UL Solutions (NYSE: ULS) director receives 4 dividend-equivalent RSUs as compensation grant

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.

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Hecker Friedrich

(Last) (First) (Middle)

C/O UL SOLUTIONS INC.

333 PFINGSTEN ROAD

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/12/2026

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)	03/12/2026		A		4(2)		(3)	(3)	Class A Common Stock	4	$0	2,805(4)	D

Explanation of Responses:

1. Each restricted stock unit 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 on the earlier of May 20, 2026 or the date of the annual meeting following the grant date.

4. Includes restricted stock units and all dividend equivalent rights that have accrued on such restricted stock units to date.

	/s/ Ryan Robinson, Attorney-in-Fact	03/16/2026
	** 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 (ULS) director Friedrich Hecker report?

Friedrich Hecker reported receiving 4 restricted stock units as a grant. These represent dividend equivalent rights accruing on restricted stock units he already holds and are compensation-related rather than an open-market purchase or sale of UL Solutions Class A Common Stock.

How many restricted stock units does Friedrich Hecker hold after this UL Solutions (ULS) Form 4?

After the reported transaction, Friedrich Hecker holds 2,805 restricted stock units and related dividend-equivalent rights. This total includes the newly accrued 4 units and all prior restricted stock units plus any dividend equivalents that have accumulated on those awards to date.

What does each restricted stock unit represent for UL Solutions (ULS) in this filing?

Each restricted stock unit represents a contingent right to receive one share of UL Solutions’ Class A Common Stock. The units are not shares today; they convert into shares only upon vesting, following the terms described for the underlying restricted stock award.

Why were 4 additional restricted stock units granted to the UL Solutions (ULS) director?

The 4 additional restricted stock units reflect accrual of dividend equivalent rights on restricted stock units already held. When UL Solutions pays dividends, similar value can accrue on outstanding restricted stock units as additional units instead of cash, increasing the director’s potential future share entitlement.

When do Friedrich Hecker’s UL Solutions (ULS) restricted stock units and dividend equivalents vest?

The restricted stock units and associated dividend equivalent rights vest on the earlier of May 20, 2026, or the date of the annual shareholder meeting following the grant date. Vesting must occur before the units convert into Class A Common Stock for the director.

Is the UL Solutions (ULS) Form 4 transaction an open-market buy or sell of shares?

The transaction is not an open-market buy or sell. It is a grant or award acquisition of 4 restricted stock units, recorded at a price of $0.00 per unit, tied to dividend equivalent rights on previously granted restricted stock units held by the director.