Hepding Elizabeth Meloy 4
Research Summary
AI-generated summary
TIC Solutions (TIC) Director Hepding Receives 12,500 RSUs
What Happened
- Elizabeth Meloy Hepding, a director of TIC Solutions, was granted 12,500 restricted stock units (RSUs) on July 1, 2026. The grant is reported as a derivative award with an acquisition price of $0.00 (no cash paid at grant). Each RSU represents a contingent right to receive one share of TIC common stock if and when the units vest.
Key Details
- Transaction date: 2026-07-01; Form 4 filed: 2026-07-02 (appears to be filed timely).
- Transaction type/code: A (Award/Grant of derivative securities).
- Amount: 12,500 restricted stock units @ $0.00 (reported value $0 at grant).
- Shares owned after transaction: not disclosed in this Form 4.
- Footnotes: F1—each RSU equals a right to one share; F2—vesting date listed as July 31, 2026 (noted as one-year anniversary of grant); F3—vesting date listed as July 1, 2027 (noted as one-year anniversary of grant). The filing lists these vesting provisions for the RSUs.
- No indication of a 10b5-1 plan, cashless exercise, gift, or tax-withholding sale in this filing.
Context
- RSU grants are standard compensation and are not the same as an immediate purchase or sale of stock; they only convert into shares if/when vesting conditions are met. Because this is a grant (not a purchase or sale), it should be viewed as compensation rather than a direct market signal. The reported $0 acquisition price reflects that these are compensation awards, not an out-of-pocket purchase.