Solstice Advanced Materials (SOLS) CAO vests RSUs and settles taxes in shares
Rhea-AI Filing Summary
Solstice Advanced Materials Inc. Chief Accounting Officer John S. Barresi reported routine equity compensation activity involving restricted stock units (RSUs) and common stock on June 16, 2026. He exercised RSUs covering 8,600 units, resulting in 8,599 shares of common stock after fractional-share settlement in cash.
Of the vested shares, 3,244 common shares were withheld to cover tax obligations at a value of $85.79 per share, a non-market, tax-withholding disposition rather than an open-market sale. Following these transactions, Barresi directly holds 5,355 shares of common stock and retains RSUs tied to 3,565 underlying shares of common stock that remain unexercised and subject to future vesting schedules.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,355 shares
Net Buy
4 txns
Insider
Barresi John S
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 8,600 | $0.00 | $0.00 |
| Exercise | Common Stock | 8,599 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,244 | $85.79 | $278K |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 19,538 shares (Direct);
Common Stock — 5,355 shares (Direct)
Footnotes (5)
- F1. Reflects the settlement of fractional shares in cash.
- F2. 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.
- F3. Represents shares withheld for taxes upon vesting of RSUs.
- F4. The RSUs vest 8,583 on June 16, 2026, 8,579 on June 16, 2027 and 7,363 on June 16, 2028 (in each case, not including dividend equivalent rights), subject to continued employment.
- F5. 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.
Key Figures
RSUs exercised: 8,600 units
Common shares from exercise: 8,599 shares
Shares withheld for taxes: 3,244 shares
+3 more
6 metrics
RSUs exercised
8,600 units
Restricted Stock Units converted on June 16, 2026
Common shares from exercise
8,599 shares
Shares received after fractional settlement in cash
Shares withheld for taxes
3,244 shares
Tax-withholding disposition at $85.79 per share
Tax withholding price
$85.79/share
Value used for shares withheld for taxes
Common shares held after transactions
5,355 shares
Direct ownership after June 16, 2026 transactions
Remaining RSU underlying shares
3,565 shares
Underlying common shares for remaining RSUs, direct ownership
Key Terms
Restricted Stock Units, tax-withholding disposition, derivative exercise/conversion, vest, +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.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
vest financial
"The RSUs vest 8,583 on June 16, 2026, 8,579 on June 16, 2027 and 7,363 on June 16, 2028"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
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 on June 16, 2026?
The Chief Accounting Officer exercised 8,600 restricted stock units into 8,599 common shares and had 3,244 shares withheld for taxes. These actions reflect routine compensation-related vesting and tax settlement rather than open-market buying or selling activity.
What do the RSU vesting schedules disclosed for SOLS indicate?
The filing notes RSUs vesting 8,583 units on June 16, 2026, 8,579 on June 16, 2027, and 7,363 on June 16, 2028, plus another award vesting 33%, 33%, and 34% in 2027, 2028, and 2029. All vestings require the insider’s continued employment.
Was there any open-market buying or selling of SOLS stock in this Form 4?
The transactions reflect RSU exercises and a tax-withholding disposition rather than open-market trades. Shares were acquired through derivative exercise and a portion withheld for taxes, so no open-market purchase or sale decision is reported in this filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.
