UL Solutions (NYSE: ULS) officer reports dividend-equivalent restricted stock units

Rhea-AI Filing Summary

UL Solutions Inc. executive reports additional stock-based awards tied to existing grants. A company officer filed a Form 4 for transactions dated 12/08/2025 showing accrual of dividend equivalent rights on restricted stock units, which are payable in Class A Common Stock. One derivative line reflects 26 restricted stock unit-related dividend equivalents at an exercise price of $0, bringing the total related derivative securities beneficially owned to 16,004. A second line shows 8 similar dividend equivalent rights at an exercise price of $0, with 5,212 such derivative securities beneficially owned after the transaction. These dividend equivalents vest proportionately with the underlying restricted stock units, which are scheduled to vest in three equal installments on the first, second and third anniversaries of March 3, 2025 and April 1, 2025, respectively.

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

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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^*

Dadakis Alex

(Last) (First) (Middle)

C/O UL SOLUTIONS INC.

333 PFINGSTEN RD

(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)
12/08/2025

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)	12/08/2025		A		26(2)		(3)	(3)	Class A Common Stock	26	$0	16,004(4)	D
Restricted Stock Units	(1)	12/08/2025		A		8(2)		(5)	(5)	Class A Common Stock	8	$0	5,212(4)	D

Explanation of Responses:

1. Each dividend equivalent right 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 will vest in three equal installments on the first, second and third anniversaries of March 3, 2025.

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 will vest in three equal installments on the first, second and third anniversaries of April 1, 2025.

Remarks:

Executive Vice President and President, Testing, Inspection and Certification

	/s/ Ryan Robinson, Attorney-in-Fact	12/10/2025
	** 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 insider transaction did UL Solutions Inc. (ULS) report in this Form 4?

The filing reports that a UL Solutions Inc. officer received additional dividend equivalent rights on existing restricted stock units, which are settled in shares of Class A Common Stock.

How many dividend equivalent rights were reported by the UL Solutions (ULS) officer?

The officer reported 26 dividend equivalent rights tied to restricted stock units in one entry and 8 in a second entry, each representing a right to receive one share of Class A Common Stock.

What is the vesting schedule for the UL Solutions (ULS) restricted stock units linked to these dividend equivalents?

The dividend equivalent rights vest proportionately with the related restricted stock units, which will vest in three equal installments on the first, second and third anniversaries of March 3, 2025 and April 1, 2025.

What was the reported exercise price of the UL Solutions (ULS) dividend equivalent rights?

The derivative securities representing dividend equivalent rights were reported with an exercise price of $0.

What is the reporting person’s role at UL Solutions Inc. (ULS)?

The reporting person serves as Executive Vice President and President, Testing, Inspection and Certification at UL Solutions Inc.

How many derivative securities did the UL Solutions (ULS) officer beneficially own after these transactions?

After the reported transactions, one line shows 16,004 derivative securities beneficially owned and another shows 5,212 derivative securities beneficially owned, each tied to restricted stock units and associated dividend equivalent rights.