Bachmann James W. 4

What Happened

• James W. Bachmann, a director of Titan America SA (TTAM), was granted 5,880 restricted stock units (RSUs) on 2026-05-05. The award is reported as a derivative grant at $0.00 per share (i.e., an RSU award, not an open-market purchase or sale). No cash value or immediate share issuance is recorded in the filing.

Key Details

• Transaction date: 2026-05-05; Form 4 filed: 2026-05-07 (timely filing).
• Transaction type: Award/Grant of RSUs (code A); 5,880 RSUs granted at $0.00.
• Vesting: RSUs vest on March 31, 2027, subject to continued service; subject to forfeiture and possible accelerated vesting per plan terms (see footnote).
• Shares owned after transaction: Not specified in the provided filing.
• Filing accession: 0002035304-26-000098.

Context

• RSUs are a form of compensation that convert into one share per unit upon settlement/vesting; they are not the same as an immediate stock purchase and do not signal an immediate cash outlay or sale.
• Because vesting is conditional on continued service and the award can be forfeited, this is primarily a compensation event rather than a trading signal.