UL Solutions EVP reports equity awards and RSU exercise
UL Solutions Inc. EVP & CHRO Linda S. Chapin reported several compensation-related equity transactions.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 917 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 2,365 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 917 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 385 | $84.57 | $33K |
| Grant/Award | Class A Common Stock | 5,815 | $84.57 | $492K |
| Exercise Price or Tax Liability | Class A Common Stock | 2,577 | $84.57 | $218K |
Footnotes (5)
- F1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- F2. 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.
- F3. The restricted stock units vest in three equal installments on the first, second and third anniversaries of April 1, 2025.
- F4. Includes restricted stock units and all dividend equivalent rights that have accrued on such restricted stock units to date.
- F5. The restricted stock units vest in three equal installments on the first, second and third anniversaries of April 1, 2026.
Key Figures
Key Terms
Restricted Stock Units financial
tax-withholding disposition financial
Pre-IPO Long Term Incentive Plan financial
dividend equivalent rights financial
performance criteria financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity transactions did ULS executive Linda S. Chapin report on this Form 4?
How many UL Solutions (ULS) restricted stock units did Linda Chapin acquire?
Were any of Linda Chapin’s UL Solutions (ULS) transactions open-market sales or purchases?
What price is shown for Linda Chapin’s UL Solutions (ULS) tax-withholding entries?
How do Linda Chapin’s UL Solutions (ULS) RSUs vest over time?
AI-generated analysis. How Rhea-AI works. Not financial advice.