SCHULTES KRISTIN B 4
Research Summary
AI-generated summary
TIC Solutions (TIC) CFO Kristin Schultes Receives RSU Awards
What Happened Kristin B. Schultes, the Chief Financial Officer of TIC Solutions (TIC), received three grants of restricted stock units (RSUs) on March 16, 2026, totaling 202,303 RSUs (44,408; 52,632; and 105,263). Each RSU is a contingent right to one share of common stock; the reported price is $0 because these are equity awards (derivative grants), not market purchases or cash sales. Vesting and payout depend on time- and/or performance-based conditions described in the filing.
Key Details
- Transaction date: March 16, 2026; Filing date: March 18, 2026.
- Transaction type/code: A (Award/Grant); reported value per share = $0 (derivative RSUs).
- Grants: 44,408 RSUs; 52,632 RSUs; 105,263 RSUs — total 202,303 RSUs.
- Shares owned after transaction: Not disclosed in the supplied summary (see Form 4 for post-transaction beneficial ownership).
- Notable footnotes from the filing:
- Each RSU represents a right to one share if earned/vested.
- Some awards are time-based with multi-year vesting schedules; others are performance-based with specified vesting dates (examples in the filing include vesting on Sept 30, 2026; Sept 16, 2027; Mar 16, 2029; Apr 11, 2028) and performance metrics that can increase or decrease the number of shares earned.
- Timeliness: Filed two days after the transaction date (March 18 for a March 16 transaction), consistent with normal Form 4 timing requirements; no late filing flag noted in the summary provided.
Context
- These are equity compensation awards, not open-market purchases or sales. RSUs are common executive pay and represent potential future shares if vesting/performance conditions are met.
- Performance-based RSUs may pay out more or fewer shares depending on achievement of targets; time-based RSUs vest according to schedule.
- Such awards are routine for executives and do not by themselves indicate a buy or sell signal in the market. For full details (exact vesting conditions, post-grant ownership, and filing text), consult the Form 4 accession 0001213900-26-031169 on the SEC EDGAR site.