UL Solutions (NYSE: ULS) EVP & CHRO reports dividend equivalent RSUs in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
UL Solutions Inc. executive reports routine equity award adjustments. The company’s EVP & Chief Human Resources Officer filed a Form 4 reporting small grants of dividend equivalent rights tied to existing restricted stock units (RSUs) on Class A common stock. These dividend equivalents accrued as of December 8, 2025 and give the holder the right to receive one share of Class A common stock for each right when the related RSUs vest. The RSUs and their associated dividend equivalents vest in three equal installments on the first, second and third anniversaries of May 1, 2024 and April 1, 2025, respectively. Following these transactions, the executive beneficially owns a few thousand RSUs and related dividend equivalents, all held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Chapin Linda S
Role
EVP & CHRO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 4 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 4 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 2,915 shares (Direct)
Footnotes (1)
- Each dividend equivalent right 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 vested or will vest in three equal installments on the first, second and third anniversaries of May 1, 2024. Includes restricted stock units and all dividend equivalent rights that have accrued on such restricted stock units to date. 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 in three equal installments on the first, second and third anniversaries of April 1, 2025.
FAQ
What insider transaction did UL Solutions Inc. (ULS) report in this Form 4?
The filing reports that the EVP & Chief Human Resources Officer received small grants of dividend equivalent rights tied to existing restricted stock units on UL Solutions Inc. Class A common stock as of December 8, 2025.
What are the dividend equivalent rights reported for UL Solutions Inc. (ULS)?
Each dividend equivalent right represents a contingent right to receive one share of UL Solutions Inc. Class A common stock, accruing on restricted stock units held by the executive.
How do the UL Solutions (ULS) dividend equivalent rights vest?
The dividend equivalent rights vest proportionately with the related restricted stock units. One RSU grant vests in three equal installments on the first, second and third anniversaries of May 1, 2024, and another vests in three equal installments on the first, second and third anniversaries of April 1, 2025.
What is the exercise price of the reported UL Solutions (ULS) derivative securities?
The reported derivative securities are restricted stock units and associated dividend equivalent rights with an exercise price of $0 per share.
How many UL Solutions (ULS) securities does the executive beneficially own after these transactions?
After the reported transactions, the executive beneficially owns 2,915 restricted stock units and related dividend equivalents from one grant and 2,751 from another grant, all held directly.
Who is the reporting person in this UL Solutions Inc. (ULS) Form 4 and what is their role?
The reporting person is an officer of UL Solutions Inc., serving as Executive Vice President & Chief Human Resources Officer.