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.

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^*

SUSMAN SALLY

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

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
Deferred Restricted Stock Units	(1)	03/12/2026		A		8(2)		(3)	(3)	Class A Common Stock	8	$0	4,962(4)	D
Deferred Restricted Stock Units	(1)	03/12/2026		A		4(2)		(5)	(5)	Class A Common Stock	4	$0	2,805(4)	D

Explanation of Responses:

1. Each deferred 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 deferred restricted stock units held by the Reporting Person.

3. 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.

4. Includes deferred restricted stock units and all dividend equivalent rights that have accrued on such deferred restricted stock units to date.

5. 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.

	/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 transactions did UL Solutions (ULS) disclose for Sally Susman?

UL Solutions disclosed that director Sally Susman received two small awards of deferred restricted stock units, totaling 12 units. These represent routine compensation-related accruals rather than open-market purchases or sales and are tied to her existing non-employee director equity awards.

What are the deferred restricted stock units reported for UL Solutions (ULS)?

Each deferred restricted stock unit represents a contingent right to receive one share of UL Solutions’ Class A Common Stock. These units are part of non-employee director compensation and are settled in shares at future dates specified under the company’s deferred compensation plan.

How did Sally Susman acquire the new units reported at UL Solutions (ULS)?

Sally Susman acquired the additional deferred restricted stock units through grant or award transactions. The filing explains these represent accrual of dividend equivalent rights on deferred restricted stock units she already holds, rather than open-market buying of UL Solutions shares.

When do the UL Solutions (ULS) deferred restricted stock units vest for Sally Susman?

Some deferred restricted stock units vested on May 1, 2025, while another grant will vest on the earlier of May 20, 2026 or the annual meeting following the grant date. Vesting timing is determined under the company’s non-employee director deferred compensation plan.

How will Sally Susman’s UL Solutions (ULS) deferred restricted stock units be settled?

The deferred restricted stock units are expected to be settled in UL Solutions Class A Common Stock. Settlement will occur either on a date chosen by the reporting person under the Non-Employee Director Deferred Compensation Plan, or as otherwise provided by that plan’s terms.

What are dividend equivalent rights in the UL Solutions (ULS) Form 4 filing?

Dividend equivalent rights are additional deferred restricted stock units that accrue on existing units. They vest proportionately with the underlying deferred restricted stock units and are expected to be settled in UL Solutions Class A Common Stock, mirroring dividends that would have been paid on regular shares.