TIC Solutions (TIC) Director Wright Dickerson Receives 9,524 Shares

What Happened

• Director Dickerson (reporting person Wright Dickerson) had 9,524 restricted stock units (RSUs) vest and convert into 9,524 shares of TIC Solutions common stock on August 4, 2026. The Form 4 records an acquisition of 9,524 shares at $0.00 and a contemporaneous disposition of 9,524 shares at $0.00 (both reported under derivative transaction code M). The filing shows no cash consideration reported for these transactions.

Key Details

• Transaction date: August 4, 2026; price per share shown: $0.00; total value shown: $0.
• Shares owned after the transaction: Not specified in the provided filing excerpt.
• Footnotes of note:
  • F1: Mr. Dickerson and his wife are trustees; he may be deemed to have voting/investment power over trust-held shares but disclaims beneficial ownership except to the extent of any pecuniary interest.
  • F2: Each RSU represents a contingent right to receive one share.
  • F3: The RSUs that converted vested on August 4, 2026 (one-year anniversary of the grant).
  • F4: A separate tranche of RSUs vests on July 1, 2027.
• Filing timeliness: Reported with a Form 4 dated the same day as the transactions (Aug 4, 2026) — the filing appears timely; no late-filing flag shown in the provided data.

Context

• These entries reflect award settlement (RSU vesting and conversion to shares) rather than a cash market purchase or a straightforward sale. The filing records both acquisition and an equal disposition of the same shares but does not specify the reason for the disposition (e.g., sale, transfer, or tax withholding). As a director (not a reported 10% owner here) this is routine insider reporting of award vesting and conversion, not a typical open-market buy or sell.