TIC Solutions director exercises 9,017 RSUs
TIC Solutions, Inc. director James E. Lillie exercised 9,017 Restricted Stock Units into an equal number of shares of Common Stock on July 31, 2026 at $0.00 per share, increasing his direct Common Stock holdings to 1,825,308 shares.
Rhea-AI Filing Summary
TIC Solutions, Inc. director James E. Lillie exercised 9,017 Restricted Stock Units into an equal number of shares of Common Stock on July 31, 2026 at $0.00 per share, increasing his direct Common Stock holdings to 1,825,308 shares. He also directly holds 92,500 shares of Series A Preferred Stock, convertible 1:1 into Common Stock for no additional consideration, and 12,500 Restricted Stock Units that are scheduled to vest on July 1, 2027.
Positive
- None.
Negative
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Insider Trade Summary
9,017 shares exercised/converted
Exercise
4 txns
Insider
LILLIE JAMES E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2 | 9,017 | $0.00 | $0.00 |
| Exercise | Common Stock | 9,017 | $0.00 | $0.00 |
| holding | Series A Preferred Stock F3 | -- | -- | -- |
| holding | Restricted Stock Units F1, F4 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 12,500 contracts (Direct);
Common Stock — 1,825,308 shares (Direct);
Series A Preferred Stock — 92,500 contracts (Direct)
Footnotes (4)
- F1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
- F2. These restricted stock units vested on July 31, 2026 (the one-year anniversary of the grant date).
- F3. The Series A Preferred Stock is convertible at any time at the election of the holder, on a one-for-one basis, into shares of Common Stock for no additional consideration. The Series A Preferred Stock shall automatically convert into Common Stock upon the earlier of (i) immediately following the "change in control dividend date" (as defined in the Issuer's certificate of incorporation) and (ii) December 31, 2034.
- F4. These restricted stock units vest on July 1, 2027 (the one-year anniversary of the grant date).
Key Figures
RSUs exercised into Common Stock: 9,017 shares
Common Stock holdings after transaction: 1,825,308 shares
Series A Preferred Stock holdings: 92,500 shares
+2 more
5 metrics
RSUs exercised into Common Stock
9,017 shares
Restricted Stock Units converted on July 31, 2026 at $0.00 per share
Common Stock holdings after transaction
1,825,308 shares
Direct Common Stock ownership following RSU conversion by James E. Lillie
Series A Preferred Stock holdings
92,500 shares
Directly held; convertible 1-for-1 into Common Stock for no additional consideration
Unvested RSUs outstanding
12,500 units
Restricted Stock Units scheduled to vest on July 1, 2027
Automatic conversion deadline for Series A
December 31, 2034
Latest date when Series A Preferred Stock automatically converts into Common Stock
Key Terms
Restricted Stock Units, Series A Preferred Stock, change in control dividend date, automatically convert
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share"
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.
Series A Preferred Stock financial
"The Series A Preferred Stock is convertible at any time at the election"
Series A preferred stock is a type of ownership share in a company that gives investors certain advantages, such as priority in receiving profits or getting their money back if the company is sold or goes bankrupt. It is often issued during early funding stages to attract investors by offering more security than common shares. This stock matters to investors because it provides a safer way to invest while still holding potential for future gains.
change in control dividend date financial
"immediately following the "change in control dividend date" as defined"
automatically convert financial
"The Series A Preferred Stock shall automatically convert into Common Stock"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did TIC (TIC) director James E. Lillie report?
James E. Lillie reported exercising 9,017 Restricted Stock Units into an equal number of TIC Solutions, Inc. Common Stock shares on July 31, 2026 at $0.00 per share. This was recorded as a derivative exercise/conversion rather than an open-market purchase or sale.
What derivative or convertible securities in TIC (TIC) does James E. Lillie still hold?
James E. Lillie directly holds 92,500 shares of Series A Preferred Stock, convertible on a one-for-one basis into Common Stock for no additional consideration, and Restricted Stock Units representing 12,500 underlying Common shares that are scheduled to vest on July 1, 2027.
What are the key terms of TIC (TIC) Series A Preferred Stock held by James E. Lillie?
The Series A Preferred Stock is convertible at any time, at the holder’s election, into Common Stock on a one-for-one basis for no additional consideration. It will automatically convert into Common Stock upon a defined change in control dividend date or on December 31, 2034, whichever occurs first.
When did TIC (TIC) RSUs held by James E. Lillie vest, and what remains unvested?
A block of 9,017 Restricted Stock Units vested on July 31, 2026, the one-year anniversary of their grant date, and converted into Common Stock. Lillie retains Restricted Stock Units representing 12,500 underlying Common shares that are scheduled to vest on July 1, 2027.
AI-generated analysis. How Rhea-AI works. Not financial advice.
