O'Brien Mary Jo 4
Research Summary
AI-generated summary
TIC CHRO Mary Jo O'Brien Receives 1,060 RSU Award
What Happened
Mary Jo O'Brien, Chief Human Resources Officer of TIC Solutions, was granted 1,060 restricted stock units (RSUs) on May 8, 2026. The grant was recorded as an award/acquisition (code A) at $0.00 per unit (no cash paid). These are derivative awards — contingent rights to receive common stock if and when vesting and any performance conditions are met.
Key Details
- Transaction date: May 8, 2026; Form 4 filed May 12, 2026 (timely filing).
- Award: 1,060 RSUs; reported acquisition price $0.00; reported value $0 at grant (compensation value not shown here).
- Shares owned after transaction: not reported in the provided extract.
- Footnotes:
- F1: Each RSU represents a contingent right to one share of common stock.
- F2: Some RSUs represent the company’s matching contribution to the NV5 401(k) Plan.
- F3–F4: Certain time‑based RSUs vest May 8, 2027 and March 16, 2029, respectively.
- F5–F6: Performance-based RSUs (each for one share) have a three‑year performance period and, if earned, will vest March 16, 2029; the number earned may increase or decrease based on performance.
Context
RSUs are not immediate stock ownership; they convert to shares only after vesting (and after any performance conditions are satisfied for performance RSUs). This filing documents a compensation award (routine for executives), not a market purchase or sale — it does not by itself imply a bullish or bearish trading signal.