Solstice HR chief granted 45 dividend RSUs
Solstice Advanced Materials SVP and Chief HR Officer received additional RSU-based dividend equivalents tied to prior awards, with vesting running through 2029.
Rhea-AI Filing Summary
Solstice Advanced Materials Inc. (symbol: SOLS) is the issuer of record for a Form 4 filing submitted to the SEC. Clifford Jason Michael reported acquisition or exercise transactions in this Form 4 filing.
Solstice Advanced Materials Inc. (SOLS) reported that SVP and Chief HR Officer Clifford Jason Michael received three small grants totaling 45 restricted stock units (RSUs) on September 10, 2026 as dividend equivalent rights tied to existing RSU awards, all settling in common stock if and when the underlying RSUs vest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 45 shares
Grant/Award
4 txns
Insider
Clifford Jason Michael
Role
SVP and Chief HR Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2, F3 | 6 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units F1, F2, F4 | 18 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units F1, F2, F5 | 21 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 36,948 contracts (Direct);
Common Stock — 7,764 shares (Direct)
Footnotes (5)
- F1. 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.
- F2. 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.
- F3. 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.
- F4. The RSUs will vest in equal installments on each of October 30, 2028 and October 30, 2029, subject to continued employment.
- F5. The RSUs vest 11,572 on June 2, 2026, 11,568 on June 2, 2027 and 5,834 on June 2, 2028 (in each case, not including dividend equivalent rights), subject to continued employment.
Key Figures
RSUs acquired as dividend equivalents: 45 units
Common stock held after transactions: 7,764 shares
Vesting schedule for one RSU grant: 33%, 33%, 34%
+3 more
6 metrics
RSUs acquired as dividend equivalents
45 units
Three RSU grants of 6, 18 and 21 units on September 10, 2026
Common stock held after transactions
7,764 shares
Direct ownership of Solstice Advanced Materials Inc. common stock
Vesting schedule for one RSU grant
33%, 33%, 34%
RSUs vesting February 24, 2027; February 24, 2028; and February 24, 2029
RSUs vesting June 2, 2026
11,572 units
Part of existing RSU award, excluding dividend equivalent rights
RSUs vesting June 2, 2027
11,568 units
Part of existing RSU award, excluding dividend equivalent rights
RSUs vesting June 2, 2028
5,834 units
Part of existing RSU award, excluding dividend equivalent rights
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"
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"
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"
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did SOLS executive Clifford Jason Michael report in this Form 4?
He reported three acquisitions totaling 45 restricted stock units (RSUs) on September 10, 2026. These RSUs are dividend equivalent rights that will convert into Solstice Advanced Materials Inc. common stock if the related underlying RSUs vest as scheduled.
How many RSUs did the SOLS officer acquire in each dividend equivalent grant?
The officer received 6 RSUs, 18 RSUs, and 21 RSUs as dividend equivalent rights. Each restricted stock unit represents a contingent right to receive one share of Solstice Advanced Materials Inc. common stock, with fractional amounts rounded to whole units.
What are the vesting terms for the new SOLS RSU dividend equivalents linked to February vesting dates?
For the award tied to this schedule, RSUs will vest 33% on February 24, 2027, 33% on February 24, 2028, and 34% on February 24, 2029, in each case subject to continued employment with Solstice Advanced Materials Inc.
What are the vesting dates for the SOLS RSU dividend equivalents linked to October vesting?
For that related award, the RSUs will vest in two equal installments on October 30, 2028 and October 30, 2029, subject to continued employment. The dividend equivalent RSUs reported will vest on the same dates as those underlying RSUs.
What larger SOLS RSU award is associated with the 21 dividend equivalent RSUs?
The related RSU award vests 11,572 shares on June 2, 2026, 11,568 shares on June 2, 2027, and 5,834 shares on June 2, 2028, excluding dividend equivalent rights, each tranche vesting subject to continued employment with Solstice Advanced Materials Inc.
Were the SOLS Form 4 transactions made under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not marked as affirming a plan, and the footnotes describe the RSUs as dividend equivalent rights that accrue in connection with the issuer’s dividend and vest alongside the underlying RSU awards.
AI-generated analysis. How Rhea-AI works. Not financial advice.
