Antholis William John 4
Research Summary
AI-generated summary
Titan America Director William Antholis Withholds 3,130 Shares for Taxes
What Happened
William John Antholis, a director of Titan America SA (TTAM), had 3,130 shares withheld to satisfy a tax obligation tied to vested RSUs. The withholding was recorded on 2026-05-18 at a per-share value of $15.46, for a total disposition value of $48,390. This was a tax-withholding disposal (transaction code F), not an open-market sale.
Key Details
- Transaction date: May 18, 2026; filing date: May 19, 2026 (timely).
- Price: $15.46 per share; Shares withheld/disposed: 3,130; Total value: $48,390.
- Shares owned after the transaction: not disclosed in the filing.
- Footnote: F1 — Shares withheld to cover tax obligation from settlement of vested RSUs.
- Transaction type: tax withholding (routine), not a purchase (no bullish signal implied).
Context
Withholding shares to cover taxes is a common, administrative step when restricted stock units vest; it reduces the insider's outstanding shares but does not necessarily indicate a change in sentiment about the company. This was a non-market disposal to satisfy tax liabilities rather than a voluntary sale on the open market.