UL Solutions (ULS) officer acquires 2,755 shares through RSU exercise
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
UL Solutions Inc. officer Gitte Schjotz exercised restricted stock units into 2,755 shares of Class A Common Stock on May 1, 2026. After the transaction, Schjotz directly holds 73,251 shares of Class A Common Stock and 2,762 restricted stock units, which each represent a contingent right to receive one share.
The restricted stock units vest in three equal installments on the first, second and third anniversaries of May 1, 2024, and the reported RSU balance includes related dividend equivalent rights that have accrued to date. The filing reflects routine equity compensation activity rather than any open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,755 shares exercised/converted
Mixed
2 txns
Insider
Schjotz Gitte
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,755 | $0.00 | -- |
| Exercise | Class A Common Stock | 2,755 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 2,762 shares (Direct, null);
Class A Common Stock — 73,251 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, 2024. Includes restricted stock units and all dividend equivalent rights that have accrued on such restricted stock units to date.
Key Figures
RSUs exercised: 2,755 shares
Shares held after: 73,251 shares
RSU balance after: 2,762 units
+2 more
5 metrics
RSUs exercised
2,755 shares
Class A Common Stock acquired via RSU exercise on May 1, 2026
Shares held after
73,251 shares
Direct Class A Common Stock holdings following the transaction
RSU balance after
2,762 units
Restricted stock units remaining after the reported activity
RSU-to-share ratio
1:1
Each RSU represents a contingent right to one Class A share
RSU vesting schedule
3 equal installments
Vests on first, second and third anniversaries of May 1, 2024
Key Terms
Restricted Stock Units, dividend equivalent rights, Class A Common Stock
3 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock."
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.
Class A Common Stock financial
"Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What did UL Solutions (ULS) officer Gitte Schjotz report in this Form 4?
Gitte Schjotz reported exercising restricted stock units into 2,755 shares of UL Solutions Class A Common Stock. This is an equity compensation event, not an open-market trade, and increases directly held common shares to 73,251 after the transaction.
Were the UL Solutions (ULS) transactions open-market buys or sells?
No, the Form 4 shows no open-market purchases or sales. The code “M” indicates an exercise or conversion of derivative securities, here restricted stock units, resulting in 2,755 shares of Class A Common Stock being acquired as part of compensation.
What are restricted stock units (RSUs) in this UL Solutions (ULS) filing?
The filing states each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. These RSUs vest over time and may settle in shares as vesting conditions tied to service on or after May 1, 2024 are met.
What is the vesting schedule for UL Solutions (ULS) restricted stock units reported here?
The restricted stock units vest in three equal installments on the first, second and third anniversaries of May 1, 2024. This means the RSU award is spread over three years, aligning share delivery with continued service over that period.
Do the UL Solutions (ULS) RSUs include dividend equivalent rights?
Yes. The filing notes the RSU holdings include dividend equivalent rights that have accrued on those units to date. These rights mirror dividends on common stock, accruing additional units or value until the underlying restricted stock units settle.