Solstice director receives 2 RSUs and holds 9 shares
Worrell Brian reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Worrell Brian reported acquisition or exercise transactions in this Form 4 filing.
Solstice Advanced Materials Inc. director Brian Worrell reported a small equity award and his initial shareholdings. On the reported date, he received a grant of 2 restricted stock units (RSUs), bringing his RSU balance to 1,786 units, each representing one share of Solstice common stock.
Some RSUs reflect dividend equivalent rights that accrue and vest alongside the underlying RSUs. Worrell also holds 9 shares of Solstice common stock directly, which were received in connection with the spin-off of Solstice Advanced Materials Inc. from Honeywell International Inc. The RSUs will vest on the date of Solstice’s next annual meeting of shareowners.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (4)
- F1. Consists of shares received in connection with the spin-off of Solstice Advanced Materials Inc. (the "Issuer") from Honeywell International Inc.
- F2. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
- F3. 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.
- F4. The RSUs will vest on the date of the next annual meeting of shareowners of the Issuer.
FAQ
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What did Solstice Advanced Materials (SOLS) director Brian Worrell report in this Form 4?
How many restricted stock units does Brian Worrell hold in Solstice Advanced Materials (SOLS)?
When do Brian Worrell’s Solstice Advanced Materials (SOLS) RSUs vest?
What common stock position does Brian Worrell hold in Solstice Advanced Materials (SOLS)?
What are dividend equivalent rights mentioned in Brian Worrell’s Solstice (SOLS) Form 4?
What does each Solstice Advanced Materials (SOLS) RSU represent for Brian Worrell?
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