Director at Solstice Advanced Materials (SOLS) receives 1,889 RSUs and new shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Solstice Advanced Materials Inc. director Peter D. Gibbons reported equity compensation and related share movements. He exercised restricted stock units that delivered 1,785 shares of common stock at a price of $0.00 per share, leaving him with 1,832 common shares held directly. A footnote notes any fractional share was settled in cash. He also received a new grant of 1,889 restricted stock units (RSUs), each representing a right to one share of common stock, which will vest on the earliest of the first anniversary of the grant date or the next annual shareowner meeting. In addition, 1,786 RSUs vested and converted into common stock on May 22, 2026, and he reports 40 common shares held indirectly through his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,786 shares exercised/converted
Mixed
4 txns
Insider
Gibbons Peter D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,786 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 1,889 | $0.00 | -- |
| Exercise | Common Stock | 1,785 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 1,832 shares (Direct, null);
Common Stock — 40 shares (Indirect, By spouse)
Footnotes (1)
- Reflects the settlement of fractional shares in cash. Each restricted stock unit ("RSU") represents a contingent right to receive one share of Solstice Advanced Materials Inc. (the "Issuer") common stock. The RSUs vested on May 22, 2026. The RSUs will vest on the earliest of the first anniversary of the grant date and the next annual meeting of shareowners of the Issuer.
Key Figures
Common shares acquired via RSU exercise: 1,785 shares
RSUs converted to common stock: 1,786 RSUs
New RSU grant: 1,889 RSUs
+4 more
7 metrics
Common shares acquired via RSU exercise
1,785 shares
Non-derivative M code, price $0.00 per share on May 22, 2026
RSUs converted to common stock
1,786 RSUs
Derivative M code, vested and exercised on May 22, 2026
New RSU grant
1,889 RSUs
Derivative A code, each RSU for one common share
Direct common stock holdings after transactions
1,832 shares
Total shares following non-derivative transaction
Indirect common stock holdings by spouse
40 shares
Indirect ownership, nature of ownership: By spouse
RSU exercise price
$0.00 per share
Exercise or conversion of derivative securities
RSUs outstanding after grant
1,889 units
Total RSUs following derivative A-code transaction
Key Terms
Restricted Stock Units, RSUs vested, contingent right, indirect ownership, +1 more
5 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.
RSUs vested financial
"The RSUs vested on May 22, 2026."
contingent right financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share..."
indirect ownership financial
"Common Stock entry showing ownership type "indirect" and nature "By spouse"."
FAQ
What insider transactions did Peter D. Gibbons report for SOLS?
Peter D. Gibbons reported exercising RSUs into 1,785 shares of Solstice common stock at $0.00 per share and receiving a new grant of 1,889 RSUs, along with disclosing indirect ownership of 40 shares held by his spouse.
What restricted stock unit (RSU) grant did Peter D. Gibbons receive from SOLS?
He received a grant of 1,889 restricted stock units. Each RSU represents a contingent right to receive one share of Solstice common stock and will vest on the earliest of the first anniversary of the grant date or the next annual meeting of shareowners.
What does the indirect ownership by spouse mean in the SOLS Form 4?
The filing lists 40 shares of Solstice common stock held indirectly "By spouse." This indicates those shares are owned by his spouse rather than directly by him, but they are still reported as part of his overall beneficial ownership position.