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TIC CEO receives 1,060 new restricted stock units

TIC Solutions, Inc. director and Chief Executive Officer Benjamin Heraud reported updated equity holdings, including a new grant of restricted stock units.

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

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.

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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 contracts for 161,771 underlying shares (Direct); Performance Based Restricted Stock Units — 153,508 contracts (Direct); Common Stock — 115,465 shares (Direct)
Footnotes (7)
  1. F1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
  2. F2. Represents a grant as part of the Issuer's matching contribution to the NV5 401(k) Plan.
  3. F3. These restricted stock units vest on May 8, 2027.
  4. F4. These restricted stock units vest on March 16, 2029.
  5. F5. Each performance based restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
  6. 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.
  7. F7. These restricted stock units vest on September 30, 2028.
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
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."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

How many TIC common shares does the CEO hold after these transactions?
After the reported transactions, Benjamin Heraud directly holds 115,465 shares of TIC common stock. In addition, he holds several restricted stock unit awards that may convert into additional shares in future years if vesting and performance conditions are met.

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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →
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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*
Heraud Benjamin
(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/08/2026		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 Stock115,465D
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)05/08/2026A1,060(2) (3) (3)Common Stock1,060$01,060D
Restricted Stock Units(1) (4) (4)Common Stock49,30149,301D
Restricted Stock Units(1) (4) (4)Common Stock76,75576,755D
Performance Based Restricted Stock Units(5) (6) (6)Common Stock153,508153,508D
Restricted Stock Units(1) (7) (7)Common Stock35,71535,715D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
2. Represents a grant as part of the Issuer's matching contribution to the NV5 401(k) Plan.
3. These restricted stock units vest on May 8, 2027.
4. These restricted stock units vest on March 16, 2029.
5. Each performance based restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
6. 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.
7. These restricted stock units vest on September 30, 2028.
/s/ Mary Jo O'Brien, Attorney in Fact05/12/2026
** 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)

Source: View Original Filing on SEC EDGAR

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