Solstice director receives RSU grant and updates holdings
Lee Rose reported acquisition or exercise transactions in this Form 4 filing.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- 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 time as the underlying RSUs.
- F3. 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
Key Terms
Restricted Stock Units financial
dividend equivalent rights financial
vest financial
grant, award, or other acquisition financial
FAQ
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What did Lee Rose report in the latest SOLS Form 4 filing?
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When will Lee Rose’s new RSUs in Solstice Advanced Materials vest?
What are dividend equivalent rights mentioned in the SOLS Form 4 filing?
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