UL Solutions (NYSE: ULS) officer Alex Dadakis receives additional RSU awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dadakis Alex reported acquisition or exercise transactions in this Form 4 filing.
UL Solutions Inc. officer Alex Dadakis reported routine equity compensation in the form of restricted stock units (RSUs). The filing shows three RSU awards tied to dividend equivalent rights, covering 8, 5 and 15 units of Class A Common Stock.
Each RSU represents a contingent right to receive one share of Class A Common Stock, with dividend equivalent rights accruing on RSUs held. These awards vest proportionately with the underlying RSUs, which themselves vest in three equal installments on the first, second and third anniversaries of March 3, 2025, April 1, 2025 and April 1, 2026, respectively.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Dadakis Alex
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 15 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 5 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 8 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 10,706 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock. Represents accrual of dividend equivalent rights on RSUs held by the Reporting Person. The dividend equivalent rights accrued on RSUs held by the Reporting Person and vest proportionately with the RSUs to which they relate. The RSUs vest in three equal installments on the first, second and third anniversaries of March 3, 2025. Includes RSUs and all dividend equivalent rights that have accrued on such RSUs to date. The dividend equivalent rights accrued on RSUs held by the Reporting Person and vest proportionately with the RSUs to which they relate. The RSUs vest in three equal installments on the first, second and third anniversaries of April 1, 2025. The dividend equivalent rights accrued on RSUs held by the Reporting Person and vest proportionately with the RSUs to which they relate. The RSUs vest in three equal installments on the first, second and third anniversaries of April 1, 2026.
Key Figures
RSU grant 1: 8 RSUs
RSU grant 2: 5 RSUs
RSU grant 3: 15 RSUs
+3 more
6 metrics
RSU grant 1
8 RSUs
Grant on 2026-06-08, each for one Class A share
RSU grant 2
5 RSUs
Grant on 2026-06-08, each for one Class A share
RSU grant 3
15 RSUs
Grant on 2026-06-08, each for one Class A share
Holdings after grant line 1
5,920 RSUs
Total RSU-related holdings following first reported transaction
Holdings after grant line 2
3,487 RSUs
Total RSU-related holdings following second reported transaction
Holdings after grant line 3
10,706 RSUs
Total RSU-related holdings following third reported transaction
Key Terms
Restricted Stock Units, dividend equivalent rights, Class A Common Stock, vest, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
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
"Represents accrual of dividend equivalent rights on RSUs held by the Reporting Person"
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
"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.
vest financial
"The dividend equivalent rights accrued on RSUs held by the Reporting Person and vest proportionately"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
anniversaries financial
"vest in three equal installments on the first, second and third anniversaries of March 3, 2025"
FAQ
What did UL Solutions (ULS) insider Alex Dadakis report in this Form 4?
Alex Dadakis reported grants of restricted stock units and related dividend equivalent rights. The filing shows three RSU awards for 8, 5 and 15 units of Class A Common Stock, reflecting routine equity-based compensation rather than open-market share purchases or sales.
How many UL Solutions (ULS) restricted stock units were granted to Alex Dadakis?
The Form 4 discloses three RSU-related acquisitions: 8, 5 and 15 restricted stock units. Each RSU corresponds to one share of UL Solutions Class A Common Stock, so the filing records 28 additional units tied to existing RSU awards and dividend equivalent rights.
What are dividend equivalent rights in the UL Solutions (ULS) Form 4 for Alex Dadakis?
Dividend equivalent rights give the holder RSU credits mirroring dividends on underlying shares. In this filing, they accrue on RSUs held by Alex Dadakis and are reported as 8, 5 and 15 additional units that vest proportionately with the related RSUs over the scheduled vesting dates.
How do Alex Dadakis’s UL Solutions (ULS) RSUs vest over time?
The RSUs associated with these grants vest in three equal installments. They vest on the first, second and third anniversaries of March 3, 2025, April 1, 2025 and April 1, 2026, respectively, aligning the dividend equivalent rights’ vesting with the underlying restricted stock units.
What does each restricted stock unit represent in UL Solutions (ULS) for Alex Dadakis?
Each restricted stock unit represents a contingent right to receive one share of UL Solutions Class A Common Stock. The Form 4 clarifies that RSUs, along with their dividend equivalent rights, will ultimately settle in shares as they vest according to the specified multi-year schedules.