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  4. [Form 4/A] TIC Solutions, Inc. Amended Insider Trading Activity

TIC Solutions (TIC) CEO updates RSU holdings and awards

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

TIC Solutions, Inc. Chief Executive Officer Benjamin Heraud updated his equity holdings in an amended Form 4. He now directly holds 115,465 shares of Common Stock plus several blocks of restricted stock units (RSUs) and performance-based RSUs that each represent the right to receive one share of Common Stock.

The filing corrects a prior Form 4 by adding a grant of 49,301 RSUs that was inadvertently omitted. These RSUs vest on March 16, 2029. Other RSUs referenced include 35,715 units vesting on March 16, 2029 and 76,755 units vesting on September 30, 2028.

The amendment also reports that 35,714 performance-based RSUs were disposed of to the issuer and forfeited because minimum performance criteria were not met. Separate performance-based RSUs covering 153,508 underlying shares remain outstanding, with a three-year performance period and potential vesting on March 16, 2029 depending on financial performance.

Positive

  • None.

Negative

  • None.
Insider Heraud Benjamin
Role Chief Executive Officer
Type Security Shares Price Value
Grant/Award Restricted Stock Units 49,301 $0.00 --
Disposition Performance Based Restricted Stock Units 35,714 $0.00 --
holding Restricted Stock Units -- -- --
holding Performance Based Restricted Stock Units -- -- --
holding Restricted Stock Units -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units — 49,301 shares (Direct, null); Performance Based Restricted Stock Units — 0 shares (Direct, null); Common Stock — 115,465 shares (Direct, null)
Footnotes (1)
  1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock. On March 18, 2026, the Reporting Person filed a Form 4 which inadvertently omitted a grant of 49,301 restricted stock units. These restricted stock units vest on March 16, 2029. Each performance based restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock. These performance based restricted stock units have a three-year performance period and to the extent earned will vest on March 16, 2029. The number of shares of Common Stock that will be earned is subject to increase or decrease based on the result of the performance condition. These restricted stock units vest on September 30, 2028. The performance based restricted stock units previously reported as acquired by the Reporting Person were forfeited because the minimum performance criteria required for vesting was not met. These performance based restricted stock units provided for vesting upon certain financial performance metrics of NV5 being met and to the extent earned would have vested on September 30, 2026. The number of shares of Common Stock that could have been earned was subject to decrease based on the results of the performance condition.
Common stock held 115,465 shares Directly held after reported transactions
New RSU grant 49,301 RSUs Previously omitted grant vesting on March 16, 2029
Forfeited performance-based RSUs 35,714 units Disposed to issuer after minimum performance criteria not met
Outstanding performance-based RSUs 153,508 underlying shares Three-year performance period; potential vesting on March 16, 2029
RSUs vesting 2029 35,715 units Restricted stock units vesting on March 16, 2029
RSUs vesting 2028 76,755 units Restricted stock units vesting on September 30, 2028
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Performance based restricted stock units financial
"Each performance based restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock."
Disposition to issuer financial
"transaction_action": "issuer disposition""
performance condition financial
"The number of shares of Common Stock that will be earned is subject to increase or decrease based on the result of the performance condition."
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock."
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Heraud Benjamin
(Last)(First)(Middle)
C/O TIC SOLUTIONS, INC.
200 SOUTH PARK ROAD, SUITE 350
(Street)
HOLLYWOOD FLORIDA 33021
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
TIC Solutions, Inc. [ TIC ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/16/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)
03/18/2026
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock115,465D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)03/16/2026A49,301(2) (3) (3)Common Stock49,301$049,301D
Restricted Stock Units(1) (3) (3)Common Stock76,75576,755D
Performance Based Restricted Stock Units(4) (5) (5)Common Stock153,508153,508D
Restricted Stock Units(1) (6) (6)Common Stock35,71535,715D
Performance Based Restricted Stock Units(4)03/16/2026D35,714(7) (8) (8)Common Stock35,714$00D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
2. On March 18, 2026, the Reporting Person filed a Form 4 which inadvertently omitted a grant of 49,301 restricted stock units.
3. These restricted stock units vest on March 16, 2029.
4. Each performance based restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
5. These performance based restricted stock units have a three-year performance period and to the extent earned will vest on March 16, 2029. The number of shares of Common Stock that will be earned is subject to increase or decrease based on the result of the performance condition.
6. These restricted stock units vest on September 30, 2028.
7. The performance based restricted stock units previously reported as acquired by the Reporting Person were forfeited because the minimum performance criteria required for vesting was not met.
8. These performance based restricted stock units provided for vesting upon certain financial performance metrics of NV5 being met and to the extent earned would have vested on September 30, 2026. The number of shares of Common Stock that could have been earned was subject to decrease based on the results of the performance condition.
/s/ Mary Jo O'Brien, Attorney in Fact04/30/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did TIC (TIC) CEO Benjamin Heraud report in this amended Form 4?

The amended filing updates CEO Benjamin Heraud’s equity holdings. It adds a previously omitted grant of 49,301 restricted stock units and reports the forfeiture of 35,714 performance-based units, while detailing remaining RSU and performance-based RSU positions tied to TIC Solutions, Inc. Common Stock.

How many TIC Solutions, Inc. common shares does the CEO hold after these changes?

After these updates, Benjamin Heraud directly holds 115,465 shares of TIC Solutions, Inc. Common Stock. In addition, he has multiple blocks of restricted stock units and performance-based units outstanding, each representing a contingent right to receive one additional share of Common Stock if vesting conditions are satisfied.

What RSU grant was previously omitted and now disclosed for TIC (TIC) CEO Heraud?

The amendment discloses a grant of 49,301 restricted stock units that was inadvertently omitted from a Form 4 filed on March 18, 2026. These RSUs vest on March 16, 2029, providing future share delivery if Heraud remains eligible through the vesting date.

What performance-based RSUs were forfeited in this TIC (TIC) filing?

The filing reports that 35,714 performance-based restricted stock units were disposed of to the issuer and forfeited. The footnotes state the minimum performance criteria required for vesting were not met, so these units will not convert into TIC Solutions, Inc. Common Stock.

What performance-based RSUs remain outstanding for TIC (TIC) CEO Heraud?

Performance-based restricted stock units tied to 153,508 underlying shares of Common Stock remain outstanding. They have a three-year performance period and, to the extent earned under financial performance metrics, will vest on March 16, 2029, with the final number of shares subject to increase or decrease.

When do the TIC (TIC) CEO’s other RSU awards vest?

One RSU award of 35,715 units vests on March 16, 2029, and another award of 76,755 restricted stock units vests on September 30, 2028. Upon vesting, each restricted stock unit provides a right to receive one share of TIC Solutions, Inc. Common Stock.