Titan America SA (TTAM) awards 13,454 RSUs to Chief Legal Counsel
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CHRISTY JOHN WILLIAM reported acquisition or exercise transactions in this Form 4 filing.
Titan America SA Chief Legal Counsel John William Christy received a grant of 13,454 restricted stock units tied to the company’s common stock. Each unit represents the right to receive one share upon settlement. The RSUs vest on March 31, 2029, if he remains in service through that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CHRISTY JOHN WILLIAM
Role
Chief Legal Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units - 2026 Grant | 13,454 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units - 2026 Grant — 13,454 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 13,454 units
Shares following transaction: 13,454 units
Exercise price: $0.00 per unit
+2 more
5 metrics
RSUs granted
13,454 units
Restricted Stock Units - 2026 Grant to Chief Legal Counsel
Shares following transaction
13,454 units
Total restricted stock units held after grant
Exercise price
$0.00 per unit
RSU grant has no exercise price
Vesting date
March 31, 2029
RSUs vest subject to continued employment or service
Underlying common shares
13,454 shares
One share of common stock per RSU upon settlement
Key Terms
Restricted Stock Units, contingent right, vest, forfeiture, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit (RSU) represents a contingent right"
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.
contingent right financial
"represents a contingent right to receive one share of Titan America SA"
vest financial
"The RSUs vest on March 31, 2029, subject to continued employment"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
forfeiture financial
"The grant is subject to forfeiture and accelerated vesting"
accelerated vesting financial
"subject to forfeiture and accelerated vesting in accordance with its terms"
FAQ
What insider transaction did Titan America SA (TTAM) report for John William Christy?
Titan America SA reported that Chief Legal Counsel John William Christy received 13,454 restricted stock units. These RSUs were granted as compensation and each unit represents a contingent right to receive one share of Titan America SA common stock upon settlement.
How many restricted stock units did TTAM grant to its Chief Legal Counsel?
Titan America SA granted 13,454 restricted stock units to its Chief Legal Counsel. These units are linked to an equal number of Titan America SA common shares, which may be delivered upon settlement if vesting conditions are satisfied according to the award’s terms.
When do John William Christy’s Titan America SA RSUs vest?
The restricted stock units granted to John William Christy vest on March 31, 2029. Vesting is conditioned on his continued employment or service with Titan America SA through that date, and the grant may be forfeited or vest earlier under its specific terms.
What does each RSU represent in the Titan America SA (TTAM) Form 4 filing?
Each restricted stock unit represents a contingent right to receive one share of Titan America SA common stock. Actual share delivery occurs upon settlement if the RSUs vest under the award’s conditions, including continued employment or service and any applicable forfeiture or acceleration provisions.