Solstice Advanced Materials (SOLS) director gains 1,785 shares and 1,889 RSUs
Rhea-AI Filing Summary
Solstice Advanced Materials Inc. director Somasundaram Sivasankaran reported routine equity compensation activity and updated holdings. He exercised derivative securities to acquire 1,785 shares of common stock at a stated price of $0.0000 per share, which he now holds directly.
He also received a grant of 1,889 Restricted Stock Units, each representing a contingent right to receive one share of common stock, and this RSU award will vest on the earlier of the first anniversary of the grant date or the next annual meeting of shareowners. A separate entry shows 57 shares of common stock held indirectly through SreeSoma LP, where he and his spouse are equal partners and he disclaims beneficial ownership beyond his pecuniary interest. A footnote notes that fractional shares were settled in cash and confirms that some RSUs vested on May 22, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,785 shares
Net Buy
4 txns
Insider
Somasundaram Sivasankaran
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,786 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 1,889 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,785 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 1,889 shares (Direct);
Common Stock — 1,785 shares (Direct);
Common Stock — 57 shares (Indirect, By SreeSoma LP)
Footnotes (5)
- 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. The Reporting Person and his spouse are equal partners of SreeSoma LP. The Reporting Person expressly disclaims beneficial ownership except to the extent of his pecuniary interest therein.
- F4. The RSUs vested on May 22, 2026.
- F5. 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: 1,785 shares
Exercise price: $0.0000 per share
New RSU grant: 1,889 RSUs
+4 more
7 metrics
Common shares acquired
1,785 shares
Shares of common stock directly held following derivative exercise on May 22, 2026
Exercise price
$0.0000 per share
Stated price per share for 1,785 common shares acquired via derivative exercise
New RSU grant
1,889 RSUs
Restricted Stock Units granted, each representing one common share, on May 22, 2026
Underlying shares for RSU grant
1,889 shares
Common stock underlying the newly granted RSUs
RSUs exercised
1,786 RSUs
Derivative exercise converting RSUs into common stock, leaving zero in that lot
Indirect common shares
57 shares
Common stock held indirectly through SreeSoma LP after the reported transactions
RSU vesting date
May 22, 2026
Date on which a set of RSUs vested, per filing footnote
Key Terms
Restricted Stock Units, derivative security, pecuniary interest, fractional shares, +1 more
5 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.
derivative security financial
"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.
pecuniary interest financial
"expressly disclaims beneficial ownership except to the extent of his pecuniary interest therein"
indirect ownership financial
"57.0000, I, By SreeSoma LP"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did SOLS director Somasundaram Sivasankaran report on this Form 4?
He reported exercising derivative securities to acquire 1,785 shares of Solstice Advanced Materials common stock and receiving a grant of 1,889 Restricted Stock Units. The filing also updates a small indirect holding of 57 common shares held through SreeSoma LP.
What Restricted Stock Unit (RSU) activity did SOLS disclose for Somasundaram Sivasankaran?
He received a grant of 1,889 Restricted Stock Units, each representing a contingent right to one Solstice Advanced Materials common share. The RSUs will vest on the earliest of the first anniversary of the grant date or the next annual meeting of shareowners, according to the filing footnotes.
When did Somasundaram Sivasankaran’s RSUs in Solstice Advanced Materials vest?
One RSU award referenced in the filing vested on May 22, 2026, leading to the exercise of 1,786 RSUs into common stock. A separate RSU grant of 1,889 units will vest on the earlier of one year from grant or the next annual shareowner meeting.