UL Solutions (NYSE: ULS) officer receives small RSU dividend accruals
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hancock Lynn H reported acquisition or exercise transactions in this Form 4 filing.
UL Solutions Inc. reported that officer Lynn H. Hancock received several small grants of restricted stock units on June 8, 2026. These RSU entries represent accruals of dividend equivalent rights, with each unit convertable into one share of Class A Common Stock as related RSUs vest over previously disclosed three-year schedules.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Hancock Lynn H
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 3 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 2 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 2 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 1,305 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock. Represents accrual of dividend equivalent rights on RSUs held by the Reporting Person. The dividend equivalent rights accrued on RSUs held by the Reporting Person and vest proportionately with the RSUs to which they relate. The RSUs vest in three equal installments on the first, second and third anniversaries of May 1, 2024. Includes RSUs and all dividend equivalent rights that have accrued on such RSUs to date. The dividend equivalent rights accrued on RSUs held by the Reporting Person and vest proportionately with the RSUs to which they relate. The RSUs vest in three equal installments on the first, second and third anniversaries of January 1, 2025. The dividend equivalent rights accrued on RSUs held by the Reporting Person and vest proportionately with the RSUs to which they relate. The RSUs vest in three equal installments on the first, second and third anniversaries of April 1, 2025. The dividend equivalent rights accrued on RSUs held by the Reporting Person and vest proportionately with the RSUs to which they relate. The RSUs vest in three equal installments on the first, second and third anniversaries of April 1, 2026.
Key Figures
RSU grant 1: 2 RSUs
RSU grant 2: 2 RSUs
RSU grant 3: 3 RSUs
+2 more
5 metrics
RSU grant 1
2 RSUs
Award on June 8, 2026; derivative, grant/award acquisition
RSU grant 2
2 RSUs
Award on June 8, 2026; derivative, grant/award acquisition
RSU grant 3
3 RSUs
Award on June 8, 2026; derivative, grant/award acquisition
RSU grant 4
1 RSU
Award on June 8, 2026; derivative, grant/award acquisition
Post-transaction holding example
2,029 RSUs
Total RSUs following one transaction entry
Key Terms
Restricted Stock Units, dividend equivalent rights, Class A Common Stock, vest in three equal installments
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 accrual of dividend equivalent rights on RSUs held by the Reporting Person"
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.
Class A Common Stock financial
"to receive one share of the Issuer's Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
vest in three equal installments financial
"The RSUs vest in three equal installments on the first, second and third anniversaries"
FAQ
What insider activity did UL Solutions (ULS) report for Lynn H. Hancock?
UL Solutions reported that officer Lynn H. Hancock received small additional restricted stock unit awards on June 8, 2026. These reflect accrued dividend equivalent rights tied to existing RSU grants rather than open-market share purchases.
How many restricted stock units did Lynn H. Hancock acquire in this UL Solutions Form 4?
The Form 4 shows four small RSU acquisitions totaling 8 units on June 8, 2026. Each restricted stock unit represents a contingent right to receive one share of UL Solutions’ Class A Common Stock when it vests.
What do the dividend equivalent rights mean in the UL Solutions (ULS) Form 4?
Dividend equivalent rights give the holder additional RSUs when dividends are paid on UL Solutions’ Class A Common Stock. For Lynn H. Hancock, these rights accrued on existing RSUs and will vest proportionately with the underlying RSUs over their stated schedules.
When do Lynn H. Hancock’s UL Solutions RSUs mentioned in this filing vest?
The RSUs referenced in the footnotes vest in three equal installments on the first, second and third anniversaries of grant dates in May 2024, January 2025, April 2025 and April 2026, aligning dividend equivalent rights with those vesting timelines.
Are the UL Solutions (ULS) Form 4 transactions open-market purchases or sales?
No, the Form 4 transactions are not open-market trades. They are coded as awards of restricted stock units and reflect grant or accrual activity, specifically dividend equivalent rights, rather than buying or selling shares in the market.