UL Solutions (NYSE: ULS) EVP exercises RSUs and uses shares for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
UL Solutions Inc. executive vice president and chief commercial officer Alberto Uggetti reported routine equity compensation activity involving Class A Common Stock. On May 1, 2026, he exercised 1,132 restricted stock units, converting them into the same number of Class A shares at an exercise price of $0.00 per share.
To cover tax obligations, 268 shares of Class A Common Stock were disposed of through a tax-withholding transaction at $88.03 per share, rather than via an open-market sale. Following these transactions, Uggetti directly holds 16,407 shares of Class A Common Stock.
Footnotes indicate each restricted stock unit represents one share of Class A Common Stock, vesting in three equal installments on the first, second and third anniversaries of May 1, 2024, and that his holdings include restricted stock units plus accrued dividend equivalent rights, reflecting ongoing equity-based compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,132 shares exercised/converted
Mixed
3 txns
Insider
Uggetti Alberto
Role
EVP & CCO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,132 | $0.00 | -- |
| Exercise | Class A Common Stock | 1,132 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 268 | $88.03 | $24K |
Holdings After Transaction:
Restricted Stock Units — 1,139 shares (Direct, null);
Class A Common Stock — 16,675 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock. The restricted stock units vest in three equal installments on the first, second and third anniversaries of May 1, 2024. Includes restricted stock units and all dividend equivalent rights that have accrued on such restricted stock units to date.
Key Figures
RSUs exercised: 1,132 shares
Tax-withholding shares: 268 shares
Tax-withholding price: $88.03 per share
+4 more
7 metrics
RSUs exercised
1,132 shares
Restricted stock units converted to Class A Common Stock on May 1, 2026
Tax-withholding shares
268 shares
Shares delivered to satisfy tax liability on May 1, 2026
Tax-withholding price
$88.03 per share
Value used for 268-share tax-withholding disposition
Shares held after transaction
16,407 shares
Class A Common Stock directly held by Uggetti after transactions
RSUs remaining
1,139 units
Restricted stock units (including dividend equivalents) after derivative entry
Exercise price of RSUs
$0.00 per unit
Restricted stock units converted to Class A Common Stock at no cash exercise price
Vesting schedule start date
May 1, 2024
RSUs vest in three equal installments on anniversaries of this date
Key Terms
Restricted Stock Units, tax-withholding disposition, derivative security, dividend equivalent rights, +1 more
5 terms
Restricted Stock Units financial
"The restricted stock units vest in three equal installments on the first, second and third anniversaries of May 1, 2024."
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.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
dividend equivalent rights financial
"Includes restricted stock units and all dividend equivalent rights that have accrued on such restricted stock units to date."
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.
Class A Common Stock financial
"Each restricted stock unit represents a contingent right to receive 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.
