UL Solutions insider granted additional RSU awards
Dadakis Alex reported acquisition or exercise transactions in this Form 4 filing.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 15 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 5 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 8 | $0.00 | $0.00 |
Footnotes (6)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- F2. Represents accrual of dividend equivalent rights on RSUs held by the Reporting Person.
- F3. 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.
- F4. Includes RSUs and all dividend equivalent rights that have accrued on such RSUs to date.
- F5. 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.
- F6. 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
Key Terms
Restricted Stock Units financial
dividend equivalent rights financial
Class A Common Stock financial
vest financial
anniversaries financial
FAQ
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What did UL Solutions (ULS) insider Alex Dadakis report in this Form 4?
How many UL Solutions (ULS) restricted stock units were granted to Alex Dadakis?
What are dividend equivalent rights in the UL Solutions (ULS) Form 4 for Alex Dadakis?
How do Alex Dadakis’s UL Solutions (ULS) RSUs vest over time?
What does each restricted stock unit represent in UL Solutions (ULS) for Alex Dadakis?
AI-generated analysis. How Rhea-AI works. Not financial advice.