Solstice CEO granted 174 RSUs in Form 4
Solstice Advanced Materials Inc. President and CEO David B. Sewell reported the acquisition of three small awards of restricted stock units totaling 174 RSUs, consisting of 99, 46, and 29 units.
Rhea-AI Filing Summary
Solstice Advanced Materials Inc. President and CEO David B. Sewell reported the acquisition of three small awards of restricted stock units totaling 174 RSUs, consisting of 99, 46, and 29 units. Each RSU represents a right to receive one share of common stock when it vests.
The RSUs are dividend equivalent rights that accrue on existing RSU grants and will vest on the same schedules as those underlying awards, with installments between 2027 and 2029, subject to continued employment.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 99 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 46 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 29 | $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.
- 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the latest Form 4 for SOLS show about David B. Sewell?
How many restricted stock units did the SOLS CEO receive in this Form 4?
Are the SOLS CEO’s new RSUs open-market buys or sales?
When will David B. Sewell’s new SOLS RSUs vest?
What are dividend equivalent RSUs mentioned in the SOLS Form 4?
How many RSUs does the SOLS CEO hold after these grants?
AI-generated analysis. How Rhea-AI works. Not financial advice.