STOCK TITAN

UL Solutions (NYSE: ULS) EVP gets added RSU dividend equivalents

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Chapin Linda S reported acquisition or exercise transactions in this Form 4 filing.

UL Solutions Inc. executive Linda S. Chapin, EVP & CHRO, reported routine equity compensation activity. On March 12, 2026, she received two small grants of dividend-equivalent restricted stock units, covering 5 and 4 RSUs tied to existing Class A Common Stock awards. These RSUs represent the reinvestment of dividends on prior grants and will vest on the same three-annual-installment schedules as the underlying awards dated May 1, 2024 and April 1, 2025.

Positive

  • None.

Negative

  • None.
Insider Chapin Linda S
Role EVP & CHRO
Type Security Shares Price Value
Grant/Award Restricted Stock Units 5 $0.00 --
Grant/Award Restricted Stock Units 4 $0.00 --
Holdings After Transaction: Restricted Stock Units — 2,920 shares (Direct)
Footnotes (1)
  1. Each restricted stock unit 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.
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*
Chapin Linda S

(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)
EVP & CHRO
3. Date of Earliest Transaction (Month/Day/Year)
03/12/2026
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
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
Restricted Stock Units (1) 03/12/2026 A 5(2) (3) (3) Class A Common Stock 5 $0 2,920(4) D
Restricted Stock Units (1) 03/12/2026 A 4(2) (5) (5) Class A Common Stock 4 $0 2,755(4) D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
2. Represents accrual of dividend equivalent rights on restricted stock units held by the Reporting Person.
3. 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.
4. Includes restricted stock units and all dividend equivalent rights that have accrued on such restricted stock units to date.
5. 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.
/s/ Ryan Robinson, Attorney-in-Fact 03/16/2026
** 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 transaction did UL Solutions (ULS) report for Linda S. Chapin?

UL Solutions reported that EVP & CHRO Linda S. Chapin received two small grants of restricted stock units, representing dividend-equivalent rights on existing RSU awards, totaling 9 additional RSUs linked to the company’s Class A Common Stock as part of ongoing equity compensation.

How many restricted stock units did the UL Solutions EVP receive in this Form 4?

Linda S. Chapin received 5 restricted stock units and 4 restricted stock units, both as dividend-equivalent rights on previously granted RSUs. Each unit corresponds to one share of UL Solutions’ Class A Common Stock, contingent on future vesting conditions being satisfied over time.

What do the dividend-equivalent restricted stock units mean for UL Solutions (ULS) EVP?

The dividend-equivalent restricted stock units give Linda S. Chapin additional RSUs instead of cash dividends on earlier awards. Each unit converts into one share of Class A Common Stock if and when the related RSUs vest, aligning her compensation more closely with long-term shareholder value performance.

When will Linda S. Chapin’s new UL Solutions RSUs vest?

The dividend-equivalent RSUs vest on the same schedules as the underlying grants. One set vests in three equal installments on the first, second, and third anniversaries of May 1, 2024, and the other in three equal installments from April 1, 2025, subject to continued service.

Were these UL Solutions (ULS) insider transactions open-market buys or sells?

These transactions were not open-market buys or sells. Instead, they are coded as awards (transaction code A), reflecting routine equity compensation in the form of dividend-equivalent restricted stock units, with no cash purchase or sale of shares disclosed in this particular Form 4 filing.

How does this Form 4 affect UL Solutions’ share count?

The Form 4 reflects small additional restricted stock units granted to an executive, tied to dividend equivalents on prior awards. These RSUs convert to Class A Common Stock only upon vesting, so the immediate effect on the public share float is limited and spread over future vesting dates.