UL Solutions (NYSE: ULS) CEO logs dividend-equivalent restricted stock unit awards
Rhea-AI Filing Summary
UL Solutions Inc. reported insider equity activity by its President and CEO, who is also a director. On 12/08/2025, the reporting person accrued dividend equivalent rights tied to existing restricted stock units. Two entries each reflect 71 restricted stock units credited at a price of $0, increasing the derivative holdings associated with the company’s Class A common stock.
Each dividend equivalent right represents a contingent right to receive one share of Class A common stock and accrues on restricted stock units already held. These rights vest proportionately with the underlying restricted stock units, which vest in three equal installments on the first, second, and third anniversaries of May 1, 2024 and April 1, 2025, as applicable. Following these transactions, the filings show updated beneficial ownership amounts of derivative securities held directly.
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FAQ
What insider transaction did UL Solutions Inc. (ULS) report on this Form 4?
The Form 4 reports that UL Solutions Inc.’s President and CEO, who is also a director, accrued dividend equivalent rights on existing restricted stock units on 12/08/2025. These were recorded as two separate acquisitions of 71 restricted stock units each, at a price of $0, tied to the company’s Class A common stock.
How many restricted stock unit dividend equivalents were credited to the UL Solutions (ULS) CEO?
Two separate derivative transactions each show 71 restricted stock units acquired as dividend equivalent rights on 12/08/2025. Each dividend equivalent right represents a contingent right to receive one share of UL Solutions Inc. Class A common stock.
What do the dividend equivalent rights for UL Solutions (ULS) restricted stock units represent?
Each dividend equivalent right reported represents a contingent right to receive one share of UL Solutions Inc. Class A Common Stock. These rights accrue on restricted stock units held by the reporting person whenever dividends are declared on the underlying shares.
When do the UL Solutions (ULS) restricted stock units and related dividend equivalents vest?
The filing explains that the dividend equivalent rights vest proportionately with the related restricted stock units. One set of restricted stock units vested or will vest in three equal installments on the first, second, and third anniversaries of May 1, 2024, and another will vest in three equal installments on the first, second, and third anniversaries of April 1, 2025.
How many derivative securities does the UL Solutions (ULS) CEO beneficially own after these transactions?
After the reported transactions, one line in the derivative table shows 42,761 derivative securities beneficially owned following the transaction, and another line shows 42,726, each held directly. These amounts include restricted stock units and all dividend equivalent rights that have accrued on such units to date.
What role does the reporting person hold at UL Solutions Inc. (ULS)?
The reporting person is identified as both a Director and an Officer of UL Solutions Inc., serving specifically as President and CEO. The Form 4 is filed as a form by one reporting person.