[Form 4] TIC Solutions, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Heraud Benjamin reported acquisition or exercise transactions in this Form 4 filing.
TIC Solutions, Inc. President and COO Benjamin Heraud reported equity awards made as part of his compensation. He received 76,755 restricted stock units, each representing one share of common stock, and 153,508 performance-based restricted stock units, also tied to common shares.
The new restricted stock units vest on March 16, 2029. The performance-based units have a three-year performance period and, to the extent earned under a performance condition, will also vest on March 16, 2029, with the ultimate number of shares subject to increase or decrease based on results.
Following these awards, Heraud’s direct holdings include 115,465 shares of common stock, as well as previously granted restricted stock units and performance-based units that are scheduled to vest on September 30, 2028 and, if earned based on financial performance metrics, on September 30, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 76,755 | $0.00 | -- |
| Grant/Award | Performance Based Restricted Stock Units | 153,508 | $0.00 | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Performance Based Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock. These restricted stock units vest on March 16, 2029. Each performance based restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock. 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 These restricted stock units vest on September 30, 2028. These performance restricted stock units vest upon certain financial performance metrics of NV5 and to the extent earned will vest on September 30, 2026. The number of shares of Common Stock that will be earned is subject to decrease based on the results of the performance condition.