaction was completed.

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.