UL Solutions (NYSE: ULS) director logs dividend-linked RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kini Vikram reported acquisition or exercise transactions in this Form 4 filing.
UL Solutions Inc. director Vikram Kini received a small compensation-related equity award. The Form 4 reports a grant of 4 restricted stock units as dividend equivalent rights tied to existing awards, with each unit representing one share of Class A common stock.
After this accrual, Kini directly holds 2,805 restricted stock units and associated dividend equivalents. These units will vest on the earlier of May 20, 2026 or the date of the annual shareholder meeting following the grant date, so this filing reflects routine, non-market compensation rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kini Vikram
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 4 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 2,805 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock. Represents accrual of dividend equivalent rights on restricted stock units held by the Reporting Person. 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. Includes restricted stock units and all dividend equivalent rights that have accrued on such restricted stock units to date.
FAQ
What insider transaction did UL Solutions (ULS) disclose for Vikram Kini?
UL Solutions disclosed that director Vikram Kini received 4 restricted stock units as dividend equivalent rights. These units are linked to existing awards and represent additional stock-based compensation, not an open-market purchase or sale, and increase his restricted stock unit holdings modestly.
How many restricted stock units does Vikram Kini hold after this UL Solutions Form 4?
Following the reported transaction, Vikram Kini holds 2,805 restricted stock units and related dividend equivalent rights. This total reflects the newly accrued 4 units plus previously granted awards, all held directly as equity-based compensation in UL Solutions Class A common stock.
What do the new restricted stock units for UL Solutions (ULS) represent?
Each new restricted stock unit represents a contingent right to receive one share of UL Solutions’ Class A common stock. The 4 units reported are dividend equivalent rights that accrue on existing restricted stock units held by Vikram Kini, effectively mirroring cash dividends in stock form.
When will Vikram Kini’s UL Solutions restricted stock units vest?
The restricted stock units, including the new dividend equivalent rights, will vest on the earlier of May 20, 2026 or the date of the annual shareholder meeting following the grant date. Vesting means the units convert into shares of Class A common stock for the holder.
Is the UL Solutions (ULS) Form 4 for Vikram Kini a market buy or sell?
The Form 4 does not report a market buy or sell. It shows a compensation-related acquisition: 4 restricted stock units granted as dividend equivalent rights on existing awards. No open-market purchase or sale of UL Solutions Class A common stock is disclosed in this filing.