UL Solutions (NYSE: ULS) officer receives RSU dividend equivalent awards
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 Trade Summary
| 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 | -- |
Footnotes (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.
FAQ
What did UL Solutions (ULS) disclose about Gitte Schjotz in this Form 4?
How many restricted stock units did Gitte Schjotz acquire in the latest ULS filing?
What are dividend equivalent rights in the UL Solutions (ULS) Form 4?
When will the reported UL Solutions restricted stock units vest for Gitte Schjotz?
Did the UL Solutions (ULS) Form 4 show any open-market stock purchases or sales?
What does each UL Solutions restricted stock unit represent for Gitte Schjotz?