UL Solutions (NYSE: ULS) EVP & CHRO reports dividend equivalent RSUs in Form 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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 4 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 4 | $0.00 | -- |
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?
What are the dividend equivalent rights reported for UL Solutions Inc. (ULS)?
How do the UL Solutions (ULS) dividend equivalent rights vest?
What is the exercise price of the reported UL Solutions (ULS) derivative securities?
How many UL Solutions (ULS) securities does the executive beneficially own after these transactions?
Who is the reporting person in this UL Solutions Inc. (ULS) Form 4 and what is their role?