UL Solutions (NYSE: ULS) director receives RSU dividend equivalents
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hecker Friedrich reported acquisition or exercise transactions in this Form 4 filing.
UL Solutions Inc. director Friedrich Hecker reported an award of 3 Restricted Stock Units (RSUs) as dividend equivalent rights tied to existing RSU holdings. Each RSU represents a contingent right to receive one share of Class A Common Stock.
These dividend-equivalent RSUs vest proportionately with the underlying RSUs and will vest on the earlier of May 20, 2027, or the date of the annual meeting following the May 20, 2026 grant date. Following this accrual, Hecker holds 2,209 RSUs and related dividend-equivalent rights directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hecker Friedrich
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 2,209 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 on the earlier of May 20, 2027, or the date of the annual meeting following the May 20, 2026, grant date. Includes restricted stock units and all dividend equivalent rights that have accrued on such RSUs to date.
Key Figures
RSUs awarded: 3 RSUs
Total RSUs after award: 2,209 RSUs
RSU-to-share ratio: 1 share per RSU
+2 more
5 metrics
RSUs awarded
3 RSUs
Dividend equivalent rights granted on 2026-06-08
Total RSUs after award
2,209 RSUs
Holdings following transaction
RSU-to-share ratio
1 share per RSU
Each RSU equals one Class A Common Stock share
Latest vesting date
May 20, 2027
RSUs vest by this date or earlier annual meeting
Grant price
$0.00 per unit
Compensation award, not a market purchase
Key Terms
Restricted Stock Units, dividend equivalent rights, Class A Common Stock, annual meeting
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
"Each restricted stock unit ("RSU") represents a contingent right 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.
annual meeting financial
"vest on the earlier of May 20, 2027, or the date of the annual meeting following the May 20, 2026, grant date"
A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.
FAQ
What insider transaction did UL Solutions (ULS) director Friedrich Hecker report?
Friedrich Hecker reported receiving 3 additional Restricted Stock Units as dividend equivalent rights. These RSUs are linked to existing RSU holdings and represent a contingent right to receive Class A Common Stock, increasing his total RSU-based awards to 2,209 units.
How many UL Solutions (ULS) RSUs does Friedrich Hecker hold after this filing?
After the reported award, Friedrich Hecker holds 2,209 Restricted Stock Units and related dividend-equivalent rights. This total reflects both previously granted RSUs and the newly accrued 3 units tied to dividend equivalents on his existing RSU position.
What are dividend equivalent rights on UL Solutions (ULS) RSUs?
Dividend equivalent rights give RSU holders additional units that mirror cash dividends on common stock. For UL Solutions, these rights accrue on existing RSUs and provide extra RSUs that vest proportionately with the underlying RSUs over the same schedule.
When do Friedrich Hecker’s new UL Solutions (ULS) RSUs vest?
The dividend-equivalent RSUs vest on the earlier of May 20, 2027, or the date of the annual meeting following the May 20, 2026 grant. Vesting aligns with the original RSUs’ schedule, so both positions vest proportionately over the same timeframe.
Does this UL Solutions (ULS) Form 4 show a stock purchase or sale?
The Form 4 reports an acquisition of 3 RSUs as a grant or award, not an open-market stock purchase or sale. It reflects compensation-related accrual of dividend equivalent rights rather than a discretionary trade in UL Solutions common shares.