UL Solutions executive exercises SARs, sells 8,000 shares
UL Solutions Inc. executive Gitte Schjotz reported an exercise-and-sell transaction in Class A Common Stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
UL Solutions Inc. executive Gitte Schjotz reported an exercise-and-sell transaction in Class A Common Stock. On 2026-05-07, Schjotz exercised 22,340 Stock Appreciation Rights at an exercise price of $28.34 per share, receiving 22,340 shares of Class A Common Stock. Of these shares, 6,370 were disposed of to cover tax obligations at $99.41 per share, and 8,000 shares were sold in an open-market transaction at a weighted average price of $103.9559 per share, with individual trades executed between $103.95 and $104.50. After these transactions, Schjotz directly owned 81,221 shares of Class A Common Stock.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
4 txns
Insider
Schjotz Gitte
Role
See Remarks
Sold
8,000 shs ($832K)
Approx. gross sale proceeds
$832K
Approx. exercise cost
$633K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Appreciation Right | 22,340 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 22,340 | $28.34 | $633K |
| Exercise Price or Tax Liability | Class A Common Stock | 6,370 | $99.41 | $633K |
| Sale | Class A Common Stock | 8,000 | $103.9559 | $832K |
Holdings After Transaction:
Stock Appreciation Right — 0 contracts (Direct);
Class A Common Stock — 81,221 shares (Direct)
Footnotes (1)
- F1. This transaction was executed in multiple trades at prices ranging from $103.95 to $104.50, inclusive. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Open-market shares sold: 8,000 shares
Weighted average sale price: $103.9559 per share
Shares exercised from SARs: 22,340 shares
+5 more
8 metrics
Open-market shares sold
8,000 shares
Class A Common Stock sale on May 7, 2026
Weighted average sale price
$103.9559 per share
Open-market sale of 8,000 shares
Shares exercised from SARs
22,340 shares
Exercise of Stock Appreciation Rights on May 7, 2026
SAR exercise price
$28.34 per share
Stock Appreciation Right exercise
Tax-withholding shares
6,370 shares
Shares disposed to cover tax obligations
Tax-withholding price
$99.41 per share
Price for tax-withholding disposition
Shares owned after transactions
81,221 shares
Direct Class A Common Stock holdings post-transaction
Sale price range
$103.95–$104.50 per share
Range of prices for open-market sale trades
Key Terms
Stock Appreciation Right, open-market sale, tax-withholding disposition, derivative security, +1 more
5 terms
Stock Appreciation Right financial
"security_title: "Stock Appreciation Right""
A stock appreciation right (SAR) is a form of employee pay that gives the holder the right to receive the increase in a company's share price over a set reference price, paid in cash or shares, without having to buy stock first. It matters to investors because SARs can create future cash outflows or dilute existing shareholders if settled in stock, and they align employee incentives with share-price performance like a bonus tied to a home's price rise.
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
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 security financial
"transaction_code_description: "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
weighted average sale price financial
"The price reported reflects the weighted average sale price."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did UL Solutions (ULS) executive Gitte Schjotz report in this Form 4?
Gitte Schjotz reported an exercise-and-sell transaction involving Class A Common Stock. She exercised 22,340 Stock Appreciation Rights, disposed of 6,370 shares for taxes, sold 8,000 shares in the open market, and ended with 81,221 directly held shares.
What was the size of Gitte Schjotz’s stock option exercise at UL Solutions (ULS)?
Schjotz exercised 22,340 Stock Appreciation Rights tied to UL Solutions Class A Common Stock. The exercise price was $28.34 per share, converting the derivative award into an equivalent number of common shares as part of her reported compensation-related transaction.
What are Gitte Schjotz’s UL Solutions (ULS) holdings after the reported transactions?
After the exercise, tax withholding, and sale transactions, Schjotz directly owned 81,221 shares of UL Solutions Class A Common Stock. This figure reflects her remaining position as reported in the Form 4 following all activities on May 7, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
