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Gates Capital discloses 9.9% stake in TIC Solutions (TIC) via Schedule 13G/A

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Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

TIC Solutions, Inc. ownership update: Gates Capital Management and related reporting persons state beneficial ownership of 21,850,000 shares, representing 9.9% of the class. The percentage is calculated using 221,153,392 shares outstanding as of March 6, 2026. The filing is a joint Schedule 13G/A amendment signed May 15, 2026, listing shared voting and dispositive power of 21,850,000 shares across the reporting persons.

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Insights

Gates Capital discloses a 9.9% passive stake in TIC Solutions.

Gates Capital Management, its GP and affiliated entities report beneficial ownership of 21,850,000 shares with shared voting and dispositive power. The filing calculates the 9.9% figure using 221,153,392 shares outstanding as of March 6, 2026.

Ownership is aggregated via a joint filing agreement dated May 15, 2026. Cash‑flow treatment and sale intentions are not disclosed in the excerpt; future filings would show any changes in position.

Shared voting/dispositive power is disclosed across four reporting entities.

The statement attributes shared voting power and shared dispositive power of 21,850,000 shares to Gates Capital, Gates Capital Management GP, Gates Capital Management, Inc., and Jeffrey L. Gates. The cover rows and Item 4 supply the ownership breakdown.

The filing includes a joint filing agreement under Rule 13d-1(k). Timing and any planned transactions are not included in this amendment; subsequent amendments would reflect material changes.

Beneficial ownership 21,850,000 shares Amount beneficially owned reported in Item 4
Percent of class <percent>9.9%</percent> Calculated using shares outstanding as of <date>March 6, 2026</date>
Shares outstanding 221,153,392 shares Shares outstanding as of <date>March 6, 2026</date> (source: company 2025 Form 10-K)
beneficially owned regulatory
"Item 4. Ownership (a) Amount beneficially owned: 21,850,000"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
shared dispositive power regulatory
"shared dispositive power of 21,850,000.00 appears in cover rows"
Joint Filing Agreement regulatory
"EXHIBIT 1 JOINT FILING AGREEMENT PURSUANT TO RULE 13d-1(k)"
Schedule 13G/A regulatory
"Form type listed in metadata and amendment heading"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.





00510N102

(CUSIP Number)
03/31/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



Gates Capital Management, L.P.
Signature:/s/ Jeffrey L. Gates
Name/Title:Jeffrey L. Gates- President
Date:05/15/2026
Gates Capital Management GP, LLC
Signature:/s/ Jeffrey L. Gates
Name/Title:Jeffrey L. Gates- President
Date:05/15/2026
Gates Capital Management, Inc.
Signature:/s/ Jeffrey L. Gates
Name/Title:Jeffrey L. Gates- President
Date:05/15/2026
Jeffrey L. Gates
Signature:/s/ Jeffrey L. Gates
Name/Title:Jeffrey L. Gates
Date:05/15/2026
Exhibit Information

EXHIBIT 1 JOINT FILING AGREEMENT PURSUANT TO RULE 13d-1(k) The undersigned acknowledge and agree that the foregoing statement on SCHEDULE 13G is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on SCHEDULE 13G shall be filed on behalf of each of the undersigned without the necessity of filing additional joint filing agreements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained herein and therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate. DATE: May 15, 2026 Gates Capital Management, L.P. By: Gates Capital Management GP, LLC, its general partner By: Gates Capital Management, Inc., its managing member By: /s/ Jeffrey L. Gates Name: Jeffrey L. Gates Title: President Gates Capital Management GP, LLC By: Gates Capital Management, Inc., its managing member By: /s/ Jeffrey L. Gates Name: Jeffrey L. Gates Title: President Gates Capital Management, Inc. By: /s/ Jeffrey L. Gates Name: Jeffrey L. Gates Title: President Jeffrey L. Gates By: /s/ Jeffrey L. Gates

FAQ

What stake does Gates Capital hold in TIC (TIC)?

Gates Capital and affiliated reporting persons report 21,850,000 shares, equal to 9.9% of common stock. This percentage uses 221,153,392 shares outstanding as of March 6, 2026 from the company's 2025 Form 10-K.

Who are the reporting persons in the Schedule 13G/A for TIC?

The filing is by Gates Capital Management, L.P., Gates Capital Management GP, LLC, Gates Capital Management, Inc., and Jeffrey L. Gates. They filed a joint filing agreement under Rule 13d-1(k) dated May 15, 2026.

Does the filing show voting or dispositive control for the shares?

Yes; the filing shows shared voting power and shared dispositive power of 21,850,000 shares across the reporting persons. Sole voting and dispositive power are reported as zero.

What date is used to calculate the ownership percentage?

The 9.9% figure is calculated using 221,153,392 shares outstanding as of March 6, 2026, as disclosed in the company's Annual Report on Form 10-K filed March 12, 2026.

When was the Schedule 13G/A signed?

The joint amendment is signed by the reporting persons on May 15, 2026, as shown by the signatures for Gates Capital entities and Jeffrey L. Gates.