TIC Solutions (TIC) CFO discloses RSU settlement and performance awards
Rhea-AI Filing Summary
TIC Solutions, Inc. reported an insider equity transaction by its Chief Financial Officer on December 3, 2025. The filing shows that 10,000 restricted stock units were settled into 10,000 shares of common stock, and 3,060 of those shares were withheld at a price of $9.53 per share to cover tax obligations, leaving 6,940 shares of common stock directly held afterward.
The CFO also holds several derivative awards. These include 20,000 restricted stock units that vest in thirds each year on the first through third anniversaries of the December 3, 2024 grant date, additional time-based restricted stock units vesting on April 11, 2028, and multiple performance-based restricted stock unit grants tied to future stock price or performance conditions, with potential vesting dates on December 3, 2025, April 11, 2028, and September 30, 2026.
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FAQ
What insider transaction did TIC (TIC) disclose in this Form 4?
The Chief Financial Officer of TIC Solutions, Inc. reported the settlement of 10,000 restricted stock units into 10,000 shares of common stock on December 3, 2025, with some shares withheld for taxes.
How many TIC Solutions shares were withheld for taxes in this transaction?
The filing states that 3,060 shares of TIC Solutions common stock were withheld at a price of $9.53 per share to pay the reporting person's tax liability.
How many TIC Solutions shares does the CFO own directly after the reported transaction?
Following the reported transaction, the CFO beneficially owns 6,940 shares of TIC Solutions common stock in direct ownership form.
What restricted stock unit (RSU) awards does TIC Solutions CFO hold?
The CFO holds 20,000 restricted stock units that vest 33 1/3% on each of the first three anniversaries of the December 3, 2024 grant date, plus additional time-based RSUs covering 30,000 shares that vest on the third anniversary of the April 11, 2025 grant date.
What performance-based RSUs are reported for TIC (TIC) in this filing?
The filing discloses multiple performance-based restricted stock unit grants: 30,000 units that may vest beginning December 3, 2025 based on volume-weighted average price targets, 60,000 units with a three-year performance period vesting on April 11, 2028 if earned, and 60,000 units that may vest on September 30, 2026, all subject to performance results and possible decreases in earned shares.
Who is the reporting person in TIC Solutions Form 4 and what is their role?
The reporting person is an officer of TIC Solutions, Inc. serving as the companys Chief Financial Officer, and the filing is made as a single reporting person.