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UL Solutions (NYSE: ULS) CFO granted dividend RSU awards as equity pay

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Robinson Ryan D reported acquisition or exercise transactions in this Form 4 filing.

UL Solutions Inc. Executive VP & CFO Ryan D. Robinson reported compensation-related equity activity. On 2026-03-12, he received two grants of restricted stock units (RSUs), each for 16 units tied to the company’s Class A common stock, totaling 32 units of dividend-equivalent RSUs.

Footnotes explain that each RSU represents a contingent right to receive one share of Class A common stock. The RSUs reflect accrual of dividend equivalent rights on existing RSU awards that vest in three equal installments on the first, second, and third anniversaries of May 1, 2024 and April 1, 2025. After these transactions, his reported RSU-related holdings include both the base awards and accumulated dividend equivalents.

Positive

  • None.

Negative

  • None.
Insider Robinson Ryan D
Role Executive VP & CFO
Type Security Shares Price Value
Grant/Award Restricted Stock Units 16 $0.00 --
Grant/Award Restricted Stock Units 16 $0.00 --
Holdings After Transaction: Restricted Stock Units — 9,734 shares (Direct)
Footnotes (1)
  1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock. Represents accrual of dividend equivalent rights on restricted stock units held by the Reporting Person. The dividend equivalent rights accrued on restricted stock units held by the Reporting Person and vest proportionately with the restricted stock units to which they relate. The restricted stock units vested or will 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. The dividend equivalent rights accrued on restricted stock units held by the Reporting Person and vest proportionately with the restricted stock units to which they relate. The restricted stock units will vest in three equal installments on the first, second and third anniversaries of April 1, 2025.
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*
Robinson Ryan D

(Last) (First) (Middle)
C/O UL SOLUTIONS INC.
333 PFINGSTEN ROAD

(Street)
NORTHBROOK IL 60062

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
UL Solutions Inc. [ ULS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Executive VP & CFO
3. Date of Earliest Transaction (Month/Day/Year)
03/12/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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
Restricted Stock Units (1) 03/12/2026 A 16(2) (3) (3) Class A Common Stock 16 $0 9,734(4) D
Restricted Stock Units (1) 03/12/2026 A 16(2) (5) (5) Class A Common Stock 16 $0 9,283(4) D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
2. Represents accrual of dividend equivalent rights on restricted stock units held by the Reporting Person.
3. The dividend equivalent rights accrued on restricted stock units held by the Reporting Person and vest proportionately with the restricted stock units to which they relate. The restricted stock units vested or will vest in three equal installments on the first, second and third anniversaries of May 1, 2024.
4. Includes restricted stock units and all dividend equivalent rights that have accrued on such restricted stock units to date.
5. The dividend equivalent rights accrued on restricted stock units held by the Reporting Person and vest proportionately with the restricted stock units to which they relate. The restricted stock units will vest in three equal installments on the first, second and third anniversaries of April 1, 2025.
/s/ Ryan Robinson 03/16/2026
** 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.

FAQ

What insider activity did UL Solutions (ULS) report for CFO Ryan D. Robinson?

CFO Ryan D. Robinson reported two acquisitions of restricted stock units on March 12, 2026. These RSUs represent dividend equivalent rights accrued on existing awards and are part of his overall equity-based compensation, not open-market share purchases or sales.

How many restricted stock units did the UL Solutions CFO acquire on this Form 4?

The CFO acquired two separate blocks of 16 restricted stock units, totaling 32 units. Each RSU corresponds to a right to receive one share of UL Solutions Class A common stock, linked to dividend equivalents on prior RSU grants with multi-year vesting schedules.

What do the UL Solutions dividend equivalent restricted stock units represent?

Each restricted stock unit represents a contingent right to receive one share of Class A stock. The units reported are dividend equivalent rights that accrued on existing RSU awards, mirroring dividends paid on the underlying shares while following the same vesting timing as those awards.

How do the reported UL Solutions RSUs for the CFO vest over time?

The dividend equivalent RSUs vest proportionately with their related RSU awards. Those underlying awards vest in three equal installments on the first, second, and third anniversaries of May 1, 2024 and April 1, 2025, creating a staggered, multi-year vesting schedule for the CFO’s equity.

Is the UL Solutions Form 4 for the CFO a stock sale or a routine grant?

The Form 4 reflects routine grant or award acquisitions of restricted stock units, not stock sales. Transaction code “A” and the description identify these as compensation-related awards of dividend equivalent rights rather than open-market purchases or disposals of UL Solutions common shares.
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