Small RSU dividend grant to Solstice Advanced Materials (SOLS) director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ward Pat reported acquisition or exercise transactions in this Form 4 filing.
Solstice Advanced Materials Inc. director Ward Pat reported a small compensation-related equity award rather than an open-market trade. On March 10, 2026, he received a grant of 2 restricted stock units as dividend-equivalent rights, each representing one share of common stock.
After this grant, his direct holdings in restricted stock units total 1,786 units. The filing also notes indirect ownership of 6, 9 and 9 common shares through three separate irrevocable trusts for which he serves as trustee, while disclaiming beneficial ownership beyond his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Ward Pat
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 1,786 shares (Direct);
Common Stock — 6 shares (Indirect, By Trust)
Footnotes (1)
- Consists of shares received in connection with the spin-off of Solstice Advanced Materials Inc. (the "Issuer") from Honeywell International Inc. 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. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. 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 date of the next annual meeting of shareowners of the Issuer.
FAQ
What insider transaction did Ward Pat report for Solstice Advanced Materials (SOLS)?
Director Ward Pat reported receiving 2 restricted stock units on March 10, 2026 as a grant. These RSUs are dividend-equivalent rights tied to Solstice Advanced Materials’ dividend and increase his direct RSU holdings to 1,786 units, with no open-market buying or selling.
How many Solstice Advanced Materials RSUs does Ward Pat hold after this Form 4?
Following the March 10, 2026 grant, Ward Pat directly holds 1,786 restricted stock units in Solstice Advanced Materials. Each RSU represents a contingent right to receive one share of common stock, subject to vesting on the date of the company’s next annual meeting of shareowners.
What do the new Solstice (SOLS) restricted stock units represent for Ward Pat?
The 2 newly reported restricted stock units are dividend-equivalent rights that accrue in RSUs when Solstice pays dividends. Each RSU equals one future share of common stock and will vest at the same time as the underlying RSUs, on the next annual shareowner meeting date.
When will Ward Pat’s newly granted Solstice RSUs vest?
The filing states that the restricted stock units granted to Ward Pat will vest on the date of Solstice Advanced Materials’ next annual meeting of shareowners. Vesting converts each RSU into one share of common stock, assuming all applicable conditions are satisfied at that time.
Did Ward Pat buy or sell any Solstice common stock in the market in this filing?
The Form 4 does not report any open-market purchases or sales of Solstice common stock by Ward Pat. It instead records a small grant of 2 restricted stock units and discloses existing direct and indirect holdings, including shares held in several irrevocable trusts.