Gates Capital discloses 8.8% beneficial stake in TIC Solutions, Inc. (TIC)
Rhea-AI Filing Summary
Gates Capital Management and related entities report beneficial ownership of TIC Solutions, Inc. common stock on an amended Schedule 13G. They collectively hold 19,501,621 shares of common stock, representing 8.8% of the class, with shared voting and dispositive power over all reported shares and no sole power. The ownership percentage is based on 221,042,604 TIC shares outstanding as of May 1, 2026, as referenced from the company’s quarterly report. A joint filing agreement confirms that Gates Capital Management, its general partner and managing member, and Jeffrey L. Gates are reporting together.
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Key Figures
Beneficial ownership: 19,501,621 shares
Ownership percentage: 8.8%
Shares outstanding: 221,042,604 shares
+2 more
5 metrics
Beneficial ownership
19,501,621 shares
Shares of TIC Solutions, Inc. common stock beneficially owned by reporting persons
Ownership percentage
8.8%
Percent of TIC Solutions, Inc. common stock class held by reporting persons
Shares outstanding
221,042,604 shares
TIC Solutions, Inc. common shares outstanding as of May 1, 2026
Shared voting power
19,501,621 shares
Shares over which reporting persons have shared power to vote
Shared dispositive power
19,501,621 shares
Shares over which reporting persons have shared power to dispose
Key Terms
beneficial owner, shared voting power, dispositive power, Schedule 13G, +1 more
5 terms
beneficial owner regulatory
"should not be construed as an admission that any of the Reporting Persons is, for purposes of Section 13 of the Act, the beneficial owner"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
dispositive power regulatory
"Shared Dispositive Power 19,501,621.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
Schedule 13G regulatory
"the foregoing statement on is filed on behalf of each of the undersigned"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
joint filing agreement regulatory
"EXHIBIT 1 JOINT FILING AGREEMENT PURSUANT TO RULE 13d-1(k)"
FAQ
What ownership stake in TIC (TIC) does Gates Capital report in this Schedule 13G/A?
Gates Capital and related reporting persons report beneficial ownership of 19,501,621 TIC shares, representing 8.8% of TIC Solutions, Inc.'s outstanding common stock, based on 221,042,604 shares outstanding as of May 1, 2026.
Who are the reporting persons in the TIC (TIC) Schedule 13G/A amendment?
The reporting persons are Gates Capital Management, L.P., Gates Capital Management GP, LLC, Gates Capital Management, Inc., and Jeffrey L. Gates, all jointly filing regarding shares held by funds managed by Gates Capital.
How is the 8.8% ownership in TIC (TIC) calculated for Gates Capital?
The 8.8% ownership is calculated using 19,501,621 TIC shares beneficially owned divided by 221,042,604 TIC common shares outstanding as of May 1, 2026, as disclosed in TIC’s Form 10-Q.
What does the joint filing agreement in the TIC (TIC) Schedule 13G/A cover?
The joint filing agreement states that the Schedule 13G and all amendments are filed on behalf of each reporting person, with each responsible for its own information’s completeness and accuracy.
AI-generated analysis. How Rhea-AI works. Not financial advice.