UL Solutions (NYSE: ULS) officer exercises 7,940 stock rights and withholds shares for taxes

Rhea-AI Filing Summary

UL Solutions Inc. officer Lynn H. Hancock reported equity compensation activity involving stock appreciation rights and common shares. On March 1, 2026, Hancock exercised a Stock Appreciation Right for 7,940 units, receiving 7,940 shares of Class A common stock at $13.15 per share as an exercise price reference. In a related move, 3,774 Class A shares were surrendered at $83.97 per share to cover tax obligations associated with the exercise. After these transactions, Hancock directly owned 17,286 shares of UL Solutions Inc. Class A common stock.

Insider Trade Summary

7,940 shares exercised/converted

Mixed 3 txns

Insider Hancock Lynn H

Role See Remarks

Type	Security	Shares	Price	Value
Exercise	Stock Appreciation Right	7,940	$0.00	--
Exercise	Class A Common Stock	7,940	$13.15	$104K
Tax Withholding	Class A Common Stock	3,774	$83.97	$317K

Holdings After Transaction: Stock Appreciation Right — 0 shares (Direct); Class A Common Stock — 21,060 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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^*

Hancock Lynn H

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026

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
Class A Common Stock	03/01/2026		M		7,940	A	$13.15	21,060	D
Class A Common Stock	03/01/2026		F		3,774	D	$83.97	17,286	D

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
Stock Appreciation Right	$13.15	03/01/2026		M			7,940	03/01/2024	03/01/2026	Class A Common Stock	7,940	$0	0	D

Explanation of Responses:

Remarks:

Executive Vice President & Chief Transformation Officer

	/s/ Ryan Robinson, Attorney-in-Fact	03/03/2026
	** 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 transactions did Lynn H. Hancock report for UL Solutions (ULS)?

Lynn H. Hancock reported exercising stock appreciation rights for 7,940 units and receiving 7,940 Class A common shares. In a related step, 3,774 shares were disposed of to cover tax liabilities, leaving Hancock with 17,286 directly owned Class A shares.

How many UL Solutions (ULS) shares does Lynn H. Hancock own after the Form 4?

After the reported transactions, Lynn H. Hancock directly owns 17,286 shares of UL Solutions Class A common stock. This figure reflects the net position following the exercise of 7,940 stock appreciation rights and the tax-withholding disposition of 3,774 shares.

What type of equity award did Lynn H. Hancock exercise at UL Solutions (ULS)?

Lynn H. Hancock exercised a Stock Appreciation Right covering 7,940 units. The exercise converted into 7,940 shares of Class A common stock at a referenced price of $13.15 per share, representing a derivative exercise/conversion rather than an open-market stock purchase.

Were any UL Solutions (ULS) shares sold on the open market in this Form 4?

The Form 4 shows a tax-withholding disposition of 3,774 Class A shares at $83.97 per share, coded as "F." This indicates shares were delivered to satisfy tax liability, not an open-market sale initiated for investment purposes.

What do the transaction codes M and F mean in the UL Solutions (ULS) Form 4?

Code M indicates an exercise or conversion of a derivative security, here the Stock Appreciation Right for 7,940 units. Code F represents shares withheld or delivered, in this case 3,774 shares, to pay the exercise price or related tax liabilities rather than a discretionary sale.