UL Solutions (ULS) EVP & CHRO receives RSU dividend-equivalent grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
UL Solutions Inc. executive Linda S. Chapin, EVP & CHRO, reported several small grants of restricted stock units (RSUs) tied to dividend equivalents on existing RSU awards. On June 8, 2026, she acquired RSUs covering 2, 3, and 2 underlying shares of Class A Common Stock at no cash cost.
Each RSU represents a contingent right to receive one share of Class A Common Stock, and the dividend equivalent rights vest on the same schedule as the related RSUs. Those RSUs vest in three equal installments on the first, second, and third anniversaries of May 1, 2024, April 1, 2025, and April 1, 2026, respectively. The filing shows routine, compensation-related equity accruals rather than any open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Chapin Linda S
Role
EVP & CHRO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 3 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 2 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 1,466 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock. Represents accrual of dividend equivalent rights on RSUs held by the Reporting Person. 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 in three equal installments on the first, second and third anniversaries of May 1, 2024. Includes RSUs and all dividend equivalent rights that have accrued on such RSUs to date. 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 in three equal installments on the first, second and third anniversaries of April 1, 2025. 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 in three equal installments on the first, second and third anniversaries of April 1, 2026.
Key Figures
RSU grant 1: 2 RSUs
RSU grant 2: 3 RSUs
RSU grant 3: 2 RSUs
+3 more
6 metrics
RSU grant 1
2 RSUs
Grant on June 8, 2026, underlying Class A Common Stock
RSU grant 2
3 RSUs
Grant on June 8, 2026, underlying Class A Common Stock
RSU grant 3
2 RSUs
Grant on June 8, 2026, underlying Class A Common Stock
Holdings after one transaction
1,840 RSUs
Total derivative securities following one June 8, 2026 grant
Holdings after another transaction
2,368 RSUs
Total derivative securities following a different June 8, 2026 grant
Holdings after third transaction
1,466 RSUs
Total derivative securities following a third June 8, 2026 grant
Key Terms
Restricted Stock Units, RSU, dividend equivalent rights, Class A Common Stock, +1 more
5 terms
Restricted Stock Units financial
"Represents accrual of dividend equivalent rights on RSUs held"
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.
RSU financial
"Each restricted stock unit ("RSU") represents a contingent right"
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
dividend equivalent rights financial
"Represents accrual of dividend equivalent rights on RSUs held"
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
"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.
vest in three equal installments financial
"The RSUs vest in three equal installments on the first"
FAQ
What insider transaction did UL Solutions (ULS) report for Linda S. Chapin?
UL Solutions reported that EVP & CHRO Linda S. Chapin received several small grants of restricted stock units on June 8, 2026. These awards reflect dividend equivalent rights accruing on existing RSUs, rather than open-market purchases or sales of Class A Common Stock.
How many restricted stock units were granted to the UL Solutions executive?
The filing shows three separate RSU grants covering 2, 3, and 2 underlying shares of Class A Common Stock. These RSUs are tied to dividend equivalent rights that accrued on previously granted RSUs and vest over time according to the original award schedules.
What does each UL Solutions RSU reported in this Form 4 represent?
Each RSU reported for Linda S. Chapin represents a contingent right to receive one share of UL Solutions’ Class A Common Stock. The associated dividend equivalent rights accrue on RSUs she already holds and will vest proportionately with the underlying RSUs over their stated vesting schedules.
Does this UL Solutions Form 4 show any open-market buy or sell transactions?
The Form 4 does not show any open-market buy or sell activity. Instead, it reports routine compensation-related acquisitions of RSUs and dividend equivalent rights, all at a reported price of $0.0000 per unit, reflecting non-cash equity awards to the executive.