UL Solutions (ULS) executive exercises RSUs, withholds shares for taxes
Rhea-AI Filing Summary
UL Solutions Inc. executive Lynn H. Hancock reported routine equity compensation activity involving Class A Common Stock and restricted stock units (RSUs). On May 1, 2026, Hancock exercised RSUs to acquire 1,293 shares of Class A Common Stock, then had 573 shares withheld at $91.60 per share to cover tax obligations. After these transactions, Hancock directly held 21,331 Class A shares. The filing also shows a small open-market purchase of 8 shares at $77.8191 on December 8, 2025 and a small acquisition of 9 shares under Rule 16a-6 on March 12, 2026. Footnotes explain that each RSU represents one Class A share, vesting in three equal annual installments beginning May 1, 2025, and that RSU totals include accrued dividend equivalent rights.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 737 shares
Net Buy
5 txns
Insider
Hancock Lynn H
Role
See Remarks
Bought
8 shs ($622.55)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,293 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 1,293 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 573 | $91.60 | $52K |
| Small Acquisition | Class A Common Stock | 9 | $83.3057 | $749.75 |
| Purchase | Class A Common Stock | 8 | $77.8191 | $622.55 |
Holdings After Transaction:
Restricted Stock Units — 1,304 shares (Direct);
Class A Common Stock — 21,331 shares (Direct)
Footnotes (3)
- F1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- F2. The restricted stock units vest in three equal installments on the first, second and third anniversaries of May 1, 2024.
- F3. Includes restricted stock units and all dividend equivalent rights that have accrued on such restricted stock units to date.
Key Figures
RSU exercise: 1,293 shares
Tax-withheld shares: 573 shares at $91.60
Post-transaction holdings: 21,331 shares
+3 more
6 metrics
RSU exercise
1,293 shares
Class A Common Stock acquired via RSU exercise on May 1, 2026
Tax-withheld shares
573 shares at $91.60
Shares withheld to cover tax liability on May 1, 2026
Post-transaction holdings
21,331 shares
Direct Class A Common Stock held after May 1, 2026 transactions
Remaining RSUs
1,304 units
Restricted stock units outstanding after May 1, 2026 transaction
Open-market purchase
8 shares at $77.8191
Class A Common Stock purchased on December 8, 2025
Small acquisition
9 shares at $83.3057
Rule 16a-6 small acquisition on March 12, 2026
Key Terms
Restricted Stock Units, dividend equivalent rights, Rule 16a-6, derivative exercise/conversion, +1 more
5 terms
Restricted Stock Units financial
"security_title": "Restricted Stock Units""
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend equivalent rights financial
"Includes restricted stock units and all dividend equivalent rights that have accrued"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
Rule 16a-6 regulatory
"transaction_code_description": "Small acquisition under Rule 16a-6""
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What did Lynn H. Hancock report in this UL Solutions (ULS) Form 4?
Lynn H. Hancock reported exercising restricted stock units into Class A Common Stock and a related tax-withholding share disposition. The filing also shows earlier small share acquisitions, reflecting routine equity compensation and minor purchases rather than large open-market sales.
Are there UL Solutions restricted stock units remaining after the reported RSU exercise?
Yes. The derivative table shows 1,304 restricted stock units remaining after the May 1, 2026 transaction. Footnotes state these RSUs vest in three equal installments on the first, second and third anniversaries of May 1, 2024, including dividend equivalent rights.
Did Lynn H. Hancock make any open-market purchases of UL Solutions stock?
The filing records an open-market purchase of 8 shares of UL Solutions Class A Common Stock at $77.8191 per share on December 8, 2025. It also shows a 9-share small acquisition on March 12, 2026 under Rule 16a-6.
AI-generated analysis. How Rhea-AI works. Not financial advice.
