Solstice (SOLS) director receives new RSU grant, holdings now 1,891 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Worrell Brian reported acquisition or exercise transactions in this Form 4 filing.
Solstice Advanced Materials Inc. director Brian Worrell reported a small equity-based compensation award. He received 2 Restricted Stock Units (RSUs), each representing a right to receive one share of Solstice common stock, tied to dividend equivalent rights that accrue as additional RSUs.
The RSUs will vest on the earlier of the first anniversary of the grant date or the company’s next annual meeting of shareowners. Following these awards and related adjustments, Worrell’s direct holdings, including underlying RSUs, total 1,891 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Worrell Brian
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 1,891 shares (Direct, null);
Common Stock — 1,794 shares (Direct, null)
Footnotes (1)
- 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. Represents dividend equivalent rights in connection with the Issuer's dividend that accrue to the reporting person in RSUs that vest at the same time as the underlying RSUs. 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
RSUs granted: 2 units
Underlying common shares per RSU: 1 share per RSU
Holdings after transactions: 1,891 shares
+2 more
5 metrics
RSUs granted
2 units
Restricted Stock Units awarded to director on June 10, 2026
Underlying common shares per RSU
1 share per RSU
Each RSU converts into one share of common stock
Holdings after transactions
1,891 shares
Total direct holdings including underlying RSUs after June 10, 2026
RSU grant price
$0.0000 per unit
Grant/award acquisition with no exercise price stated
RSU vesting condition
Earlier of 1-year anniversary or next annual meeting
Vesting schedule for the new RSU award
Key Terms
Restricted Stock Units, dividend equivalent rights, vest, grant, award, or other acquisition
4 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.
vest financial
"The RSUs will vest on the earliest of the first anniversary of the grant date..."
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.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did Solstice Advanced Materials (SOLS) director Brian Worrell report on this Form 4?
Brian Worrell reported a small equity compensation award. He received 2 Restricted Stock Units (RSUs), each representing one share of Solstice common stock, with updated direct holdings totaling 1,891 shares including underlying RSUs.
How many Solstice Advanced Materials (SOLS) RSUs were granted to Brian Worrell?
The filing shows a grant of 2 Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share of Solstice common stock, with related dividend equivalent rights accruing as additional RSUs over time.
When do Brian Worrell’s Solstice (SOLS) RSUs vest?
The RSUs will vest on the earliest of two dates: the first anniversary of the grant date or the next annual meeting of Solstice Advanced Materials shareowners. This creates a relatively near-term vesting schedule tied to corporate governance timing.
What are dividend equivalent rights mentioned in the Solstice (SOLS) Form 4?
Dividend equivalent rights give the holder additional RSUs linked to dividends on the underlying shares. In this case, rights accrue to Brian Worrell in RSUs that vest at the same time as the original underlying RSUs, aligning compensation with shareholder dividends.