UL Solutions (NYSE: ULS) EVP gets added RSU dividend equivalents
Filing Impact
Filing Sentiment
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 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 | 5 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 4 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 2,920 shares (Direct)
Footnotes (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.
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.