Solstice (SOLS) director receives RSU grant and updates stock holdings
Filing Impact
Filing Sentiment
Form Type
4
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 received a grant of 2 restricted stock units on March 10, 2026. Each RSU represents the right to receive one share of Solstice common stock and reflects dividend equivalent rights that vest with the underlying RSUs.
After this grant, Gibbons holds 1,786 RSUs in total and 47 shares of Solstice common stock directly, plus 40 shares held indirectly by his spouse. The RSUs will vest on the date of the next annual meeting of Solstice shareowners, making this a routine, compensation-related equity award rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Gibbons Peter D
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 1,786 shares (Direct);
Common Stock — 47 shares (Direct);
Common Stock — 40 shares (Indirect, By spouse)
Footnotes (1)
- Consists of shares received in connection with the spin-off of Solstice Advanced Materials Inc. (the "Issuer") from Honeywell International Inc. 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 Solstice (SOLS) director Peter D. Gibbons report?
Peter D. Gibbons reported receiving 2 restricted stock units on March 10, 2026. These RSUs are compensation-related awards that represent rights to Solstice common shares and are tied to dividend equivalent rights that vest with the underlying RSUs.
How many restricted stock units does the Solstice (SOLS) director hold after this filing?
Following the March 10, 2026 grant, Peter D. Gibbons holds 1,786 restricted stock units. Each RSU corresponds to one share of Solstice Advanced Materials Inc. common stock, subject to vesting conditions set out in the award terms.
When do Peter D. Gibbons’s Solstice (SOLS) RSUs vest?
The restricted stock units reported by Peter D. Gibbons will vest on the date of the next annual meeting of Solstice Advanced Materials Inc. shareowners. Vesting timing is therefore linked directly to the company’s regular annual meeting schedule.
Did the Solstice (SOLS) director buy or sell common stock in this Form 4?
The Form 4 shows a grant of 2 restricted stock units, not an open-market stock purchase or sale. Common stock entries in the filing update direct and spousal holdings but do not reflect new buy or sell transactions.
What are Peter D. Gibbons’s Solstice (SOLS) common stock holdings after this report?
After the reported transactions, Peter D. Gibbons holds 47 shares of Solstice common stock directly and 40 shares indirectly through his spouse. These positions are separate from his 1,786 outstanding restricted stock units.
What do the dividend equivalent rights mean in the Solstice (SOLS) RSU grant?
The filing explains that dividend equivalent rights accrue to Peter D. Gibbons as additional RSUs linked to Solstice’s dividend. These dividend-linked RSUs vest at the same time as the underlying restricted stock units described in the award.