Solstice CFO exercises equity awards, withholds shares for tax
Solstice Advanced Materials SVP and CFO Tina Pierce reported routine equity compensation activity involving common stock, stock options and restricted stock units.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Solstice Advanced Materials SVP and CFO Tina Pierce reported routine equity compensation activity involving common stock, stock options and restricted stock units. On May 20, 2026, she exercised derivative securities for 2,999 shares of common stock, coded as a derivative exercise/conversion.
On the same date, 1,503 shares of common stock were disposed of in a tax-withholding transaction at $82.63 per share, covering tax obligations upon RSU vesting rather than an open-market sale. Following these transactions, she directly held 7,187 shares of common stock.
Pierce also reported multiple outstanding stock option grants, including options over 25,134 shares at an exercise price of $50.59 expiring on March 2, 2035, and a range of unexercised RSUs that vest between 2026 and 2029, subject to continued employment.
Insider Trade Summary
2,999 shares exercised/converted
Exercise
14 txns
Insider
Pierce Tina
Role
SVP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,999 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,998 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,503 | $82.63 | $124K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Stock Option (Right to buy) | -- | -- | -- |
| holding | Stock Option (Right to buy) | -- | -- | -- |
| holding | Stock Option (Right to buy) | -- | -- | -- |
| holding | Stock Option (Right to buy) | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 68,357 contracts for 62,272 underlying shares (Direct);
Common Stock — 7,187 shares (Direct);
Stock Option (Right to buy) — 69,477 contracts (Direct)
Footnotes (15)
- F1. Reflects the settlement of fractional shares in cash.
- F2. Each restricted stock unit ("RSU") represents a contingent right to receive one share of Solstice Advanced Materials Inc. (the "Issuer") common stock.
- F3. Represents shares withheld for taxes upon vesting of RSUs.
- F4. The RSUs vest 2,996 on May 20, 2026, 2,992 on May 20, 2027 and 3,087 on May 20, 2028 (in each case, not including dividend equivalent rights), subject to continued employment.
- F5. The RSUs will vest in equal installments on each of October 30, 2028 and October 30, 2029, subject to continued employment.
- F6. The RSUs will vest on July 30, 2026, subject to continued employment.
- F7. The RSUs will vest on July 29, 2027, subject to continued employment.
- F8. The RSUs will vest on July 28, 2026, subject to continued employment.
- F9. The RSUs will vest on March 1, 2027, subject to continued employment.
- F10. The RSUs will vest on March 3, 2028, subject to continued employment.
- F11. 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.
- F12. Options are fully vested and exercisable.
- F13. Options vest and become exercisable in equal installments on each of February 23, 2026 and February 23, 2027.
- F14. Options vest and become exercisable in three equal installments on each of March 1, 2026, March 1, 2027 and March 1, 2028.
- F15. 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
RSUs exercised: 2,999 shares
Shares withheld for taxes: 1,503 shares
Common stock held: 8,690 shares
+4 more
7 metrics
RSUs exercised
2,999 shares
Derivative exercise/conversion on May 20, 2026
Shares withheld for taxes
1,503 shares
Tax-withholding disposition at $82.63 per share
Common stock held
8,690 shares
Direct ownership after transactions on May 20, 2026
Option strike price
$50.59/share
Stock options over 25,134 underlying shares expiring March 2, 2035
Option strike price
$46.79/share
Stock options over 21,808 underlying shares expiring February 28, 2034
RSU block
29,616 units
Restricted Stock Units convertible into common stock
Tax-withholding price
$82.63/share
Price used for 1,503-share tax-withholding disposition
Key Terms
Restricted Stock Units, tax-withholding disposition, derivative exercise/conversion, fully vested and exercisable, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share of ... common stock."
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.
tax-withholding disposition financial
"Represents shares withheld for taxes upon vesting of RSUs."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
fully vested and exercisable financial
"Options are fully vested and exercisable."
exercise price financial
"conversion_or_exercise_price": "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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did SOLS SVP and CFO Tina Pierce report in this Form 4?
Tina Pierce reported routine equity compensation activity, including exercising 2,999 restricted stock units into common stock and a related tax-withholding share disposition. The filing also details her remaining common stock, option grants, and RSU awards after these transactions.
What derivative securities does Tina Pierce still hold in Solstice (SOLS)?
Pierce holds several option and RSU positions, including options over 25,134 shares at a $50.59 exercise price expiring March 2, 2035. She also holds multiple RSU awards that convert one-for-one into common stock as they vest over future years.
Are Tina Pierce’s stock options in SOLS currently exercisable?
The filing notes certain options as fully vested and exercisable, while others vest in installments between 2026 and 2029. Each option grant has a specified exercise price and expiration date, giving her the right to buy Solstice common shares at those strike prices.
How do the RSUs in this SOLS Form 4 vest over time?
The RSUs vest on a schedule tied to future dates and continued employment. Footnotes describe specific vesting tranches across 2026, 2027, 2028 and 2029, with some awards vesting in equal annual installments and others in specified percentage splits by year.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Accepted by SEC EDGAR
Learn about SEC filing dates