TIC Solutions (TIC) CFO granted new time- and performance-based RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SCHULTES KRISTIN B reported acquisition or exercise transactions in this Form 4 filing.
TIC Solutions, Inc. granted Chief Financial Officer Kristin B. Schultes new equity awards in the form of stock units. On March 16, 2026, she received 44,408 restricted stock units, 52,632 restricted stock units, and 105,263 performance-based restricted stock units, each representing a contingent right to one share of common stock.
The time-based units vest on September 16, 2027 and March 16, 2029, while the performance-based units have a three-year performance period and, to the extent earned, will vest on March 16, 2029 based on specified performance conditions. The filing reports no share sales, only compensation-related grants and existing holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
9 transactions reported
Mixed
9 txns
Insider
SCHULTES KRISTIN B
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 44,408 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 52,632 | $0.00 | -- |
| Grant/Award | Performance Based Restricted Stock Units | 105,263 | $0.00 | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Performance Based Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Performance Based Restricted Stock Units | -- | -- | -- |
| holding | Performance Based Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 44,408 shares (Direct);
Performance Based Restricted Stock Units — 105,263 shares (Direct);
Common Stock — 6,940 shares (Direct)
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 September 16, 2027. 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 33 1/3% on the first through third anniversaries of the grant date (December 3, 2024). 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. These restricted stock units vest on April 11, 2028. 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. These performance based restricted stock units, 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.
FAQ
What did TIC (TIC) report in this Form 4 filing?
TIC reported that CFO Kristin B. Schultes received new stock-based compensation awards. The grants include time-based restricted stock units and performance-based restricted stock units, each tied to the company’s common stock, with vesting scheduled between 2027 and 2029 under service and performance conditions.
What new equity awards did TIC’s CFO Kristin Schultes receive?
Kristin Schultes received 44,408 restricted stock units, 52,632 additional restricted stock units, and 105,263 performance-based restricted stock units. Each unit represents a contingent right to one share of TIC Solutions’ common stock, subject to future vesting terms and, for performance units, meeting specified performance goals.
How do the new TIC CFO restricted stock units vest?
Some restricted stock units granted to the TIC CFO vest on September 16, 2027, and others on March 16, 2029. Additional previously granted units vest in tranches or on specific future dates, reflecting multi-year service-based vesting aligned with the company’s long-term compensation structure.
How do TIC performance-based restricted stock units for the CFO work?
The performance-based restricted stock units have three-year performance periods and, to the extent earned, will vest on March 16, 2029. The actual number of shares delivered can increase or decrease based on performance conditions, directly linking part of the CFO’s compensation to TIC’s measured results.
Did TIC’s CFO buy or sell any common stock in this Form 4?
The Form 4 shows no open-market purchases or sales by TIC’s CFO. It reports only grants of restricted stock units and performance-based units, plus existing holdings, making this a compensation and holdings update rather than a trading activity disclosure.
What does this Form 4 imply about TIC CFO’s stake in the company?
This Form 4 indicates TIC’s CFO is accumulating additional equity-based incentives tied to future performance and service. With new restricted and performance units plus existing stock holdings, a significant portion of her compensation is linked to TIC’s share price and long-term corporate results.