Solstice HR chief receives small RSU awards
Clifford Jason Michael reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Clifford Jason Michael reported acquisition or exercise transactions in this Form 4 filing.
Solstice Advanced Materials Inc. reported routine equity compensation activity for SVP and Chief HR Officer Clifford Jason Michael. He received small grants of restricted stock units (RSUs) tied to prior awards as dividend equivalent rights: 27, 14 and 4 RSUs, each representing a contingent right to one share of common stock.
Following these grants, he holds 7,764 shares of common stock directly and maintains RSU balances of 17,447, 14,822 and 4,634 units in separate awards. Footnotes state that larger underlying RSU awards vest in tranches through June 2, 2028, and other awards vest in stages between February 24, 2027 and February 24, 2029, subject to continued employment.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 4 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 14 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 27 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
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 11,590 on June 2, 2026, 11,589 on June 2, 2027 and 5,795 on June 2, 2028 (in each case, not including dividend equivalent rights), subject to continued employment.
Key Figures
Key Terms
Restricted Stock Units financial
dividend equivalent rights financial
contingent right financial
continued employment financial
grant/award acquisition financial
FAQ
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What did Solstice Advanced Materials (SOLS) disclose in this Form 4?
How many Solstice (SOLS) RSUs were granted to the executive in this filing?
When will the Solstice (SOLS) RSUs reported here vest?
Do these Solstice (SOLS) Form 4 transactions indicate insider buying or selling?
AI-generated analysis. How Rhea-AI works. Not financial advice.