TIC Solutions (TIC) CEO adds 1,060 RSUs and details large equity holdings
Rhea-AI Filing Summary
TIC Solutions, Inc. director and Chief Executive Officer Benjamin Heraud reported updated equity holdings, including a new grant of restricted stock units. On 2026-05-08, he received 1,060 Restricted Stock Units at an exercise price of $0.0000 per unit as part of the issuer's matching contribution to the NV5 401(k) Plan. Each restricted stock unit represents a contingent right to receive one share of common stock, with this new grant vesting on May 8, 2027. The filing also shows direct ownership of 115,465 shares of Common Stock and several existing restricted stock unit awards, including time-based and performance-based units that, if earned and vested, are settled in common stock on future vesting dates.
Positive
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Negative
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Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Heraud Benjamin
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,060 | $0.00 | $0.00 |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Performance Based Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 162,831 shares (Direct);
Performance Based Restricted Stock Units — 153,508 shares (Direct);
Common Stock — 115,465 shares (Direct)
Footnotes (7)
- F1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
- F2. Represents a grant as part of the Issuer's matching contribution to the NV5 401(k) Plan.
- F3. These restricted stock units vest on May 8, 2027.
- F4. These restricted stock units vest on March 16, 2029.
- F5. Each performance based restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
- F6. 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.
- F7. These restricted stock units vest on September 30, 2028.
Key Figures
New RSU grant: 1,060 units at $0.0000
Common stock held: 115,465 shares
Time-based RSUs: 35,715 underlying shares
+5 more
8 metrics
New RSU grant
1,060 units at $0.0000
Restricted Stock Units granted on May 8, 2026 as matching contribution
Common stock held
115,465 shares
Direct ownership following transactions
Time-based RSUs
35,715 underlying shares
Restricted Stock Units with underlying common stock
Performance-based RSUs
153,508 underlying shares
Performance Based Restricted Stock Units, three-year performance period
Additional RSUs
76,755 underlying shares
Restricted Stock Units with underlying common stock
Additional RSUs
49,301 underlying shares
Restricted Stock Units with underlying common stock
Vesting date
May 8, 2027
Vesting date for newly granted 1,060 RSUs
Vesting / performance end
March 16, 2029
Vesting for certain RSUs and end of three-year performance period
Key Terms
Restricted Stock Units, Performance Based Restricted Stock Units, NV5 401(k) Plan, three-year performance period
4 terms
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."
Performance-based restricted stock units are a form of employee pay where shares are promised but only delivered if the company meets specific performance targets over time. Like a trophy awarded to a team after hitting certain goals, they align employee incentives with business results and can affect future share counts and earnings—so investors watch them for signals about management’s motivation, potential dilution, and the likelihood of meeting growth or profit targets.
NV5 401(k) Plan financial
"Represents a grant as part of the Issuer's matching contribution to the NV5 401(k) Plan."
three-year performance period financial
"These performance based restricted stock units have a three-year performance period and to the extent earned will vest on March 16, 2029."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did TIC (TIC) CEO Benjamin Heraud report in this Form 4?
Benjamin Heraud reported his updated equity holdings, including a new grant of 1,060 restricted stock units. The filing also lists his direct common stock position and multiple existing time-based and performance-based restricted stock unit awards tied to TIC Solutions, Inc.
How many TIC (TIC) restricted stock units were newly granted to the CEO?
The CEO received a grant of 1,060 Restricted Stock Units with a zero exercise price. Each unit represents a contingent right to receive one share of TIC common stock, subject to vesting conditions and continued service under the company’s compensation and benefit arrangements.
When do Benjamin Heraud’s new TIC restricted stock units vest?
The newly granted 1,060 restricted stock units vest on May 8, 2027. Vesting means the units convert into shares of TIC common stock, provided the applicable conditions are satisfied and the CEO remains eligible under the company’s plan rules.
What performance-based TIC equity awards does the CEO hold?
The CEO holds 153,508 Performance Based Restricted Stock Units, each tied to one share of TIC common stock. These units have a three-year performance period and, to the extent earned, will vest on March 16, 2029, with the final share count adjusted by performance results.
Are there other significant TIC restricted stock unit awards for the CEO?
Yes. Besides the new 1,060-unit grant, the CEO has restricted stock unit positions linked to 35,715, 76,755, and 49,301 underlying shares. These time-based units vest on specified future dates, including September 30, 2028, and March 16, 2029, under TIC’s equity programs.