UL Solutions (ULS) director receives 2,206 deferred restricted stock units as equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hooper Charles W reported acquisition or exercise transactions in this Form 4 filing.
UL Solutions Inc. director Charles W. Hooper received a grant of 2,206 Deferred Restricted Stock Units (DRSUs). Each DRSU represents the right to receive one share of UL Solutions Class A Common Stock.
The DRSUs will vest on the earlier of the one-year anniversary of the grant date or the next annual meeting following the grant date. Once vested, they will be settled in Class A Common Stock on a date selected under the company’s Non-Employee Director Deferred Compensation Plan or as otherwise provided by that plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hooper Charles W
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Restricted Stock Units | 2,206 | $0.00 | -- |
Holdings After Transaction:
Deferred Restricted Stock Units — 2,206 shares (Direct, null)
Footnotes (1)
- Each deferred restricted stock unit ("DRSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock. The DRSUs will vest on the earlier of the one-year anniversary of the grant date or the date of the annual meeting following the grant date and will be settled in shares of the Issuer's Class A Common Stock either (i) on a date selected by the reporting person pursuant to the Issuer's Non-Employee Director Deferred Compensation Plan (the "Plan"), or (ii) as otherwise provided by the Plan.
Key Figures
Deferred RSUs granted: 2,206 units
Units after transaction: 2,206 units
Conversion ratio: 1 unit : 1 share
+2 more
5 metrics
Deferred RSUs granted
2,206 units
Director equity award on grant date
Units after transaction
2,206 units
Total Deferred Restricted Stock Units held following grant
Conversion ratio
1 unit : 1 share
Each DRSU equals one share of Class A Common Stock
Vesting trigger
Earlier of one-year anniversary or next annual meeting
Vesting schedule for the DRSUs
Grant price
$0.0000 per unit
Reported transaction price per Deferred Restricted Stock Unit
Key Terms
Deferred Restricted Stock Units, Class A Common Stock, Non-Employee Director Deferred Compensation Plan
3 terms
Deferred Restricted Stock Units financial
"Each deferred restricted stock unit ("DRSU") represents a contingent right to receive one share"
Deferred restricted stock units are promises by a company to give employees or executives company shares at a future date, subject to conditions like continued employment or performance targets; the delivery and tax event are intentionally delayed. They matter to investors because they affect when new shares may be issued and how executives are motivated—like a paycheck held in escrow that vests over time, influencing potential share dilution and management behavior.
Class A Common Stock financial
"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.
Non-Employee Director Deferred Compensation Plan financial
"pursuant to the Issuer's Non-Employee Director Deferred Compensation Plan (the "Plan")"
FAQ
What insider transaction did UL Solutions (ULS) report for Charles W. Hooper?
UL Solutions reported that director Charles W. Hooper received a grant of 2,206 Deferred Restricted Stock Units. These units are a form of equity compensation and will convert into shares of Class A Common Stock once they vest and are settled under the company’s director plan.
How many Deferred Restricted Stock Units did the UL Solutions director receive?
Charles W. Hooper received 2,206 Deferred Restricted Stock Units. After this grant, his total reported holdings of these units are 2,206. Each unit represents a contingent right to receive one share of UL Solutions’ Class A Common Stock when the award is ultimately settled.
What does each Deferred Restricted Stock Unit represent at UL Solutions (ULS)?
Each Deferred Restricted Stock Unit represents a contingent right to receive one share of UL Solutions Class A Common Stock. This means that, after vesting and settlement, every DRSU converts into one common share, aligning the director’s compensation with the company’s stock performance over time.
When do the granted Deferred Restricted Stock Units vest for the UL Solutions director?
The Deferred Restricted Stock Units will vest on the earlier of the one-year anniversary of the grant date or the date of the annual meeting following the grant. This schedule ties vesting either to the passage of one year or to the company’s next annual shareholder meeting.