Solstice Advanced Materials (SOLS) director exercises RSUs and receives new 1,889-unit grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Solstice Advanced Materials Inc. director Pat Ward reported equity compensation activity involving common stock and restricted stock units (RSUs). Ward acquired 1,785 shares of common stock through the exercise of RSUs at a price of $0.00 per share, with a related footnote noting fractional shares were settled in cash. A prior batch of RSUs vested on May 22, 2026, and Ward also received a new grant of 1,889 RSUs, each representing a contingent right to one share of common stock, scheduled to vest on the earlier of the first anniversary of the grant date or the next annual meeting of shareowners. In addition, small indirect holdings of common stock are reported for three irrevocable trusts, where Ward serves as trustee and disclaims beneficial ownership except for any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,786 shares exercised/converted
Mixed
6 txns
Insider
Ward Pat
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,786 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 1,889 | $0.00 | -- |
| Exercise | Common Stock | 1,785 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 1,785 shares (Direct, null);
Common Stock — 6 shares (Indirect, By Trust)
Footnotes (1)
- Reflects the settlement of fractional shares in cash. Each restricted stock unit ("RSU") represents a contingent right to receive one share of Solstice Advanced Materials Inc. (the "Issuer") common stock. These securities are held by the Diane Ward Irrevocable Trust, of which Mr. Ward serves as a trustee. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein. These securities are held by the Caitlin Ward Irrevocable Trust, of which Mr. Ward serves as a trustee. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein. These securities are held by the Daniel Ward Irrevocable Trust, of which Mr. Ward serves as a trustee. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein. The RSUs vested on May 22, 2026. 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 acquired via RSU exercise: 1,785 shares
RSUs exercised into common stock: 1,786 units
New RSU grant: 1,889 units
+3 more
6 metrics
Common shares acquired via RSU exercise
1,785 shares
Total common stock held directly after transaction on May 22, 2026
RSUs exercised into common stock
1,786 units
Derivative RSUs converted to common stock with fractional share settled in cash
New RSU grant
1,889 units
RSUs granted on May 22, 2026, each for one common share
Indirect trust holding – Diane Ward Irrevocable Trust
9 shares
Common stock held indirectly by trust where Ward is trustee
Indirect trust holding – Caitlin Ward Irrevocable Trust
9 shares
Common stock held indirectly by trust where Ward is trustee
Indirect trust holding – Daniel Ward Irrevocable Trust
6 shares
Common stock held indirectly by trust where Ward is trustee
Key Terms
Restricted Stock Units, derivative security, irrevocable trust, pecuniary interest
4 terms
Restricted Stock Units financial
"The RSUs vested on May 22, 2026."
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.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
irrevocable trust financial
"These securities are held by the Diane Ward Irrevocable Trust"
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
pecuniary interest financial
"disclaims beneficial ownership of these securities except to the extent of his pecuniary interest"
FAQ
What insider transactions did Pat Ward report for SOLS on May 22, 2026?
Pat Ward reported acquiring 1,785 shares of Solstice Advanced Materials common stock via restricted stock unit (RSU) exercise at $0.00 per share, along with related RSU vesting and a new RSU grant recorded on May 22, 2026.
How many Solstice Advanced Materials RSUs were granted to Pat Ward?
Pat Ward received a grant of 1,889 restricted stock units (RSUs), each representing a contingent right to one share of Solstice Advanced Materials common stock, with vesting tied to the earlier of the first grant anniversary or the next annual shareowner meeting.
When do Pat Ward’s new SOLS restricted stock units vest?
The new Solstice Advanced Materials RSUs granted to Pat Ward will vest on the earliest of the first anniversary of the grant date and the next annual meeting of shareowners, aligning vesting with either time-based or meeting-based milestones, whichever occurs first.
What indirect SOLS holdings are reported for trusts associated with Pat Ward?
Three irrevocable trusts associated with Pat Ward report small indirect holdings of Solstice Advanced Materials common stock, with 9 shares, 9 shares, and 6 shares respectively. Ward serves as trustee and disclaims beneficial ownership except to the extent of any pecuniary interest.