UL Solutions director granted 340 deferred stock units
THAMAN MICHAEL H reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
THAMAN MICHAEL H reported acquisition or exercise transactions in this Form 4 filing.
UL Solutions Inc. director Michael H. Thaman received a grant of 340 Deferred Stock Units as compensation. Each unit represents one share of Class A Common Stock. After this award, he holds 698 deferred stock units, which are fully vested and will be settled in shares under the company’s non-employee director deferred compensation plan.
Positive
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Negative
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Insights
Routine director equity grant with deferred stock units and no cash outlay.
Director Michael H. Thaman received 340 Deferred Stock Units at a stated price of $0.0000 per unit, classified as a grant or award. Each unit corresponds to one share of Class A Common Stock, aligning director pay with shareholder value.
The units are fully vested and will be settled in shares under the Non-Employee Director Deferred Compensation Plan, either on a date he selects or as otherwise provided in the plan. This is a standard, compensation-driven equity award, not an open-market purchase or sale, so it is generally viewed as administratively neutral for investors.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 340 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each deferred stock unit represents the right to receive one share of the Issuer's Class A Common Stock.
- F2. The deferred stock units are fully vested and will be settled in shares of the Issuer's Class A Common Stock either (i) on a date selected by the Reporting Person pursuant to the Issuer's Non-Employee Director Deferred Compensation Plan (the "Plan"), or (ii) as otherwise provided by the Plan.
Key Figures
Key Terms
Deferred Stock Units financial
Class A Common Stock financial
Non-Employee Director Deferred Compensation Plan financial
Grant, award, or other acquisition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did UL Solutions (ULS) director Michael H. Thaman receive in this Form 4?
How many UL Solutions (ULS) deferred stock units does Michael H. Thaman hold after this grant?
Is the UL Solutions (ULS) Form 4 transaction a stock buy or sell by the director?
What does each UL Solutions (ULS) Deferred Stock Unit represent in this filing?
When will Michael H. Thaman’s UL Solutions (ULS) deferred stock units be settled?
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