Tax withholding trims Titan America (TTAM) director’s reported share stake

Rhea-AI Filing Summary

Titan America SA director Van der Smissen Willem Jozef Ludwig reported a tax-related share disposition. On settlement of vested RSUs, 3,130 shares of common stock were withheld at $15.46 per share to cover tax obligations, as noted in the footnote.

Following this withholding, the director holds 2,719 common shares directly. This Form 4 reflects a tax-withholding disposition rather than an open-market purchase or sale, so it primarily updates the record of the director’s current ownership in Titan America.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Van der Smissen Willem Jozef Ludwig

Role null

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	3,130	$15.46	$48K

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

Footnotes (1)

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Key Figures

Shares withheld for taxes: 3,130 shares Tax withholding share price: $15.46 per share Shares held after transaction: 2,719 shares

3 metrics

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

Tax withholding share price $15.46 per share Price applied to withheld shares

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

Key Terms

RSUs, tax-withholding disposition, Common Stock

3 terms

RSUs financial

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

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

tax-withholding disposition financial

"transaction_action: tax-withholding disposition for Common Stock"

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.

Common Stock financial

"transaction in Common Stock with shares withheld at a set price"

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.

Form 4 Insider Transactions: What Each Field Means →

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)
05/18/2026

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)

FAQ

What insider transaction did Titan America (TTAM) report on this Form 4?

Titan America reported a director’s tax-related share disposition. 3,130 common shares were withheld at $15.46 per share to satisfy tax obligations from vested RSUs, reducing the director’s directly held stake but not involving any open-market buying or selling activity.

Was the Titan America (TTAM) Form 4 transaction an open-market sale?

No, the Form 4 does not show an open-market sale. The 3,130 shares were withheld to cover taxes from the settlement of vested RSUs, a routine compensation and tax event rather than a discretionary trade in Titan America’s common stock on the open market.

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

After the transaction, the director directly holds 2,719 Titan America common shares. This figure reflects the position after 3,130 shares were withheld to satisfy tax obligations on vested RSUs, updating investors on the director’s current reported ownership level.

What does the tax-withholding disposition mean for Titan America (TTAM) investors?

The tax-withholding disposition is a standard administrative event. Shares were retained by the issuer to pay taxes on vested RSUs, rather than sold into the market. For investors, it mainly updates insider ownership records, without signaling a discretionary bullish or bearish trade.

What is the price per share used in this Titan America (TTAM) tax withholding?

The tax withholding used a price of $15.46 per Titan America common share. This price is applied to the 3,130 shares withheld to cover the director’s tax obligations arising from the settlement of vested restricted stock units, as reported in the Form 4 filing.