TIC Solutions (TIC) director boosts holdings as RSUs convert and options remain
Rhea-AI Filing Summary
Rory Cullinan, a director of TIC Solutions, Inc., converted 9,017 Restricted Stock Units into an equal number of shares of Common Stock on July 31, 2026, increasing his direct holdings to 31,517 shares. He continues to hold options to purchase 50,000 shares at $11.50 per share, fully vested and expiring on July 31, 2029, and Restricted Stock Units covering 12,500 shares that vest on July 1, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 9,017 shares
Net Buy
4 txns
Insider
Cullinan Rory
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F3 | 9,017 | $0.00 | $0.00 |
| Exercise | Common Stock | 9,017 | $0.00 | $0.00 |
| holding | Options (Right to Buy) F1 | -- | -- | -- |
| holding | Restricted Stock Units F2, F4 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 12,500 shares (Direct);
Common Stock — 31,517 shares (Direct);
Options (Right to Buy) — 50,000 shares (Direct)
Footnotes (4)
- F1. These options are fully vested and exercisable.
- F2. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
- F3. These restricted stock units vested on July 31, 2026 (the one-year anniversary of the grant date).
- F4. These restricted stock units vest on July 1, 2027 (the one-year anniversary of the grant date).
Key Figures
RSUs Converted: 9,017 units
Common Shares Held After: 31,517 shares
Options Exercise Price: $11.50 per share
+2 more
5 metrics
RSUs Converted
9,017 units
Restricted Stock Units converted into Common Stock on July 31, 2026
Common Shares Held After
31,517 shares
Direct Common Stock holdings following the RSU conversion
Options Exercise Price
$11.50 per share
Exercise price for options on 50,000 underlying shares, expiring July 31, 2029
Options Underlying Shares
50,000 shares
Common Stock underlying fully vested options expiring July 31, 2029
Unvested RSU Underlying Shares
12,500 shares
Common Stock underlying RSUs scheduled to vest on July 1, 2027
Key Terms
Restricted Stock Units, Options (Right to Buy), fully vested and exercisable, contingent right
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share"
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.
Options (Right to Buy) financial
"Options (Right to Buy) with an exercise price of 11.5000 expiring 2029-07-31"
fully vested and exercisable financial
"These options are fully vested and exercisable."
contingent right financial
"represents a contingent right to receive one share of the Issuer's Common Stock"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did TIC (TIC) director Rory Cullinan report in this Form 4?
Rory Cullinan reported converting 9,017 Restricted Stock Units into 9,017 shares of TIC Solutions Common Stock on July 31, 2026, reflecting the vesting of a prior equity award.
What option position does Rory Cullinan retain in TIC (TIC)?
Cullinan holds options, fully vested and exercisable, covering 50,000 shares of TIC Solutions Common Stock at an exercise price of $11.50 per share, expiring on July 31, 2029.
What Restricted Stock Units in TIC (TIC) remain outstanding for Rory Cullinan?
Cullinan retains Restricted Stock Units representing 12,500 shares of TIC Solutions Common Stock, which are scheduled to vest on July 1, 2027, the one-year anniversary of their grant date.
Did the TIC (TIC) Form 4 indicate trades under a Rule 10b5-1 plan?
The Form 4’s Rule 10b5-1 checkbox is not marked as affirmative, and the footnotes describe vesting and award terms only, without referencing any Rule 10b5-1 trading plan.