UL Solutions (ULS) EVP reports new RSU dividend equivalents on Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
UL Solutions Inc. executive Scott D’Angelo reported an automatic acquisition of additional restricted stock units (RSUs) tied to dividend equivalents. On March 12, 2026, two compensation-related entries added 14 and 6 RSUs, each representing the right to receive one share of Class A common stock.
The footnotes explain these are dividend equivalent rights accruing on previously granted RSUs. These dividend equivalents vest in step with the underlying RSUs, which are scheduled to vest in three equal installments on the first, second, and third anniversaries of May 1, 2025. No open‑market purchases or sales were reported; this filing reflects routine equity compensation accrual.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
D'Angelo Scott
Role
EVP, CLO & Corporate Secy
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 14 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 6 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 8,623 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock. Represents accrual of dividend equivalent rights on restricted stock units held by the Reporting Person. 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 in three equal installments on the first, second and third anniversaries of May 1, 2025. Includes restricted stock units and all dividend equivalent rights that have accrued on such restricted stock units to date.
FAQ
What did UL Solutions (ULS) EVP Scott D’Angelo report on this Form 4?
Scott D’Angelo reported automatic acquisitions of additional restricted stock units at UL Solutions. These units arise from dividend equivalent rights on existing RSUs and represent rights to receive shares of Class A common stock as part of ongoing equity compensation.
Were there any open-market stock purchases or sales by UL Solutions EVP in this Form 4?
No open-market purchases or sales were reported. The Form 4 only shows automatic acquisitions of restricted stock units via dividend equivalent rights, which are compensation-related adjustments rather than discretionary buying or selling of UL Solutions Class A common stock in the market.
How many restricted stock units were added for UL Solutions EVP Scott D’Angelo?
Two separate derivative transactions added 14 and 6 restricted stock units. Each unit represents a contingent right to receive one share of UL Solutions Class A common stock, tied to dividend equivalents accruing on previously granted RSUs held by the executive.
What are dividend equivalent rights on UL Solutions restricted stock units?
Dividend equivalent rights provide additional RSUs that mirror dividends on common stock for unvested RSUs. For UL Solutions, these rights accrue on existing RSUs held by the reporting person and convert into extra RSUs that vest proportionately with the underlying RSU awards over time.
Does this UL Solutions Form 4 change Scott D’Angelo’s ownership through options or other derivatives?
The filing shows two derivative entries for restricted stock units but no remaining derivative summary beyond these awards. It reflects incremental RSUs from dividend equivalents as part of compensation, not new option exercises or complex derivatives changing his exposure to UL Solutions stock.