Titan America SA·4

Mar 23, 2:01 PM ET

Wilt Lawrence Hugh Jr. 4

Research Summary

AI-generated summary

Updated

Titan America (TTAM) CFO Wilt Lawrence Hugh Jr. Buys 20,000 Shares

What Happened

  • Wilt Lawrence Hugh Jr., Chief Financial Officer of Titan America SA, reported a purchase of 20,000 shares on 2026-03-19. The filing shows a weighted average price of $14.93 per share for a total reported outlay of $298,600. This was a purchase (insider buy), which investors often view as a potentially positive signal from management.

Key Details

  • Transaction date: 2026-03-19
  • Transaction type/code: Purchase (P) — reported as open market/private purchase
  • Price: weighted average $14.93; footnote reports individual trades ranged $14.80–$15.00
  • Total reported value: $298,600
  • Shares owned after transaction: Not disclosed in the provided filing excerpt
  • Footnote: The $14.93 is a weighted average; the reporting person will provide a breakdown of shares bought at each price within the $14.80–$15.00 range upon request (Footnote F1)
  • Filing date and timeliness: Form 4 filed 2026-03-23 — filed within the SEC two-business-day window for this transaction date (timely)
  • No 10b5-1 plan, option exercise, gift, or tax-withholding noted in the provided details

Context

  • This is a straightforward insider purchase by the company CFO. While purchases can be a helpful signal, they should be considered alongside company fundamentals, the size of the purchase relative to the insider’s holdings and company market cap, and other market news. The filing contains no indication that the shares were part of a pre-arranged trading plan.