UL Solutions (ULS) officer granted additional RSU dividend equivalents
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Genovesi John A reported acquisition or exercise transactions in this Form 4 filing.
UL Solutions Inc. officer John A. Genovesi reported three small compensation-related awards of restricted stock units (RSUs) on June 8, 2026. These RSUs represent dividend equivalent rights that accrue on existing RSU holdings and each unit corresponds to one share of Class A Common Stock.
The awards cover 4, 4 and 2 RSUs and relate to prior grants that vest in three equal installments on the first, second and third anniversaries of May 1, 2024, April 1, 2025 and April 1, 2026, respectively. Following these accruals, the filing shows updated RSU-related holdings of 2,960, 2,713 and 1,952 units for the affected grants.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Genovesi John A
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 4 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 4 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 1,952 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 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: 4 RSUs
RSU grant 2: 4 RSUs
RSU grant 3: 2 RSUs
+3 more
6 metrics
RSU grant 1
4 RSUs
Dividend equivalent rights, transaction date June 8, 2026
RSU grant 2
4 RSUs
Dividend equivalent rights, transaction date June 8, 2026
RSU grant 3
2 RSUs
Dividend equivalent rights, transaction date June 8, 2026
RSU holdings after grant 1
2,960 RSUs
Total units reported following first transaction
RSU holdings after grant 2
2,713 RSUs
Total units reported following second transaction
RSU holdings after grant 3
1,952 RSUs
Total units reported following third transaction
Key Terms
Restricted Stock Units, dividend equivalent rights, vest in three equal installments, Class A Common Stock
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.
vest in three equal installments financial
"The RSUs vest in three equal installments on the first, second and third anniversaries"
Class A Common Stock financial
"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.
FAQ
What did UL Solutions (ULS) insider John A. Genovesi report in this Form 4?
John A. Genovesi reported three small awards of restricted stock units (RSUs) tied to dividend equivalent rights. These RSUs accrue on existing grants and are part of his equity compensation, rather than open-market share purchases or sales.
How many restricted stock units were granted to John A. Genovesi in this UL Solutions (ULS) filing?
The filing shows three awards of restricted stock units totaling 10 units: grants of 4, 4 and 2 RSUs. Each RSU represents a contingent right to receive one share of UL Solutions Class A Common Stock when the units vest.
What are dividend equivalent rights on UL Solutions (ULS) RSUs in this filing?
Dividend equivalent rights are additional RSUs that accrue on existing RSU holdings when dividends are declared. In this filing, the accruals increase Genovesi’s RSU balances and vest on the same schedule as the underlying RSU grants.
When do John A. Genovesi’s UL Solutions (ULS) RSU awards vest?
The RSUs tied to these dividend equivalent rights vest in three equal installments on the first, second and third anniversaries of May 1, 2024, April 1, 2025 and April 1, 2026, matching the vesting schedules of the underlying RSU grants.
Are the UL Solutions (ULS) Form 4 transactions open-market buys or sells?
No, the transactions are equity awards, not open-market trades. They are classified as grants or awards of derivative securities (RSUs) that represent dividend equivalent rights, so they do not reflect discretionary stock purchases or sales by Genovesi.
How many UL Solutions (ULS) RSUs does John A. Genovesi hold after these transactions?
After these accruals, the filing shows RSU-related holdings of 2,960, 2,713 and 1,952 units for the affected grants. These balances include both the original RSUs and all dividend equivalent rights accrued to date on those specific awards.