Antholis William John 4
Research Summary
AI-generated summary
Titan America (TTAM) Director Antholis Receives RSU Award
What Happened
William John Antholis, a director of Titan America SA (TTAM), was granted 2,014 restricted stock units (RSUs) on May 5, 2026. The Form 4 reports the grant as a derivative acquisition at $0.00 (reported value $0) — this is an award/grant, not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-05-05; filing date (accession): 2026-05-07 (filed within the normal reporting window).
- Instrument: 2,014 Restricted Stock Units (RSUs); reported price per unit $0.00 (derivative award).
- Vesting/conditions: RSUs vest on March 31, 2027 and are subject to forfeiture and potential accelerated vesting per the award terms (see footnote F1).
- Shares owned after transaction: Not specified in the filing.
- Transaction code: A (award/grant).
Context
RSUs are a contingent right to receive common shares upon settlement and vesting; they do not represent immediate share ownership or an immediate cash outlay by the insider. Grants are common as compensation/retention tools and do not, by themselves, indicate the insider is buying or selling stock.