Titan America SA·4

May 19, 4:45 PM ET

Santos Sandra Maria Soares 4

Research Summary

AI-generated summary

Updated

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.