O'Brien Mary Jo 4/A
Research Summary
AI-generated summary
TIC Solutions CHRO Mary Jo O'Brien Receives RSU Award
What Happened
- Mary Jo O'Brien, Chief Human Resources Officer of TIC Solutions, was granted 20,045 restricted stock units (RSUs) on March 16, 2026. The award is recorded as an acquisition at $0.00 (no cash paid) and is reported as a derivative grant that may convert to common stock if vesting/conditions are met.
Key Details
- Transaction date: March 16, 2026; filing amended April 30, 2026 (original Form 4 filed March 18, 2026 inadvertently omitted this grant).
- Transaction type/code: Award/Grant (A); 20,045 RSUs @ $0.00.
- Vesting/conditions: Footnotes state RSUs vest on March 16, 2029; some RSUs are described as performance-based with a three-year performance period and the number earned may increase or decrease based on performance.
- Shares owned after transaction: Not specified in this amended filing.
- Timeliness: This is an amended filing correcting an omission (late amendment); the underlying grant occurred March 16, 2026.
Context
- RSUs are a common form of compensation and represent a contingent right to receive shares if vesting and any performance conditions are met; they are not an immediate cash purchase or sale. The $0 reported acquisition value reflects that these were granted as compensation, not bought. The amendment simply corrects the earlier omission and does not by itself indicate a change in insider sentiment.