Solstice (SOLS) CAO granted new RSUs and dividend-equivalent units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Barresi John S reported acquisition or exercise transactions in this Form 4 filing.
Solstice Advanced Materials Inc. Chief Accounting Officer John S. Barresi reported compensation-related equity awards of restricted stock units (RSUs). On June 10, 2026 he received 23 RSUs and a separate 3 RSU dividend-equivalent award, each representing the right to receive the same number of common shares at vesting.
Footnotes explain that these RSUs vest over multiple future dates, generally in annual installments tied to continued employment, and that dividend equivalent rights accrue in additional RSUs that vest on the same schedule as the underlying awards.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Barresi John S
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 23 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 3,565 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of Solstice Advanced Materials Inc. (the "Issuer") common stock. Fractional amounts have been rounded to the nearest whole number. Represents dividend equivalent rights in connection with the Issuer's dividend that accrue to the reporting person in RSUs that vest at the same times as the underlying RSUs. The RSUs will vest 33% on each of February 24, 2027 and February 24, 2028, and 34% on February 24, 2029, subject to continued employment. The RSUs will vest 8,584 on June 16, 2026, 8,584 on June 16, 2027 and 7,357 on June 16, 2028 (in each case, not including dividend equivalent rights), subject to continued employment.
Key Figures
RSU grant: 23 RSUs
Dividend-equivalent RSUs: 3 RSUs
RSUs after 23-unit grant: 24,573 RSUs
+3 more
6 metrics
RSU grant
23 RSUs
Grant on June 10, 2026 to CAO, price $0.00
Dividend-equivalent RSUs
3 RSUs
Dividend-equivalent grant on June 10, 2026, price $0.00
RSUs after 23-unit grant
24,573 RSUs
Total RSUs following 23-unit award line
RSUs after 3-unit grant
3,565 RSUs
Total RSUs following 3-unit dividend-equivalent line
Vesting schedule (annual thirds)
33%, 33%, 34%
Vesting on Feb 24, 2027, 2028, 2029 for one RSU award
Staggered vesting tranches
8,584, 8,584, 7,357 RSUs
Vest June 16, 2026, 2027, 2028 per footnote
Key Terms
Restricted Stock Units, dividend equivalent rights, contingent right, continued employment
4 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend equivalent rights financial
"Represents dividend equivalent rights in connection with the Issuer's dividend that accrue"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
contingent right financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
continued employment financial
"subject to continued employment"
Continued employment means that an individual remains in their current job without interruption. For investors, it signals stability and ongoing work that can affect company performance and future prospects. Like a steady heartbeat for a business, sustained employment helps ensure consistent operations and financial health.
FAQ
What insider transactions did SOLS Chief Accounting Officer report?
The Chief Accounting Officer reported receiving 23 restricted stock units and a separate 3-unit dividend-equivalent RSU award as compensation. These are non-cash equity grants that convert into common shares only upon future vesting, subject to employment conditions.
Are the SOLS Form 4 transactions open-market buys or sells?
No, the transactions are not open-market trades. They are compensation-related grants of restricted stock units with a stated price of $0.00 per unit, reflecting awards from the company rather than purchases or sales in the market.
How many RSUs does the SOLS officer hold after these grants?
After the 23-unit RSU grant, total holdings shown are 24,573 RSUs for that award line. After the 3-unit dividend-equivalent grant, total holdings shown are 3,565 RSUs for that award line, reflecting separate RSU positions reported in the filing.
When will the newly reported SOLS RSUs vest?
Footnotes state that related RSU awards vest over several years. One schedule vests 33% on February 24, 2027 and 2028 and 34% on February 24, 2029, while another vests 8,584 RSUs on June 16, 2026 and 2027, and 7,357 on June 16, 2028.
What are dividend equivalent rights mentioned in the SOLS Form 4?
Dividend equivalent rights provide additional RSUs that accrue when the company pays dividends. For this officer, these rights are credited as RSUs that vest at the same times as the underlying RSUs, effectively mirroring the main award’s vesting schedule.
Does the SOLS officer’s RSU grant have an exercise or strike price?
No, the RSU grants have a stated transaction and conversion price of $0.00 per unit. Each restricted stock unit simply represents a contingent right to receive one share of Solstice Advanced Materials common stock when the unit vests.