Titan America director reports tax share withholding

Titan America SA director James W. Bachmann reported a tax-related share disposition.

Accepted by SEC EDGAR 05/19/2026 - 04:44 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Titan America SA director James W. Bachmann reported a tax-related share disposition. On May 18, 2026, 3,130 shares of common stock were withheld at $15.46 per share to cover tax from vested RSUs. Following this non-market transaction, he directly holds 2,719 shares.

Insider Trade Summary

Exercise Price or Tax Liability: 3,130 shares

Exercise Price or Tax Liability 1 txn

Insider Bachmann James W.

Role Director

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	3,130	$15.46	$48K

Holdings After Transaction: Common Stock — 2,719 shares (Direct)

Holdings Before and After: Common Stock, 5,849 to 2,719 shares (Direct)

Footnotes (1)

1. F1. Shares withheld to cover tax obligation from settlement of vested RSUs.

Key Figures

Shares withheld for taxes: 3,130 shares Withholding price: $15.46 per share Shares held after transaction: 2,719 shares +2 more

5 metrics

Shares withheld for taxes 3,130 shares Tax-withholding disposition for vested RSUs on May 18, 2026

Withholding price $15.46 per share Price applied to 3,130 shares for tax withholding

Shares held after transaction 2,719 shares Director’s direct TTAM common stock holdings post-transaction

Transaction code F Payment of tax liability by delivering securities

Transaction direction dispose Tax-withholding disposition, not open-market selling

Key Terms

tax-withholding disposition, restricted stock units, Form 4, Common Stock

4 terms

tax-withholding disposition financial

"recorded as a tax-withholding disposition, not an open-market purchase or sale"

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

restricted stock units financial

"tax obligation from settlement of vested RSUs (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.

Form 4 regulatory

"Titan America SA disclosed this insider activity in a Form 4 filing"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Common Stock financial

"3,130 common shares were withheld to satisfy taxes"

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Titan America SA (TTAM) disclose in this Form 4?

Titan America SA disclosed that director James W. Bachmann had 3,130 common shares withheld to satisfy taxes from vested RSUs. This was recorded as a tax-withholding disposition, not an open-market purchase or sale of stock.

Was the TTAM Form 4 transaction an open-market sale or purchase of shares?

The Form 4 does not show an open-market sale or purchase. Instead, 3,130 shares were withheld at $15.46 per share to cover tax obligations arising from the settlement of vested restricted stock units (RSUs) held by the director.

How many Titan America SA (TTAM) shares does the director hold after this filing?

After the reported tax-withholding disposition, director James W. Bachmann directly holds 2,719 shares of Titan America SA common stock. This figure reflects his remaining position following the 3,130 shares withheld to cover RSU-related tax obligations.

What price was used for the TTAM tax-withholding disposition on the Form 4?

The tax-withholding disposition used a price of $15.46 per share for 3,130 TTAM common shares. This value represents the price applied when shares were withheld to satisfy the director’s tax liability from the settlement of vested RSUs.

What does the F transaction code mean in the Titan America SA Form 4?

The F code in this Form 4 indicates a tax-withholding disposition, not a standard trade. It reflects shares delivered back to the issuer to pay the exercise price or tax liability, in this case tied to the settlement of vested restricted stock units.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

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^*

Bachmann James W.

(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)
05/18/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/18/2026		F(1)		3,130	D	$15.46	2,719	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares withheld to cover tax obligation from settlement of vested RSUs.

Remarks:

	/s/ Matthew T. Franklin, Attorney-in-Fact	05/19/2026
	** 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)