Solstice Advanced Materials (SOLS) SVP granted RSUs and holds sizable options
Rhea-AI Filing Summary
Solstice Advanced Materials Inc. executive Mawson Simon, SVP of Electronic & Specialty Materials, reported compensation-related equity awards and existing holdings. He directly owns 1,257 shares of common stock and holds several stock option grants exercisable for 9,312, 7,691, 4,833 and 2,507 common shares at exercise prices between $43.65 and $50.59 per share, with expirations from 2032 to 2035. On the derivative side, he received multiple small Restricted Stock Unit (RSU) awards, including grants of 19, 7 and 6 RSUs that each represent a right to one common share and accrue dividend-equivalent RSUs. These RSUs vest on various dates between 2026 and 2029, subject to continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
12 transactions reported
Mixed
12 txns
Insider
Mawson Simon
Role
SVP, Elec & Spec Materials
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 19 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 2 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 5 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 2 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 6 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 7 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 6 | $0.00 | $0.00 |
| holding | Stock Option (Right to buy) | -- | -- | -- |
| holding | Stock Option (Right to buy) | -- | -- | -- |
| holding | Stock Option (Right to buy) | -- | -- | -- |
| holding | Stock Option (Right to buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 48,258 shares (Direct);
Stock Option (Right to buy) — 24,343 shares (Direct);
Common Stock — 1,257 shares (Direct)
Footnotes (13)
- 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 times as the underlying RSUs.
- F3. The RSUs will vest in equal installments on each of October 30, 2028 and October 30, 2029, subject to continued employment.
- F4. The RSUs will vest on March 1, 2027, subject to continued employment.
- F5. The RSUs will vest 2,342 on August 1, 2026 and 2,413 on August 1, 2027 (in each case, not including dividend equivalent rights), subject to continued employment.
- F6. The RSUs will vest on March 3, 2028, subject to continued employment
- F7. The RSUs will vest 2,237 on March 3, 2027, 2,237 on March 3, 2028 and 2,305 on March 3, 2029 (in each case, not including dividend equivalent rights), subject to continued employment.
- F8. The RSUs will vest in equal installments on each of March 17, 2027 and March 17, 2028, subject to continued employment.
- F9. The RSUs will vest 33% on each of February 24, 2027 and February 24, 2028, and 34% on February 24, 2029, subject to continued employment.
- F10. Options vest and become exercisable on June 13, 2026.
- F11. Options vest and become exercisable in equal installments on each of February 23, 2026 and February 23, 2027.
- F12. Options vest and become exercisable in three equal installments on each of March 1, 2026, March 1, 2027 and March 1, 2028.
- F13. Options vest and become exercisable in four equal installments on each of March 3, 2026, March 3, 2027, March 3, 2028 and March 3, 2029.
Key Figures
Direct common shares: 1,257 shares
Option at $50.59: 9,312 underlying shares
Option at $46.79: 7,691 underlying shares
+5 more
8 metrics
Direct common shares
1,257 shares
Common Stock held directly after transactions
Option at $50.59
9,312 underlying shares
Stock option exercise price $50.5900, expires 2035-03-02
Option at $46.79
7,691 underlying shares
Stock option exercise price $46.7900, expires 2034-02-28
Option at $46.03
4,833 underlying shares
Stock option exercise price $46.0300, expires 2033-02-22
Option at $43.65
2,507 underlying shares
Stock option exercise price $43.6500, expires 2032-06-12
Largest RSU grant in filing
19 RSUs
Restricted Stock Units, each for one common share
Future RSU vesting 2027–2029
2,237 / 2,237 / 2,305 RSUs
RSUs vesting March 3, 2027–2029, subject to continued employment
Future RSU vesting 2026–2027
2,342 / 2,413 RSUs
RSUs vesting August 1, 2026 and August 1, 2027
Key Terms
Restricted Stock Units, dividend equivalent rights, contingent right, exercise price, +2 more
6 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one 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.
dividend equivalent rights financial
"Represents dividend equivalent rights in connection with the Issuer's dividend that accrue"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
contingent right financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
exercise price financial
"exercisePrice": "50.5900""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"expirationDate": "2035-03-02T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
vest financial
"The RSUs will vest 2,237 on March 3, 2027, 2,237 on March 3, 2028 and 2,305 on March 3, 2029"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Solstice Advanced Materials (SOLS) executive Mawson Simon report in this Form 4?
Mawson Simon reported his existing equity holdings and new compensation awards. He holds 1,257 common shares, several stock option grants, and multiple small restricted stock unit (RSU) awards that convert into common shares over time if employment continues.
What stock options does Mawson Simon hold in Solstice Advanced Materials (SOLS)?
He holds options to buy 9,312, 7,691, 4,833 and 2,507 Solstice common shares at exercise prices of $50.59, $46.79, $46.03 and $43.65. These options become exercisable on scheduled dates and expire between 2032 and 2035.
What restricted stock units (RSUs) were granted to Mawson Simon at Solstice Advanced Materials (SOLS)?
He received several small RSU grants, including awards of 19, 7, 6, 6, 5 and 2 units. Each RSU represents a contingent right to receive one common share, with additional RSUs accruing as dividend equivalents tied to the company’s dividend.
When will Mawson Simon’s Solstice Advanced Materials (SOLS) RSUs vest?
The RSUs vest on multiple future dates, including March 1, 2027, August 1, 2026 and 2027, March 3, 2027 to 2029, March 17, 2027 and 2028, October 30, 2028 and 2029, and February 24, 2027 to 2029, all subject to continued employment.
How do dividend equivalent rights work on Mawson Simon’s Solstice Advanced Materials (SOLS) RSUs?
Dividend equivalent rights accrue in the form of additional RSUs tied to the issuer’s dividend. These dividend-related RSUs vest at the same times as the underlying RSUs, increasing the potential number of shares delivered if vesting conditions are satisfied.
Are Mawson Simon’s Solstice Advanced Materials (SOLS) equity awards market purchases or sales?
The filing shows grant or award transactions in restricted stock units, not open-market purchases or sales. Code “A” indicates compensation-related acquisitions, so these RSUs are part of his pay package rather than discretionary trading in the company’s stock.