Solstice CEO receives new RSU awards
Sewell David B reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Sewell David B reported acquisition or exercise transactions in this Form 4 filing.
Solstice Advanced Materials Inc. President and CEO David B. Sewell reported three compensation-related grants of restricted stock units (RSUs) on June 10, 2026. The awards cover 27, 44, and 94 RSUs, each representing a contingent right to receive one share of common stock.
Some of these RSUs represent dividend equivalent rights that accrue in RSUs and vest on the same schedule as underlying awards. Vesting is spread across dates from February 24, 2027 through October 30, 2029, in installments tied to continued employment, indicating routine equity compensation rather than open-market trading.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 94 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 44 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 27 | $0.00 | $0.00 |
Footnotes (5)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of Solstice Advanced Material 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 33% on each of February 24, 2027 and February 24, 2028, and 34% on February 24, 2029, subject to continued employment.
- F5. The RSUs will vest 9,410 on March 17, 2027, 9,409 on March 17, 2028 and 9,695 on March 17, 2029 (in each case, not including dividend equivalent rights), subject to continued employment.
Key Figures
Key Terms
Restricted Stock Units financial
dividend equivalent rights financial
vest financial
continued employment financial
contingent right financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Solstice Advanced Materials (SOLS) CEO report in this Form 4?
Are the SOLS CEO’s reported transactions open-market buys or sells?
How many RSUs did the Solstice (SOLS) CEO receive and what do they represent?
When do the newly reported SOLS RSUs for the CEO vest?
What are dividend equivalent rights mentioned in the Solstice (SOLS) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.