UL Solutions (NYSE: ULS) officer adds dividend-equivalent RSUs in insider Form 4
Rhea-AI Filing Summary
UL Solutions Inc. executive reports additional dividend-based RSUs. An officer of UL Solutions Inc. (ULS), serving as Executive Vice President, Chief Business Operations and Innovation Officer, filed a Form 4 for transactions on 12/08/2025. The filing reports the automatic acquisition of dividend equivalent rights on existing restricted stock units (RSUs), covering 9, 8 and 8 additional units, each representing a contingent right to receive one share of Class A common stock at an exercise price of $0.
The dividend equivalent rights accrued on three separate RSU awards and will vest in step with those underlying RSUs. One award vests in three equal installments on the first, second and third anniversaries of May 1, 2024, another on the anniversaries of January 1, 2025, and the third on the anniversaries of April 1, 2025. Following these accruals, the reporting person beneficially owns several thousand RSUs (including prior accrued dividend equivalents) across the three grants in direct ownership.
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FAQ
What insider transaction did UL Solutions Inc. (ULS) report in this Form 4?
The Form 4 reports that a UL Solutions Inc. officer acquired additional dividend equivalent rights on existing restricted stock units (RSUs) on 12/08/2025. These rights are treated as derivative securities that convert into Class A common stock.
How many dividend equivalent rights did the UL Solutions (ULS) officer receive?
The officer acquired dividend equivalent rights on three RSU awards, covering 9, 8 and 8 additional units. Each unit represents a contingent right to receive one share of UL Solutions Class A common stock.
What are dividend equivalent rights in the UL Solutions (ULS) Form 4 filing?
The filing explains that each dividend equivalent right represents a contingent right to receive one share of UL Solutions Class A common stock. These accrue on RSUs when dividends are paid and vest proportionately with the related RSUs.
What are the vesting schedules for the RSUs referenced in the UL Solutions (ULS) Form 4?
One RSU grant vests in three equal installments on the first, second and third anniversaries of May 1, 2024. A second grant vests on the first, second and third anniversaries of January 1, 2025, and a third grant vests on the first, second and third anniversaries of April 1, 2025.
What role does the reporting person hold at UL Solutions Inc. (ULS)?
The reporting person is an officer of UL Solutions Inc., serving as Executive Vice President, Chief Business Operations and Innovation Officer, as noted in the remarks section.
How are the UL Solutions (ULS) RSUs and dividend equivalents held after this transaction?
After the reported transactions, the filing shows that the officer directly holds several thousand restricted stock units, with the totals for each grant including all dividend equivalent rights that have accrued to date.