TIC Director Byron Roth Converts 9,524 RSUs to Shares

What Happened

• Byron Roth, a director of TIC Solutions, converted/exercised 9,524 derivative awards (reported as restricted stock units) into 9,524 shares on August 4, 2026. The filing shows an acquisition and an immediate disposition of the same 9,524 shares at a reported price of $0.00.

Key Details

• Transaction date: 2026-08-04; Transaction code: M (exercise/conversion of derivative).
• Shares acquired: 9,524 at $0.00 per share (reported).
• Shares disposed: 9,524 at $0.00 per share (reported).
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes: F1: Each RSU = contingent right to one share. F2: These RSUs vested on Aug 4, 2026 (one-year anniversary). F3 references another RSU tranche vesting on July 1, 2027.
• Filing timeliness: Reported for the same date (no late-filing flag in the provided data).

Context

• The M code indicates a conversion/exercise of a derivative (here, vested RSUs). The filing shows the shares were acquired on settlement and immediately disposed the same day; filings of this pattern commonly reflect settlement and transfer or withholding to satisfy tax or withholding obligations, though the Form 4 does not state the reason. This is not a cash purchase (no out-of-pocket amount reported).