TIC Solutions CFO acquires 60,000 shares as awards vest
The CFO’s reported award positions include time-based vesting schedules and performance conditions, with some units contingent on future results.
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Form Type
4
Rhea-AI Filing Summary
TIC Solutions, Inc. Chief Financial Officer Kristin B. Schultes reported that 60,000 performance-based restricted stock units vested on September 30, 2026, and converted into 60,000 common shares. On that date, 18,624 common shares were withheld for tax liability at $8.32 per share. No Rule 10b5-1 plan is reported.
Insider Trade Summary
60,000 shares exercised/converted
Exercise
10 txns
Insider
SCHULTES KRISTIN B
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Based Restricted Stock Units F5, F11 | 60,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 60,000 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 18,624 | $8.32 | $155K |
| holding | Restricted Stock Units F2, F3 | -- | -- | -- |
| holding | Restricted Stock Units F2, F4 | -- | -- | -- |
| holding | Performance Based Restricted Stock Units F5, F6 | -- | -- | -- |
| holding | Restricted Stock Units F2, F7 | -- | -- | -- |
| holding | Performance Based Restricted Stock Units F5, F8 | -- | -- | -- |
| holding | Restricted Stock Units F2, F9 | -- | -- | -- |
| holding | Performance Based Restricted Stock Units F5, F10 | -- | -- | -- |
Holdings After Transaction:
Performance Based Restricted Stock Units — 195,263 contracts (Direct);
Common Stock — 48,316 shares (Direct);
Restricted Stock Units — 147,040 contracts (Direct)
Footnotes (11)
- F1. Shares withheld for payment of tax liability.
- F2. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
- F3. These restricted stock units vest on September 16, 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 33 1/3% on the first through third anniversaries of the grant date (December 3, 2024).
- F8. 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.
- F9. These restricted stock units vest on April 11, 2028.
- F10. 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.
- F11. These performance based restricted stock units vested on September 30, 2026.
Key Figures
Performance-based RSUs vested: 60,000 units
Common shares acquired: 60,000 shares
Shares withheld for tax liability: 18,624 shares
+5 more
8 metrics
Performance-based RSUs vested
60,000 units
Vested September 30, 2026
Common shares acquired
60,000 shares
September 30, 2026
Shares withheld for tax liability
18,624 shares
September 30, 2026
Price per share
$8.32 per share
Shares withheld for tax liability
RSU underlying shares
44,408 shares
Vesting date September 16, 2027
RSU underlying shares
52,632 shares
Vesting date March 16, 2029
Performance-based RSU underlying shares
105,263 shares
Three-year performance period; vesting March 16, 2029 to the extent earned
Performance-based RSU underlying shares
30,000 shares
Vesting based on a specified volume-weighted average price per share over a 10-day period
Key Terms
restricted stock unit, performance based restricted stock unit, three-year performance period, volume-weighted average price per share
4 terms
restricted stock unit financial
"Each restricted stock unit represents a contingent right"
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.
performance based restricted stock unit financial
"Each performance based restricted stock unit represents a contingent right"
three-year performance period financial
"have a three-year performance period"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What other TIC equity awards did Kristin B. Schultes report?
Reported positions included 44,408 RSUs vesting September 16, 2027; 52,632 RSUs vesting March 16, 2029; and 105,263 performance-based RSUs in a three-year performance period, vesting March 16, 2029 to the extent earned. Another 30,000 performance-based RSUs vest beginning December 3, 2025, based on TIC common stock achieving a specified volume-weighted average price per share over a 10-day period.
AI-generated analysis. How Rhea-AI works. Not financial advice.
