UL Solutions director granted 2,206 deferred stock units

Torstad Elisabeth reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Torstad Elisabeth reported acquisition or exercise transactions in this Form 4 filing.

UL Solutions Inc. director Elisabeth Torstad received an equity-based compensation award in the form of deferred restricted stock units. She was granted 2,206 Deferred Restricted Stock Units, each representing the right to receive one share of Class A Common Stock, bringing her total reported derivative holdings in this award to 2,206 units.

The DRSUs will vest on the earlier of the one-year anniversary of the grant date or the company’s next annual meeting after the grant. Once vested, they will be settled in shares of Class A Common Stock in accordance with the company’s Non-Employee Director Deferred Compensation Plan.

Insights

Equity Compensation Analyst

Routine director equity grant using deferred restricted stock units.

Director Elisabeth Torstad received 2,206 Deferred Restricted Stock Units as part of non-employee director compensation at UL Solutions Inc. Each unit converts into one share of Class A Common Stock upon settlement.

The units vest on the earlier of the one-year anniversary of the grant or the next annual meeting, aligning director incentives with shareholders over that period. Settlement is governed by the Non-Employee Director Deferred Compensation Plan, making this a structured, non-cash compensation event rather than a market purchase or sale.

Insider Trade Summary

Grant/Award: 2,206 shares

Grant/Award 1 txn

Insider Torstad Elisabeth

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Deferred Restricted Stock Units	2,206	$0.00	$0.00

Holdings After Transaction: Deferred Restricted Stock Units — 2,206 contracts (Direct)

Footnotes (2)

1. F1. Each deferred restricted stock unit ("DRSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
2. F2. 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 restricted stock units granted: 2,206 units Price per DRSU: $0.0000 Underlying Class A shares: 2,206 shares

3 metrics

Deferred restricted stock units granted 2,206 units Grant to director on 2026-05-20

Price per DRSU $0.0000 Grant price; compensation award, not a market purchase

Underlying Class A shares 2,206 shares Each DRSU represents one share of Class A Common Stock

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

"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.

Non-Employee Director Deferred Compensation Plan financial

"pursuant to the Issuer's Non-Employee Director Deferred Compensation Plan (the "Plan")"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did UL Solutions (ULS) director Elisabeth Torstad report in this Form 4?

Director Elisabeth Torstad reported receiving 2,206 Deferred Restricted Stock Units from UL Solutions Inc. These derivative units are a form of equity compensation and each represents the right to receive one share of the company’s Class A Common Stock upon settlement, subject to vesting.

How many deferred restricted stock units did UL Solutions (ULS) grant to its director?

UL Solutions granted 2,206 Deferred Restricted Stock Units to director Elisabeth Torstad. After this grant, the filing shows 2,206 such units attributable to this award. Each DRSU corresponds to one share of Class A Common Stock when it ultimately settles under the company’s plan.

When do the UL Solutions (ULS) deferred restricted stock units granted to the director vest?

The deferred restricted stock units vest on the earlier of the one-year anniversary of the grant date or the date of UL Solutions’ annual meeting following the grant. This schedule ties the director’s compensation to service through a clear, time-based vesting condition over approximately one year.

What does each UL Solutions (ULS) deferred restricted stock unit represent?

Each deferred restricted stock unit represents a contingent right to receive one share of UL Solutions’ Class A Common Stock. The units are not actual shares until they vest and are settled, making them a derivative form of equity compensation for the non-employee director.

How and when will the UL Solutions (ULS) director’s DRSUs be settled?

After vesting, the DRSUs will be settled in shares of Class A Common Stock. Settlement occurs either on a date the director selects under UL Solutions’ Non-Employee Director Deferred Compensation Plan or as otherwise provided by that plan’s terms, offering structured deferral flexibility.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/22/2026 - 09:18 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Torstad Elisabeth

(Last) (First) (Middle)

C/O UL SOLUTIONS, INC.

333 PFINGSTEN ROAD

(Street)

NORTHBROOK ILLINOIS 60062

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
UL Solutions Inc. [ ULS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Deferred Restricted Stock Units	(1)	05/20/2026		A		2,206		(2)	(2)	Class A Common Stock	2,206	$0	2,206	D

Explanation of Responses:

1. Each deferred restricted stock unit ("DRSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.

2. 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.

	/s/ Ryan Robinson, Attorney-in-Fact	05/22/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)