UL Solutions director acquires 19 stock units
A UL Solutions Inc. director accrued small amounts of dividend-based deferred and restricted stock units, increasing his stock-based award holdings.
Rhea-AI Filing Summary
UL Solutions Inc. (ULS) director Kevin Kennedy reported three acquisitions of equity-based awards on September 10, 2026. He received 10 Deferred Restricted Stock Units (DRSUs) and 5 additional DRSUs as dividend equivalent accruals on previously vested DRSUs, and 4 Restricted Stock Units (RSUs) as dividend equivalent accruals. Each RSU and DRSU represents a contingent right to receive one share of Class A Common Stock, and the RSU-related position totals 2,213 units after this transaction. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 19 shares
Grant/Award
3 txns
Insider
KENNEDY KEVIN
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Restricted Stock Units F1, F2, F3, F4 | 10 | $0.00 | $0.00 |
| Grant/Award | Deferred Restricted Stock Units F1, F2, F5, F4 | 5 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units F1, F6, F7, F8 | 4 | $0.00 | $0.00 |
Holdings After Transaction:
Deferred Restricted Stock Units — 7,793 contracts (Direct);
Restricted Stock Units — 2,213 contracts (Direct)
Footnotes (8)
- F1. Each restricted stock unit ("RSU") and deferred restricted stock unit ("DRSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- F2. Represents accrual of dividend equivalent rights on DRSUs held by the Reporting Person.
- F3. The dividend equivalent rights accrued on DRSUs held by the Reporting Person and vest proportionately with the DRSUs to which they relate. The DRSUs vested on May 1, 2025, 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.
- F4. Includes DRSUs and all dividend equivalent rights that have accrued on such DRSUs to date.
- F5. The dividend equivalent rights accrued on DRSUs held by the Reporting Person and vest proportionately with the DRSUs to which they relate. The DRSUs vested on May 20, 2026, 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 Plan, or (ii) as otherwise provided by the Plan.
- F6. Represents accrual of dividend equivalent rights on RSUs held by the Reporting Person.
- F7. The dividend equivalent rights accrued on RSUs held by the Reporting Person and vest proportionately with the RSUs to which they relate. The RSUs vest on the earlier of May 20, 2027, or the date of the annual meeting following the May 20, 2026, grant date.
- F8. Includes RSUs and all dividend equivalent rights that have accrued on such RSUs to date.
Key Figures
Deferred Restricted Stock Units acquired (accrual 1): 10 units
Deferred Restricted Stock Units acquired (accrual 2): 5 units
Restricted Stock Units acquired: 4 units
+2 more
5 metrics
Deferred Restricted Stock Units acquired (accrual 1)
10 units
Dividend equivalent rights accrued on DRSUs as of September 10, 2026
Deferred Restricted Stock Units acquired (accrual 2)
5 units
Additional dividend equivalent rights accrued on DRSUs as of September 10, 2026
Restricted Stock Units acquired
4 units
Dividend equivalent rights accrued on RSUs as of September 10, 2026
RSUs held after transaction
2,213 units
Total RSUs including accrued dividend equivalent rights following September 10, 2026 transaction
RSU vesting reference date
May 20, 2027
RSUs vest on the earlier of May 20, 2027 or the annual meeting following May 20, 2026
Key Terms
Deferred Restricted Stock Units, dividend equivalent rights, Non-Employee Director Deferred Compensation Plan, Class A Common Stock
4 terms
Deferred Restricted Stock Units financial
"Each restricted stock unit ("RSU") and deferred restricted stock unit ("DRSU") represents"
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.
dividend equivalent rights financial
"Represents accrual of dividend equivalent rights on DRSUs held by the Reporting"
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.
Non-Employee Director Deferred Compensation Plan financial
"pursuant to the Issuer's Non-Employee Director Deferred Compensation Plan"
Class A Common Stock financial
"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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did ULS director Kevin Kennedy report on this Form 4?
He reported three acquisitions on September 10, 2026: 10 Deferred Restricted Stock Units, 5 additional DRSUs, and 4 Restricted Stock Units, all at a reported price of $0.0000 per unit as equity-based awards.
How many UL Solutions (ULS) RSUs does Kevin Kennedy hold after these transactions?
After the September 10, 2026 RSU-related transaction, Kevin Kennedy holds 2,213 Restricted Stock Units, including all dividend equivalent rights that have accrued on those RSUs to date.
What do the RSUs and DRSUs reported for ULS represent?
Each RSU and Deferred Restricted Stock Unit (DRSU) represents a contingent right to receive one share of UL Solutions Inc.’s Class A Common Stock, subject to the applicable vesting and settlement terms described in the award and company plans.
Are the UL Solutions (ULS) DRSU awards tied to dividends?
Yes. The reported 10 and 5 DRSUs represent dividend equivalent rights accrued on DRSUs already held, which vest proportionately with the underlying DRSUs and are settled in Class A Common Stock under the company’s director deferred compensation plan.
When do Kevin Kennedy’s ULS RSUs from this filing vest?
The RSUs associated with the 4 dividend equivalent rights vest on the earlier of May 20, 2027, or the date of the annual meeting following the May 20, 2026 grant date, according to the award’s vesting schedule.
Were Kevin Kennedy’s ULS transactions made under a Rule 10b5-1 plan?
No. The filing indicates no Rule 10b5-1 trading plan; the document-level checkbox for such a plan is marked as not affirming that the reported transactions were made under a Rule 10b5-1 arrangement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
