Titan America director shares withheld for RSU taxes
Titan America SA director Van der Smissen Willem Jozef Ludwig reported a tax-related share disposition.
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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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 3,130 | $15.46 | $48K |
Footnotes (1)
- F1. Shares withheld to cover tax obligation from settlement of vested RSUs.
Key Figures
Key Terms
RSUs financial
tax-withholding disposition financial
Common Stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Titan America (TTAM) report on this Form 4?
Was the Titan America (TTAM) Form 4 transaction an open-market sale?
What does the tax-withholding disposition mean for Titan America (TTAM) investors?
AI-generated analysis. How Rhea-AI works. Not financial advice.