Roth Byron 4
Research Summary
AI-generated summary
TIC Solutions Director Byron Roth Receives RSU Award
What Happened
Byron Roth, a director of TIC Solutions, was granted 12,500 restricted stock units (RSUs) on July 1, 2026. The reported acquisition price is $0.00 (award/derivative), so no cash was exchanged. This is an equity compensation grant rather than a market purchase or sale.
Key Details
- Transaction date and type: 2026-07-01 — Grant/Award of RSUs (transaction code A).
- Amount: 12,500 RSUs; reported price $0.00 (no cash paid).
- Shares owned after transaction: not specified in the filing.
- Footnotes: F1 — each RSU converts to one share of common stock; F2 — a tranche vests on August 4, 2026; F3 — a tranche vests on July 1, 2027.
- Filing timeliness: Form 4 filed July 2, 2026 (appears timely, one day after the report date).
Context
RSUs are contingent rights to receive shares if and when they vest; they are compensation and do not represent an immediate market purchase or sale. These grants become economically relevant only when vested and converted to shares (and potentially sold). The $0 reported price reflects that this was a grant, not a cash transaction.