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UL Solutions (NYSE: ULS) officer receives RSU dividend equivalent awards

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

Rhea-AI Filing Summary

Schjotz Gitte reported acquisition or exercise transactions in this Form 4 filing.

UL Solutions Inc. officer Gitte Schjotz reported routine equity compensation changes involving restricted stock units. On March 12, 2026, she received grants of 9, 5, and 8 additional restricted stock units as dividend equivalent rights. Each unit represents a contingent right to one share of Class A common stock. These dividend equivalents accrue on existing restricted stock units and will vest proportionately with the underlying awards, which vest in three equal installments on the first, second, and third anniversaries of May 1, 2024, January 1, 2025, and April 1, 2025, respectively. No open‑market purchases or sales were reported.

Positive

  • None.

Negative

  • None.
Insider Schjotz Gitte
Role See Remarks
Type Security Shares Price Value
Grant/Award Restricted Stock Units 9 $0.00 --
Grant/Award Restricted Stock Units 5 $0.00 --
Grant/Award Restricted Stock Units 8 $0.00 --
Holdings After Transaction: Restricted Stock Units — 5,517 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 vested or will vest in three equal installments on the first, second and third anniversaries of January 1, 2025. 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*
Schjotz Gitte

(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)
See Remarks
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 9(2) (3) (3) Class A Common Stock 9 $0 5,517(4) D
Restricted Stock Units (1) 03/12/2026 A 5(2) (5) (5) Class A Common Stock 5 $0 3,376(4) D
Restricted Stock Units (1) 03/12/2026 A 8(2) (6) (6) Class A Common Stock 8 $0 4,931(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 vested or will vest in three equal installments on the first, second and third anniversaries of January 1, 2025.
6. 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.
Remarks:
Executive Vice President, Chief Business Operations and Innovation Officer
/s/ Ryan Robinson, Attorney-in-Fact 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 did UL Solutions (ULS) disclose about Gitte Schjotz in this Form 4?

UL Solutions reported that officer Gitte Schjotz received small grants of restricted stock units as dividend equivalent rights. These units are tied to prior RSU awards and increase her contingent right to receive Class A common shares over time.

How many restricted stock units did Gitte Schjotz acquire in the latest ULS filing?

She acquired 9, 5, and 8 restricted stock units in three separate entries. Each restricted stock unit represents a contingent right to receive one share of UL Solutions’ Class A common stock when the awards vest.

What are dividend equivalent rights in the UL Solutions (ULS) Form 4?

Dividend equivalent rights are additional restricted stock units that accrue on existing RSUs when dividends are paid. For Gitte Schjotz, these rights vest proportionately with the underlying RSUs, effectively mirroring dividend value in stock rather than cash.

When will the reported UL Solutions restricted stock units vest for Gitte Schjotz?

The underlying restricted stock units vest in three equal annual installments. The installments fall on the first, second, and third anniversaries of May 1, 2024, January 1, 2025, and April 1, 2025, depending on the specific RSU award referenced.

Did the UL Solutions (ULS) Form 4 show any open-market stock purchases or sales?

No. The Form 4 only shows grant or award acquisitions of restricted stock units and related dividend equivalent rights. There were no open-market purchases or sales of UL Solutions Class A common stock reported in this filing.

What does each UL Solutions restricted stock unit represent for Gitte Schjotz?

Each restricted stock unit represents a contingent right to receive one share of UL Solutions’ Class A common stock. Actual share delivery depends on the RSUs vesting according to the specified multi-year vesting schedules described in the filing footnotes.
UL Solutions

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