Zarkalis Vassilios 4

What Happened

• Vassilios Zarkalis, President, CEO and director of Titan America SA, received a grant of 34,610 restricted stock units (RSUs) reported on 2026-04-01. The Form 4 lists the acquisition as a derivative award at $0.00 (RSUs are contingent rights to receive shares upon settlement), so no cash purchase or sale occurred.

Key Details

• Transaction date: 2026-04-01; Filing date: 2026-04-02 (filed within the typical 2-business-day window).
• Grant size: 34,610 RSUs; reported acquisition price: $0.00 (derivative award).
• Vesting: RSUs vest on March 31, 2029, subject to continued employment/service and subject to forfeiture and potential accelerated vesting per plan terms (see footnote F1).
• Shares owned after transaction: not specified in the filing.
• Footnote: Each RSU converts to one share upon settlement; award is subject to standard forfeiture/vesting conditions.

Context

• RSU grants are compensation awards, not open-market purchases or sales; they confer a contingent right to future shares if vesting conditions are met and do not necessarily signal immediate insider buying or selling.