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TIC Solutions (TIC) CFO granted new time- and performance-based RSUs

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

Rhea-AI Filing Summary

SCHULTES KRISTIN B reported acquisition or exercise transactions in this Form 4 filing.

TIC Solutions, Inc. granted Chief Financial Officer Kristin B. Schultes new equity awards in the form of stock units. On March 16, 2026, she received 44,408 restricted stock units, 52,632 restricted stock units, and 105,263 performance-based restricted stock units, each representing a contingent right to one share of common stock.

The time-based units vest on September 16, 2027 and March 16, 2029, while the performance-based units have a three-year performance period and, to the extent earned, will vest on March 16, 2029 based on specified performance conditions. The filing reports no share sales, only compensation-related grants and existing holdings.

Positive

  • None.

Negative

  • None.
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*
SCHULTES KRISTIN B

(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 Financial 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)

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 Stock6,940D
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)03/16/2026A44,408 (2) (2)Common Stock44,408$044,408D
Restricted Stock Units(1)03/16/2026A52,632 (3) (3)Common Stock52,632$052,632D
Performance Based Restricted Stock Units(4)03/16/2026A105,263 (5) (5)Common Stock105,263$0105,263D
Restricted Stock Units(1) (6) (6)Common Stock20,00020,000D
Performance Based Restricted Stock Units(4) (7)12/03/2029Common Stock30,00030,000D
Restricted Stock Units(1) (8) (8)Common Stock30,00030,000D
Performance Based Restricted Stock Units(4) (9) (9)Common Stock60,00060,000D
Performance Based Restricted Stock Units(4) (10) (10)Common Stock60,00060,000D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
2. These restricted stock units vest on September 16, 2027.
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 33 1/3% on the first through third anniversaries of the grant date (December 3, 2024).
7. These performance based restricted stock units shall vest, beginning on December 3, 2025, based on the Issuer's Common Stock achieving a specified volume-weighted average price per share over a 10-day period.
8. These restricted stock units vest on April 11, 2028.
9. These performance based restricted stock units have a three-year performance period and to the extent earned will vest on April 11, 2028. The number of shares of Common Stock that will be earned is subject to decrease based on the result of the performance condition.
10. These performance based restricted stock units, to the extent earned, will vest on September 30, 2026. The number of shares of Common Stock that will be earned is subject to decrease based on the results of the performance condition.
/s/ MaryJo O'Brien, Attorney in Fact03/18/2026
** 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)

FAQ

What did TIC (TIC) report in this Form 4 filing?

TIC reported that CFO Kristin B. Schultes received new stock-based compensation awards. The grants include time-based restricted stock units and performance-based restricted stock units, each tied to the company’s common stock, with vesting scheduled between 2027 and 2029 under service and performance conditions.

What new equity awards did TIC’s CFO Kristin Schultes receive?

Kristin Schultes received 44,408 restricted stock units, 52,632 additional restricted stock units, and 105,263 performance-based restricted stock units. Each unit represents a contingent right to one share of TIC Solutions’ common stock, subject to future vesting terms and, for performance units, meeting specified performance goals.

How do the new TIC CFO restricted stock units vest?

Some restricted stock units granted to the TIC CFO vest on September 16, 2027, and others on March 16, 2029. Additional previously granted units vest in tranches or on specific future dates, reflecting multi-year service-based vesting aligned with the company’s long-term compensation structure.

How do TIC performance-based restricted stock units for the CFO work?

The performance-based restricted stock units have three-year performance periods and, to the extent earned, will vest on March 16, 2029. The actual number of shares delivered can increase or decrease based on performance conditions, directly linking part of the CFO’s compensation to TIC’s measured results.

Did TIC’s CFO buy or sell any common stock in this Form 4?

The Form 4 shows no open-market purchases or sales by TIC’s CFO. It reports only grants of restricted stock units and performance-based units, plus existing holdings, making this a compensation and holdings update rather than a trading activity disclosure.

What does this Form 4 imply about TIC CFO’s stake in the company?

This Form 4 indicates TIC’s CFO is accumulating additional equity-based incentives tied to future performance and service. With new restricted and performance units plus existing stock holdings, a significant portion of her compensation is linked to TIC’s share price and long-term corporate results.
Tic Solutions

NYSE:TIC

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1.70B
203.04M
Specialty Business Services
Services-business Services, Nec
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United States
HOLLYWOOD