UL Solutions director granted 4 dividend RSUs
Hecker Friedrich reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Hecker Friedrich reported acquisition or exercise transactions in this Form 4 filing.
UL Solutions Inc. director Friedrich Hecker reported a compensation-related transaction involving restricted stock units. He received a grant of 4 dividend-equivalent restricted stock units on Class A Common Stock, with no cash paid per unit. These units represent the accrual of dividend equivalent rights on restricted stock units he already holds and will vest proportionately with those underlying awards. The restricted stock units and related dividend equivalents are scheduled to vest on the earlier of May 20, 2026 or the date of the annual meeting following the grant date. After this accrual, Hecker directly holds a total of 2,805 restricted stock units and related dividend-equivalent rights.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 4 | $0.00 | $0.00 |
Footnotes (4)
- F1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- F2. Represents accrual of dividend equivalent rights on restricted stock units held by the Reporting Person.
- F3. 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 on the earlier of May 20, 2026 or the date of the annual meeting following the grant date.
- F4. Includes restricted stock units and all dividend equivalent rights that have accrued on such restricted stock units to date.
FAQ
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What insider transaction did UL Solutions (ULS) director Friedrich Hecker report?
How many restricted stock units does Friedrich Hecker hold after this UL Solutions (ULS) Form 4?
What does each restricted stock unit represent for UL Solutions (ULS) in this filing?
Why were 4 additional restricted stock units granted to the UL Solutions (ULS) director?
When do Friedrich Hecker’s UL Solutions (ULS) restricted stock units and dividend equivalents vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.