UL Solutions (NYSE: ULS) EVP exercises 4,069 RSUs; 1,193 shares withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
UL Solutions Inc. executive Scott D'Angelo, EVP, CLO & Corporate Secretary, reported compensation-related equity activity in Class A Common Stock on May 1, 2026. He exercised restricted stock units into 4,069 shares of Class A stock and had 1,193 shares withheld to cover tax obligations at $91.60 per share.
The filing shows no open-market purchases or sales; all dispositions are labeled as tax-withholding to satisfy liabilities arising from equity awards. Footnotes explain that each restricted stock unit converts into one share and that units vest in three equal installments beginning on May 1, 2025, including accrued dividend equivalent rights.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,069 shares exercised/converted
Mixed
6 txns
Insider
D'Angelo Scott
Role
EVP, CLO & Corporate Secy
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,873 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,196 | $0.00 | -- |
| Exercise | Class A Common Stock | 2,873 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 842 | $91.60 | $77K |
| Exercise | Class A Common Stock | 1,196 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 351 | $91.60 | $32K |
Holdings After Transaction:
Restricted Stock Units — 5,750 shares (Direct, null);
Class A Common Stock — 2,873 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock. The restricted stock units vest in three equal installments on the first, second and third anniversaries of May 1, 2025. Includes restricted stock units and all dividend equivalent rights that have accrued on such restricted stock units to date.
Key Figures
Shares from RSU exercises: 4,069 shares
Shares withheld for taxes: 1,193 shares
Tax withholding reference price: $91.60 per share
+1 more
4 metrics
Shares from RSU exercises
4,069 shares
Class A Common Stock acquired via derivative exercises on May 1, 2026
Shares withheld for taxes
1,193 shares
Tax-withholding dispositions of Class A Common Stock at $91.60 per share
Tax withholding reference price
$91.60 per share
Value used for F-code tax-withholding dispositions on May 1, 2026
RSUs remaining after transactions
5,750 units
Restricted Stock Units reported as held following derivative transactions
Key Terms
Restricted Stock Units, dividend equivalent rights, tax-withholding disposition, derivative exercise/conversion
4 terms
Restricted Stock Units financial
"The restricted stock units vest in three equal installments on the first, second and third anniversaries of May 1, 2025."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend equivalent rights financial
"Includes restricted stock units and all dividend equivalent rights that have accrued on such restricted stock units to date."
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"Exercise or conversion of derivative security"
FAQ
What insider transactions did UL Solutions (ULS) report for Scott D'Angelo?
UL Solutions reported that EVP, CLO & Corporate Secretary Scott D'Angelo exercised restricted stock units into 4,069 shares of Class A Common Stock. The Form 4 also shows 1,193 shares were disposed of solely to cover related tax obligations, rather than through open-market sales.
Were any of Scott D'Angelo's UL Solutions (ULS) transactions open-market sales or purchases?
The filing shows no open-market purchases or sales by Scott D'Angelo. Dispositions are coded as F, meaning shares were withheld to pay tax liabilities tied to equity awards, while M transactions reflect exercises or conversions of restricted stock units into common shares.
What equity awards did Scott D'Angelo hold at UL Solutions (ULS)?
Scott D'Angelo held restricted stock units that each convert into one share of Class A Common Stock. Footnotes state these units vest in three equal installments on the first, second and third anniversaries of May 1, 2025, including accrued dividend equivalent rights.
What do the Form 4 codes M and F mean in UL Solutions (ULS) filing?
In this Form 4, code M indicates the exercise or conversion of derivative securities, here restricted stock units converting into Class A shares. Code F indicates shares were withheld to satisfy tax liabilities, not sold in the open market for discretionary trading.