4Filed Aug 3, 8:00 PM ET
TIC Solutions Director Peter Hochfelder Receives 9,017 Shares via RSU Vesting
$TIC · TIC Solutions, Inc.Research Summary
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TIC Solutions Director Peter Hochfelder Receives 9,017 Shares via RSU Vesting
What Happened
Peter A. Hochfelder, a director of TIC Solutions, had 9,017 restricted stock units (RSUs) convert into 9,017 shares of TIC common stock on July 31, 2026. The transaction is reported as an exercise/conversion of a derivative (code M) with a $0.00 per-share price, indicating the RSUs vested and were converted to shares without cash payment. There was no open‑market sale reported in this filing.
Key Details
- Transaction date: July 31, 2026; Form 4 filed: August 4, 2026 (timely filing).
- Amount: 9,017 shares acquired via conversion; corresponding disposition of 9,017 derivative units (reflecting the RSUs converting to shares). Reported price: $0.00; total cash value shown: $0.
- Shares owned after transaction: not specified in the provided filing data.
- Footnotes: F1 — each RSU equals a contingent right to one share; F2 — these RSUs vested on July 31, 2026 (one-year anniversary of the grant); F3 — a separate batch of RSUs vests July 1, 2027.
- Transaction code M indicates exercise or conversion of a derivative (here, RSU conversion). No 10b5‑1 plan, tax‑withholding sale, or late filing was indicated.
Context
This is a routine vesting/conversion of RSUs into common stock rather than a purchase or sale. Such conversions are typically administrative (compensation vesting) and do not by themselves signal buying or selling intent in the open market.