Solstice (SOLS) chief accounting officer granted additional RSU awards
Rhea-AI Filing Summary
Barresi John S reported acquisition or exercise transactions in this Form 4 filing.
Solstice Advanced Materials Inc. chief accounting officer John S. Barresi reported routine equity compensation activity, receiving two awards of restricted stock units (RSUs) tied to company common stock. The filing shows grants of 4 RSUs and 25 RSUs, both at a price of $0.00 per unit.
Each RSU represents a contingent right to receive one share of common stock. Footnotes explain that some RSUs are dividend equivalent rights that accrue in connection with Solstice’s dividends and vest on the same schedule as the underlying RSUs, subject to continued employment.
The vesting terms disclosed include RSUs scheduled to vest 33% on each of February 24, 2027 and February 24, 2028, and 34% on February 24, 2029, as well as 8,584 RSUs on June 16, 2026, 8,584 on June 16, 2027, and 7,357 on June 16, 2028, all conditioned on continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 4 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 25 | $0.00 | -- |
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of Solstice Advanced Materials Inc. (the "Issuer") 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 times as the underlying RSUs. 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. The RSUs will vest 8,584 on June 16, 2026, 8,584 on June 16, 2027 and 7,357 on June 16, 2028 (in each case, not including dividend equivalent rights), subject to continued employment.