UL Solutions (NYSE: ULS) director awarded dividend-equivalent RSUs, now holds 2,801 units

Rhea-AI Filing Summary

UL Solutions Inc. reported that one of its directors acquired additional equity-based compensation through dividend equivalents on existing restricted stock units. On December 8, 2025, the director received 4 dividend equivalent restricted stock units, each representing the right to receive one share of Class A common stock at an exercise price of $0. These dividend equivalents accrue on restricted stock units and vest proportionately with them, with the related restricted stock units scheduled to vest on the earlier of May 20, 2026 or the date of the annual meeting following the grant date. After this transaction, the director beneficially owned 2,801 restricted stock units and related dividend equivalents in total, all held directly.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

DOLLIVE JAMES P

(Last) (First) (Middle)

C/O UL SOLUTIONS INC.

333 PFINGSTEN ROAD

(Street)

NORTHBROOK IL 60062

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
UL Solutions Inc. [ ULS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/08/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	12/08/2025		A		4(2)		(3)	(3)	Class A Common Stock	4	$0	2,801(4)	D

Explanation of Responses:

1. Each dividend equivalent right represents a contingent right to receive one share of the Issuer's Class A Common Stock.

2. Represents accrual of dividend equivalent rights on restricted stock units held by the Reporting Person.

3. The dividend equivalent rights accrued on restricted stock units held by the Reporting Person and vest proportionately with the restricted stock units to which they relate. The restricted stock units will vest on the earlier of May 20, 2026 or the date of the annual meeting following the grant date.

4. Includes restricted stock units and all dividend equivalent rights that have accrued on such restricted stock units to date.

	/s/ Ryan Robinson, Attorney-in-Fact	12/10/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did UL Solutions Inc. (ULS) report in this Form 4?

The filing shows that a director of UL Solutions Inc. acquired 4 dividend equivalent restricted stock units on December 8, 2025, tied to the company27s Class A common stock.

What are the dividend equivalent rights reported for UL Solutions Inc. (ULS)?

Each dividend equivalent right is a contingent right to receive one share of UL Solutions Inc.27s Class A common stock, accruing on restricted stock units held by the director.

How many UL Solutions Inc. (ULS) restricted stock units does the director hold after this transaction?

Following the reported transaction, the director beneficially owned 2,801 restricted stock units and related dividend equivalent rights, all held directly.

When do the UL Solutions Inc. (ULS) restricted stock units related to these dividend equivalents vest?

The restricted stock units related to these dividend equivalents will vest on the earlier of May 20, 2026 or the date of the annual meeting following the grant date.

Did the UL Solutions Inc. (ULS) director pay anything for the dividend equivalent restricted stock units?

No cash payment was required; the 4 dividend equivalent restricted stock units were acquired at an exercise price of $0, reflecting equity-based compensation.

What type of ownership does the UL Solutions Inc. (ULS) director have in these securities?

The Form 4 indicates that the 2,801 restricted stock units and dividend equivalents are held under direct ownership by the reporting director.