Cullinan Rory 4

What Happened Rory Cullinan, a director of TIC Solutions, Inc. (TIC), was awarded a derivative equity grant of 12,500 units on July 1, 2026. The grant is reported at $0.00 per unit (total reported value $0) and is recorded on a Form 4 as an award/acquisition (transaction code A). Footnotes in the filing indicate these units are restricted stock units (RSUs) — contingent rights to receive common shares when they vest.

Key Details

• Transaction date: July 1, 2026; Form 4 filed July 2, 2026 (appears timely).
• Award: 12,500 derivative units at $0.00 (reported total $0). Transaction code: A (award/grant).
• Vesting notes: filing footnotes state RSUs vest on July 31, 2026 and July 1, 2027 (one-year anniversaries of grant components).
• Additional footnote: filing also notes "these options are fully vested and exercisable" (present in footnotes).
• Shares owned after transaction: not specified in this filing.

Context This is a non-cash compensation grant (RSUs) rather than a market purchase or sale. RSUs represent a contingent right to receive shares upon vesting, so they do not increase immediately tradable shares. Such awards are common for directors and reflect compensation/retention, not an immediate buy or sell signal.