TIC director awarded 12,500 restricted stock units
PIZZEY TALMAN reported acquisition or exercise transactions in this Form 4 filing.
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 Trade Summary
Grant/Award: 12,500 shares
Grant/Award
4 txns
Insider
PIZZEY TALMAN
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 12,500 | $0.00 | $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 contracts (Direct);
Performance Based Restricted Stock Units — 183,333 contracts (Direct);
Common Stock — 502,958 shares (Direct)
Footnotes (5)
- F1. Each performance based restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
- F2. 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.
- F3. 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.
- F4. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
- F5. These restricted stock units vest on July 1, 2027 (the one-year anniversary of the grant date).
Key Figures
RSU grant: 12,500 units
Common shares held: 502,958 shares
Performance RSUs block 1: 73,333 underlying shares
+4 more
7 metrics
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
Key Terms
performance based restricted stock units, volume weighted average price ("VWAP"), VWAP Achievement Period, restricted stock unit
4 terms
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
