UL Solutions (NYSE: ULS) officer receives RSU dividend equivalent awards
Filing Impact
Filing Sentiment
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 Trade Summary
3 transactions reported
Mixed
3 txns
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)
- 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?
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.