UL Solutions (NYSE: ULS) EVP Linda Chapin gains stock via RSU awards and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
UL Solutions Inc. EVP & CHRO Linda S. Chapin reported several compensation-related equity transactions. She exercised 917 restricted stock units into Class A common stock and received a grant of 2,365 new restricted stock units, each representing a right to one Class A share.
On the same date, she acquired 5,815 shares of Class A common stock and had 385 and 2,577 shares withheld at $84.57 per share to cover tax obligations. After these transactions, she directly owned 22,073 shares of Class A common stock and continued to hold restricted stock units that vest over future anniversaries.
Positive
- None.
Negative
- None.
Insider Trade Summary
917 shares exercised/converted
Mixed
6 txns
Insider
Chapin Linda S
Role
EVP & CHRO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 917 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 2,365 | $0.00 | -- |
| Exercise | Class A Common Stock | 917 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 385 | $84.57 | $33K |
| Grant/Award | Class A Common Stock | 5,815 | $84.57 | $492K |
| Tax Withholding | Class A Common Stock | 2,577 | $84.57 | $218K |
Holdings After Transaction:
Restricted Stock Units — 1,838 shares (Direct);
Class A Common Stock — 19,220 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock. The Class A Common Stock was issued to the Reporting Person upon settlement of performance cash awards granted under the Issuer's Pre-IPO Long Term Incentive Plan as a result of the achievement of certain performance criteria not related to the passage of time or stock price. The restricted stock units vest in three equal installments on the first, second and third anniversaries of April 1, 2025. Includes restricted stock units and all dividend equivalent rights that have accrued on such restricted stock units to date. The restricted stock units vest in three equal installments on the first, second and third anniversaries of April 1, 2026.
Key Figures
RSUs exercised: 917 units
New RSU grant: 2,365 units
Share award: 5,815 shares
+4 more
7 metrics
RSUs exercised
917 units
Restricted stock units converted into Class A common stock on April 1, 2026
New RSU grant
2,365 units
Restricted stock units granted, each representing one Class A share
Share award
5,815 shares
Class A common stock granted on April 1, 2026
Tax withholding shares
2,962 shares
Combined 385 and 2,577 shares withheld to cover tax liabilities
Tax withholding price
$84.57 per share
Valuation used for Class A shares delivered for tax obligations
Shares owned after
22,073 shares
Direct Class A common stock holdings following all reported transactions
RSUs after exercise
1,838 units
Restricted stock units remaining in that specific award after 917-unit settlement
Key Terms
Restricted Stock Units, tax-withholding disposition, Pre-IPO Long Term Incentive Plan, dividend equivalent rights, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit 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.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Pre-IPO Long Term Incentive Plan financial
"performance cash awards granted under the Issuer's Pre-IPO Long Term Incentive Plan"
dividend equivalent rights financial
"Includes restricted stock units and all dividend equivalent rights that have accrued"
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.
performance criteria financial
"as a result of the achievement of certain performance criteria not related to the passage of time"
FAQ
What equity transactions did ULS executive Linda S. Chapin report on this Form 4?
Linda S. Chapin reported compensation-related equity activity, including exercising 917 restricted stock units into Class A common stock and receiving grants of additional restricted stock units and shares. These entries reflect routine long-term incentive plan settlements rather than open-market purchases or sales.
How many UL Solutions (ULS) restricted stock units did Linda Chapin acquire?
Linda Chapin acquired 2,365 restricted stock units, each representing a contingent right to one share of UL Solutions Class A common stock. These units vest in three equal installments on the first, second, and third anniversaries of April 1, 2026, aligning with long-term incentive compensation.
Were any of Linda Chapin’s UL Solutions (ULS) transactions open-market sales or purchases?
The filing shows no open-market sales or purchases. Activity consists of derivative exercises, share grants, and tax-withholding dispositions coded as “M,” “A,” and “F.” Shares withheld under code “F” were delivered to cover tax liabilities rather than sold in the market.
What price is shown for Linda Chapin’s UL Solutions (ULS) tax-withholding entries?
The tax-withholding dispositions are recorded at $84.57 per share for UL Solutions Class A common stock. This price is used to value 385 and 2,577 shares withheld to satisfy tax obligations arising from equity awards, not from discretionary market trades.
How do Linda Chapin’s UL Solutions (ULS) RSUs vest over time?
Certain restricted stock units vest in three equal installments on the first, second, and third anniversaries of April 1, 2025, while others vest similarly from April 1, 2026. This schedule ties Linda Chapin’s compensation to UL Solutions’ long-term performance and continued service.