TIC (TIC) Director Lillie James Converts 9,017 RSUs

What Happened

• Lillie James E, a director of TIC Solutions, had 9,017 restricted stock units (RSUs) convert into 9,017 shares of common stock on July 31, 2026. The Form 4 reports an acquisition (exercise/conversion) of 9,017 shares at $0.00 and a corresponding derivative disposition of 9,017 shares at $0.00. No cash was paid in connection with the conversion.

Key Details

• Transaction date: July 31, 2026; Form 4 filed: August 4, 2026 (filed within the typical 2-business-day reporting window).
• Transaction type/code: M — exercise or conversion of a derivative (RSU conversion to common stock).
• Shares involved: 9,017 shares acquired via conversion; matching 9,017- share derivative disposition recorded.
• Price/consideration: $0.00 (RSUs converted to shares upon vesting, not an open‑market purchase or sale).
• Shares owned after transaction: not specified in the filing.
• Relevant footnotes: F1 (each RSU equals a contingent right to one share) and F2 (these RSUs vested on July 31, 2026). The filing also includes other issuer notes about convertible Series A preferred (F3) and a separate RSU tranche vesting on July 1, 2027 (F4).

Context

• This was a compensation-related conversion (RSU vesting), not a purchase or sale in the open market. Such conversions are routine and reflect award vesting rather than a directional trade by the insider. The filing shows the conversion event and resulting shares but does not indicate a market buy or sale.