Heraud Benjamin 4

What Happened
Benjamin Heraud, CEO of TIC Solutions (TIC), was granted 1,060 restricted stock units (RSUs) on May 8, 2026. The award was recorded at $0.00 (no cash paid at grant) and is reported as a derivative award (RSU). Each RSU represents a contingent right to receive one share of common stock, subject to vesting.

Key Details

• Transaction date: May 8, 2026; Form 4 filed May 12, 2026 (filed within the normal reporting window).
• Transaction type/code: Award/Grant (A); derivative securities = restricted stock units.
• Quantity and price: 1,060 RSUs at $0.00 (no purchase price).
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Relevant footnotes from the filing:
  • F1: Each restricted stock unit represents a contingent right to receive one share.
  • F2: The grant represents a matching contribution to the NV5 401(k) Plan (as described in the filing).
  • F3: These RSUs vest on May 8, 2027.
• Timeliness: Filing appears timely (filed May 12 for a May 8 transaction).

Context
RSUs are a form of equity compensation that convert into shares only if and when they vest; this grant vests on May 8, 2027 per the filing. Because this award is a matching contribution to a retirement plan, it is generally routine compensation-related activity rather than an immediate market signal of insider buying or selling. Taxes and any withholding obligations typically occur at vesting or settlement.