Solstice director granted 2 RSUs in stock award
Worrell Brian reported acquisition or exercise transactions in this Form 4 filing.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. 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.
- 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 time as the underlying RSUs.
- F3. 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
Key Terms
Restricted Stock Units financial
dividend equivalent rights financial
vest financial
grant, award, or other acquisition financial
FAQ
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What did Solstice Advanced Materials (SOLS) director Brian Worrell report on this Form 4?
How many Solstice Advanced Materials (SOLS) RSUs were granted to Brian Worrell?
When do Brian Worrell’s Solstice (SOLS) RSUs vest?
What are dividend equivalent rights mentioned in the Solstice (SOLS) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.