Morin Jason Pierre 4
Research Summary
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Titan America (TTAM) President Jason Morin Receives RSU Award
What Happened Jason Pierre Morin, President of Titan Florida (Titan America SA), was granted 17,641 restricted stock units (RSUs) on April 1, 2026. The Form 4 reports the grant as a derivative award at $0.00 per unit (code A); no cash was exchanged at grant. This is a compensation award rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-01; Form 4 filed: 2026-04-02.
- Transaction type: Grant / Award (derivative RSUs), 17,641 units, $0.00 reported per unit.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: Each RSU is a contingent right to one share upon settlement; RSUs vest March 31, 2029 subject to continued employment/service and are subject to forfeiture and possible accelerated vesting per the award terms (see footnote F1).
- Timeliness: Filing appears timely (filed the next day).
Context RSUs are a form of equity compensation that convert to company shares only if and when they vest and are settled; they do not represent immediate share ownership or market purchases. Such awards are common for executive compensation and should not be interpreted alone as a buy/sell signal.