UL Solutions (ULS) director Sally Susman receives deferred stock unit awards
Rhea-AI Filing Summary
UL Solutions Inc. director Sally Susman reported routine compensation-related activity involving deferred restricted stock units that track the company’s Class A Common Stock. She acquired 8 and 4 additional deferred restricted stock units as dividend-equivalent accruals on existing awards, with no cash paid.
Each deferred restricted stock unit represents a contingent right to receive one share of Class A Common Stock. The filing notes that related awards either vested on May 1, 2025 or will vest on the earlier of May 20, 2026 or the next annual meeting following the grant date, with settlement expected in shares under the company’s Non-Employee Director Deferred Compensation Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Restricted Stock Units | 8 | $0.00 | $0.00 |
| Grant/Award | Deferred Restricted Stock Units | 4 | $0.00 | $0.00 |
Footnotes (5)
- F1. Each deferred restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- F2. Represents accrual of dividend equivalent rights on deferred restricted stock units held by the Reporting Person.
- F3. The dividend equivalent rights accrued on deferred restricted stock units held by the Reporting Person and vest proportionately with the deferred restricted stock units to which they relate. The deferred restricted stock units vested on May 1, 2025 and are expected to be settled in shares of the Issuer's Class A Common Stock either (i) on a date selected by the reporting person pursuant to the Issuer's Non-Employee Director Deferred Compensation Plan (the "Plan"), or (ii) as otherwise provided by the Plan.
- F4. Includes deferred restricted stock units and all dividend equivalent rights that have accrued on such deferred restricted stock units to date.
- F5. The dividend equivalent rights accrued on deferred restricted stock units held by the Reporting Person and vest proportionately with the deferred restricted stock units to which they relate. The deferred restricted stock units will vest on the earlier of May 20, 2026 or the date of the annual meeting following the grant date and are expected to be settled in shares of the Issuer's Class A Common Stock either (i) on a date selected by the reporting person pursuant to the Issuer's Plan, or (ii) as otherwise provided by the Plan.
FAQ
What insider transactions did UL Solutions (ULS) disclose for Sally Susman?
What are the deferred restricted stock units reported for UL Solutions (ULS)?
How did Sally Susman acquire the new units reported at UL Solutions (ULS)?
When do the UL Solutions (ULS) deferred restricted stock units vest for Sally Susman?
How will Sally Susman’s UL Solutions (ULS) deferred restricted stock units be settled?
What are dividend equivalent rights in the UL Solutions (ULS) Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.