STOCK TITAN

Pizzey Talman (TIC) receives 12,500 RSUs and reports large share holdings

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

Rhea-AI Filing Summary

PIZZEY TALMAN reported acquisition or exercise transactions in this Form 4 filing.

TIC Solutions director Pizzey Talman reported updated equity holdings, including a new stock-based compensation grant. The filing shows an award of 12,500 restricted stock units, each representing one share of common stock, that will vest on July 1, 2027.

After this grant, Talman directly holds 502,958 shares of common stock and performance-based restricted stock units tied to 73,333 and 110,000 underlying shares. These performance units vest only if specific volume weighted average price and performance conditions are achieved over multi‑year periods extending into 2027 and 2029.

Positive

  • None.

Negative

  • None.
Insider PIZZEY TALMAN
Role null
Type Security Shares Price Value
Grant/Award Restricted Stock Units 12,500 $0.00 --
holding Performance Based Restricted Stock Units -- -- --
holding Performance Based Restricted Stock Units -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units — 12,500 shares (Direct, null); Performance Based Restricted Stock Units — 110,000 shares (Direct, null); Common Stock — 502,958 shares (Direct, null)
Footnotes (1)
  1. Each performance based restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock. Subject to the volume weighted average price ("VWAP") of the Issuer's Common Stock reaching a specified price over a ten (10) consecutive trading day period at any time during the period commencing on February 18, 2025 and ending on July 30, 2029 (the "VWAP Achievement Period"), these performance based restricted stock units shall vest on the later of (x) July 30, 2025 ad (y) the calendar day following the last day of the VWAP Achievement Period. These performance based restricted stock units to the extent earned will vest on April 11, 2027. The number of shares of Common Stock that will be earned is subject to decrease based on the results of the performance condition. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock. These restricted stock units vest on July 1, 2027 (the one-year anniversary of the grant date).
RSU grant 12,500 units Restricted stock units granted, each for one common share
Common shares held 502,958 shares Direct common stock holdings after reported transactions
Performance RSUs block 1 73,333 underlying shares Performance based restricted stock units tied to TIC common
Performance RSUs block 2 110,000 underlying shares Additional performance based restricted stock units
RSU vesting date July 1, 2027 Vesting date for 12,500 time-based restricted stock units
VWAP performance window end July 30, 2029 End of VWAP Achievement Period for certain performance RSUs
Performance RSU vesting date April 11, 2027 Vesting date for certain earned performance based RSUs
performance based restricted stock units financial
"Each performance based restricted stock unit represents a contingent right to receive one share"
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.
volume weighted average price ("VWAP") financial
"Subject to the volume weighted average price ("VWAP") of the Issuer's Common Stock reaching a specified price"
VWAP, or volume weighted average price, shows the average price at which a stock has traded throughout the day, giving more importance to prices where more shares were bought or sold. It helps traders see the overall market trend and decide if a stock is fairly valued, much like finding the average speed of a car by giving more weight to the times when it traveled faster or slower.
VWAP Achievement Period financial
"during the period commencing on February 18, 2025 and ending on July 30, 2029 (the "VWAP Achievement Period")"
restricted stock unit financial
"Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
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Learn about SEC filing dates
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*
PIZZEY TALMAN

(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
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026
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 Stock502,958D
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
Performance Based Restricted Stock Units(1) (2) (2)Common Stock110,000110,000D
Performance Based Restricted Stock Units(1) (3) (3)Common Stock73,33373,333D
Restricted Stock Units(4)07/01/2026A12,500 (5) (5)Common Stock12,500$0.0012,500D
Explanation of Responses:
1. Each performance based restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
2. Subject to the volume weighted average price ("VWAP") of the Issuer's Common Stock reaching a specified price over a ten (10) consecutive trading day period at any time during the period commencing on February 18, 2025 and ending on July 30, 2029 (the "VWAP Achievement Period"), these performance based restricted stock units shall vest on the later of (x) July 30, 2025 ad (y) the calendar day following the last day of the VWAP Achievement Period.
3. These performance based restricted stock units to the extent earned will vest on April 11, 2027. The number of shares of Common Stock that will be earned is subject to decrease based on the results of the performance condition.
4. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
5. These restricted stock units vest on July 1, 2027 (the one-year anniversary of the grant date).
/s/ MaryJo O'Brien, Attorney-in-Fact07/02/2026
** 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) director Pizzey Talman report in this Form 4?

Pizzey Talman reported an updated equity position in TIC Solutions, Inc., including a new grant of 12,500 restricted stock units and existing holdings of common stock and performance-based restricted stock units with multi-year vesting and performance conditions.

How many TIC (TIC) restricted stock units were granted to Pizzey Talman?

Talman received 12,500 restricted stock units in TIC Solutions, Inc. Each unit represents a contingent right to receive one share of common stock, providing additional equity-based compensation that vests over time rather than as an immediate cash payment.

When do Pizzey Talman’s new TIC (TIC) restricted stock units vest?

The 12,500 restricted stock units granted to Pizzey Talman vest on July 1, 2027. This one-year vesting period from the grant date aligns compensation with continued service and ties value directly to TIC Solutions, Inc.’s future share performance at that time.

How many TIC (TIC) common shares does Pizzey Talman hold after this filing?

After this filing, Pizzey Talman directly holds 502,958 shares of TIC Solutions, Inc. common stock. This equity stake sits alongside additional performance-based and time-based restricted stock units that may convert into more shares if vesting conditions are satisfied.

What performance-based equity awards does Pizzey Talman have in TIC (TIC)?

Talman holds performance based restricted stock units linked to 73,333 and 110,000 underlying TIC common shares. These units vest only if volume weighted average price and other performance goals are met during specified multi-year periods ending in 2027 and 2029.

How are TIC (TIC) performance based restricted stock units structured for Talman?

Each performance based restricted stock unit represents a contingent right to one TIC common share. Vesting depends on achieving specified volume weighted average price targets and performance conditions over defined periods, and earned units may vest on dates extending into 2025 and 2027.