Santos Sandra Maria Soares 4
4 · Titan America SA · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
Titan America (TTAM) Director Sandra Soares Withholds 3,130 Shares
What Happened
- Santos Sandra Maria Soares (Director) had 3,130 shares withheld to satisfy tax withholding related to the settlement of vested restricted stock units (RSUs). The withholding is reported as a disposal at $15.46 per share, totaling roughly $48,390. This was a tax-withholding transaction (code F), not an open-market sale.
Key Details
- Transaction date: 2026-05-18; Report filed: 2026-05-19 (timely).
- Shares withheld/disposed: 3,130 at $15.46 per share; total value ≈ $48,390.
- Transaction code: F — shares withheld to cover tax obligation from vested RSUs (footnote F1).
- Shares owned after transaction: Not specified in the provided filing details.
- Filing status: Filed the next day (no late filing indicated).
Context
- This was a routine tax-withholding event on RSU settlement (company retained shares to satisfy taxes). It is not an active market sale and does not, by itself, indicate a change in the insider’s view of the company. Retail investors typically treat withheld-share transactions as administrative rather than informative about insider sentiment.
Insider Transaction Report
Form 4
Titan America SATTAM
Santos Sandra Maria Soares
Director
Transactions
- Tax Payment
Common Stock
[F1]2026-05-18$15.46/sh−3,130$48,390→ 2,719 total
Footnotes (1)
- [F1]Shares withheld to cover tax obligation from settlement of vested RSUs.
Signature
/s/ Matthew T. Franklin, Attorney-in-Fact|2026-05-19