TIC Solutions (TIC) insider details stock dividend and share distribution
Rhea-AI Filing Summary
TIC Solutions, Inc. reported insider transactions by a director involving Common Stock and Series A Preferred Stock. On 12/31/2025, Mariposa Acquisition IX, LLC received 120,244 shares of Common Stock as a stock dividend on its Series A Preferred Stock, at a stated price of $0.00 per share. This dividend is calculated annually based on the market price of TIC’s Common Stock for the last ten trading days of the calendar year.
On 01/02/2026, Mariposa Acquisition IX, LLC disposed of 1,117,394 shares of Common Stock in a pro rata distribution to its members, and the same 1,117,394 shares were acquired by the RAEF Family Trust. The director is a trustee and beneficiary of the trust and of an interest in Mariposa IX and disclaims beneficial ownership beyond his pecuniary interest. The filing also notes 185,000 shares of Series A Preferred Stock held via Mariposa IX, convertible one-for-one into Common Stock at any time at the holder’s election, and automatically by December 31, 2034 or upon a defined change of control event.
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