UL Solutions (ULS) director awarded additional RSU dividend units

Rhea-AI Filing Summary

THAMAN MICHAEL H reported acquisition or exercise transactions in this Form 4 filing.

UL Solutions Inc. director Michael H. Thaman received a grant of 4 restricted stock units as dividend equivalent rights tied to existing awards. Each unit represents a contingent right to one share of Class A common stock. These units vest proportionately with the related awards, on the earlier of May 20, 2026 or the next annual meeting after the grant. Following this routine compensation-related accrual, Thaman directly holds 2,805 restricted stock units and associated dividend equivalents.

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

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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^*

THAMAN MICHAEL H

(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)
03/12/2026

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)	03/12/2026		A		4(2)		(3)	(3)	Class A Common Stock	4	$0	2,805(4)	D

Explanation of Responses:

1. Each restricted stock unit 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	03/16/2026
	** 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).
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FAQ

What insider transaction did UL Solutions (ULS) report for Michael H. Thaman?

UL Solutions reported that director Michael H. Thaman was granted 4 restricted stock units as dividend equivalent rights. These units are tied to existing RSU awards and increase his total direct RSU and dividend equivalent holdings to 2,805 units.

Is the UL Solutions (ULS) Form 4 transaction a stock purchase or sale?

The Form 4 shows a grant of restricted stock units, not an open-market stock purchase or sale. It reflects compensation-related dividend equivalent rights credited to Michael H. Thaman’s existing RSU holdings, rather than a discretionary buy or sell in the market.

How many restricted stock units does Michael H. Thaman hold after this UL Solutions (ULS) filing?

After the reported grant, Michael H. Thaman holds 2,805 restricted stock units and related dividend equivalent rights. Each unit represents a contingent right to receive one share of UL Solutions’ Class A common stock, subject to applicable vesting conditions described in the filing.

When do Michael H. Thaman’s new UL Solutions (ULS) restricted stock units vest?

The newly accrued dividend equivalent restricted stock units vest proportionately with the underlying RSUs. Those RSUs vest on the earlier of May 20, 2026 or the date of the annual meeting following the grant date, aligning vesting timing across related awards.

What are dividend equivalent rights in the UL Solutions (ULS) Form 4 filing?

Dividend equivalent rights are additional RSU credits that accrue based on dividends declared on UL Solutions’ stock. In this filing, they are granted as 4 extra restricted stock units that vest on the same schedule as the underlying RSUs already held by Michael H. Thaman.