LILLIE JAMES E 4
4 · TIC Solutions, Inc. · Filed Jan 2, 2026
Insider Transaction Report
Form 4
LILLIE JAMES E
Director
Transactions
- Award
Common Stock
2025-12-31+60,122→ 1,806,291 total(indirect: By LLC) - Other
Common Stock
2026-01-02−1,806,291→ 0 total(indirect: By LLC) - Other
Common Stock
2026-01-02+1,806,291→ 1,816,291 total
Holdings
- 9,017
Restricted Stock Units
→ Common Stock (9,017 underlying) - 92,500(indirect: By LLC)
Series A Preferred Stock
→ Common Stock (92,500 underlying)
Footnotes (6)
- [F1]Represents a stock dividend on the Issuer's Series A Preferred Stock. Mariposa Acquisition IX, LLC ("Mariposa IX"), the holder of the Issuer's Series A Preferred Stock, is entitled to receive an annual stock dividend based on the market price of the Issuer's Common Stock for the last ten trading days of the calendar year.
- [F2]The shares of Common Stock (prior to the distribution described in footnote 3) and Series A Preferred Stock are held by Mariposa IX. Mr. Lillie holds a limited liability company interest in Mariposa IX. Mr. Lillie disclaims beneficial ownership of the shares of Common Stock and Series A Preferred Stock held directly by Mariposa IX except to the extent of his pecuniary interest therein.
- [F3]Represents a pro rata distribution from Mariposa IX to its members.
- [F4]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
- [F5]These restricted stock units vest on July 31, 2026 (the one-year anniversary of the grant date).
- [F6]The Series A Preferred Stock is convertible at any time at the election of the holder, on a one-for-one basis, into shares of Common Stock for no additional consideration. The Series A Preferred Stock shall automatically convert into Common Stock upon the earlier of (i) immediately following the "change of control dividend date" (as defined in the Issuer's certificate of incorporation) and (ii) December 31, 2034.