TIC Solutions, Inc.: CFO Kristin B Schultes exercised 60,000 shares

What happened

• Kristin B Schultes, chief financial officer, exercised or converted 60,000 derivative units into common stock on Sep 30, 2026. The filing shows an acquisition of 60,000 shares at $0.00 (transaction code M) and a related disposition of 60,000 derivative units at $0.00 (transaction code M).
• On the same date, 18,624 shares were disposed to satisfy tax withholding at $8.32 per share for a total of $154,952 (transaction code F; footnote F1).

Key details

• Transaction date(s) and price(s): Sep 30, 2026 — conversion/exercise 60,000 shares @ $0.00 (M); tax withholding 18,624 shares @ $8.32 for $154,952 (F).
• Shares owned after the transaction: not reported in the Form 4 provided.
• Relevant footnotes: F11 indicates these performance-based restricted stock units vested on Sep 30, 2026; F2 notes each restricted stock unit represents a contingent right to one share; F1 notes shares were withheld to pay tax liability.
• Filing date: Oct 02, 2026 (as filed with the SEC). The filing does not indicate it was late.

Why it may matter

• The filing shows a conversion/exercise of derivative awards and use of shares to satisfy tax withholding (a cashless withholding to cover taxes).
• These were restricted stock units converted upon vesting (see footnote F11).
• This filing does not show why the insider traded or why the company acted.