Solstice Advanced Materials (SOLS) director reports RSU grant and updated share holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lee Rose reported acquisition or exercise transactions in this Form 4 filing.
Solstice Advanced Materials Inc. director Lee Rose reported updated equity holdings, including a small compensation-related grant. Rose received 2 restricted stock units (RSUs), each representing a contingent right to receive one share of Solstice Advanced Materials common stock, along with related dividend equivalent rights that accrue in RSUs.
Following these transactions, Rose directly holds 4,628 shares of common stock and 1,891 RSUs. The newly granted RSUs will vest on the earlier of the first anniversary of the grant date or the company’s next annual meeting of shareowners.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Lee Rose
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 1,891 shares (Direct, null);
Common Stock — 4,628 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 time as the underlying RSUs. 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 held after transaction: 4,628 shares
RSUs granted: 2 units
RSUs held after transaction: 1,891 units
+1 more
4 metrics
Common shares held after transaction
4,628 shares
Direct ownership following reported Form 4 transactions
RSUs granted
2 units
New restricted stock unit grant to director Lee Rose
RSUs held after transaction
1,891 units
Total restricted stock units outstanding after grant
RSU exercise price
$0.00 per unit
Conversion or exercise price for the RSUs
Key Terms
Restricted Stock Units, dividend equivalent rights, vest, grant, award, or other acquisition
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.
vest financial
"The RSUs will vest on the earliest of the first anniversary of the grant date"
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.
grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What did Lee Rose report in the latest SOLS Form 4 filing?
Lee Rose reported a small equity compensation update, including 2 new restricted stock units and updated holdings of 4,628 Solstice Advanced Materials common shares and 1,891 RSUs, all held directly after the reported transactions.
What restricted stock units did Lee Rose receive in this SOLS Form 4?
Lee Rose received a grant of 2 restricted stock units, each representing a contingent right to one Solstice Advanced Materials common share. These RSUs relate to dividend equivalent rights that accrue and vest at the same time as the underlying RSUs described in the filing.
When will Lee Rose’s new RSUs in Solstice Advanced Materials vest?
The new restricted stock units will vest on the earliest of two dates: the first anniversary of the grant date or the next annual meeting of shareowners of Solstice Advanced Materials, aligning vesting with the company’s compensation and governance calendar.
What are dividend equivalent rights mentioned in the SOLS Form 4 filing?
Dividend equivalent rights are additional RSUs that accrue based on Solstice Advanced Materials’ dividends. For Lee Rose, these rights accumulate as RSUs and will vest at the same time as the underlying RSUs, effectively mirroring the economic value of cash dividends in stock form.