Solstice Advanced Materials (SOLS) director reports RSU grant and share exercises
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Solstice Advanced Materials Inc. director Fiona Laird reported compensation-related equity activity rather than open-market trading. On May 22, 2026, she exercised derivative awards into 1,785 shares of common stock and received a new grant of 1,889 restricted stock units, each RSU representing one future common share as they vest. A footnote notes that any fractional share from the conversion was settled in cash, and that the RSUs vest based on service through the next annual meeting or first anniversary of grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,786 shares exercised/converted
Mixed
3 txns
Insider
Laird Fiona
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 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 1,785 shares (Direct, null)
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. 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 exercise: 1,785 shares
RSUs exercised into common stock: 1,786 RSUs
New RSU grant: 1,889 RSUs
+2 more
5 metrics
Common shares acquired via exercise
1,785 shares
Non-derivative common stock position after May 22, 2026 exercises
RSUs exercised into common stock
1,786 RSUs
Derivative transaction code M on May 22, 2026
New RSU grant
1,889 RSUs
Grant (code A) on May 22, 2026, each for one common share
Exercise / conversion price
$0.0000 per unit
RSU-related derivative exercises on May 22, 2026
Exercise transactions count
1 exercise, 1,786 shares
As summarized in transactionSummary for derivative exercises
Key Terms
Restricted Stock Units, derivative security, contingent right, fractional shares
4 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units" and footnote defining each RSU as one common 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.
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.
contingent right financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
FAQ
What did Solstice Advanced Materials (SOLS) director Fiona Laird report in this Form 4?
Director Fiona Laird reported equity compensation activity, not market trading. She exercised derivative awards into common stock and received a new restricted stock unit grant, reflecting routine compensation and vesting rather than open-market buying or selling of SOLS shares.
What new restricted stock units did Solstice Advanced Materials (SOLS) grant to Fiona Laird?
Solstice Advanced Materials granted Fiona Laird 1,889 restricted stock units. Each RSU represents a contingent right to receive one share of SOLS common stock, subject to vesting conditions tied to the next annual meeting or the first anniversary of the grant date.
Are Fiona Laird’s Solstice Advanced Materials (SOLS) transactions open-market buys or sells?
The transactions are not open-market buys or sells. They consist of exercises and grants of equity awards, classified as acquisitions of securities through derivative conversion and RSU grants, which are standard elements of director compensation programs at many public companies.
When did Fiona Laird’s Solstice Advanced Materials (SOLS) RSUs vest or begin vesting?
One set of RSUs vested on May 22, 2026, leading to their exercise into common stock. A newer grant will vest on the earlier of the first anniversary of its grant date and the next annual meeting of Solstice Advanced Materials shareowners.