Solstice director awarded 2 RSUs in SOLS stock
Gibbons Peter D reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Gibbons Peter D reported acquisition or exercise transactions in this Form 4 filing.
Solstice Advanced Materials Inc. director Peter D. Gibbons reported a small equity-based compensation change. He received a grant of 2 restricted stock units (RSUs), described as dividend equivalent rights that accrue in RSUs and vest at the same time as the underlying RSUs. These RSUs will vest on the earliest of the first anniversary of the grant date or the company’s next annual meeting of shareowners. Following the transactions reported, he holds 1,832 shares of common stock directly, 40 shares indirectly through his spouse, and 1,891 RSUs representing contingent rights to receive the same number of common shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| 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
FAQ
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What insider activity did Solstice Advanced Materials (SOLS) disclose for Peter D. Gibbons?
What are the terms of the new RSUs granted to the Solstice Advanced Materials (SOLS) director?
Are the recent Solstice Advanced Materials (SOLS) insider transactions open-market buys or sells?
What does a dividend equivalent RSU mean for Solstice Advanced Materials (SOLS) insiders?
AI-generated analysis. How Rhea-AI works. Not financial advice.