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Titan America SA·4

May 19, 4:44 PM ET

Bachmann James W. 4

Research Summary

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Updated

Titan America (TTAM) Director James W. Bachmann Withholds 3,130 Shares for Taxes

What Happened
James W. Bachmann, a director of Titan America SA (TTAM), had 3,130 shares withheld on May 18, 2026 to satisfy tax obligations arising from vested restricted stock units (RSUs). The shares were valued at $15.46 each, for a total of $48,390. This transaction is a tax-withholding disposition (code F) rather than an open-market sale or a purchase.

Key Details

  • Transaction date: 2026-05-18; filing date: 2026-05-19 (next-business-day filing).
  • Price per share: $15.46; total value of shares withheld: $48,390.
  • Transaction code: F (payment of exercise price or tax liability via share withholding).
  • Footnote: F1 — shares withheld to cover tax obligation from settlement of vested RSUs.
  • Shares owned after transaction: Not disclosed in the submitted Form 4.

Context
Withholding shares to cover taxes on vested RSUs is a common administrative action and does not necessarily indicate a decision to sell holdings for other reasons. Unlike purchases, these dispositions are routine and driven by tax obligations rather than market sentiment.