UL Solutions (ULS) director Sally Susman receives deferred stock unit awards
Filing Impact
Filing Sentiment
Form Type
4
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
2 transactions reported
Mixed
2 txns
Insider
SUSMAN SALLY
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Restricted Stock Units | 8 | $0.00 | -- |
| Grant/Award | Deferred Restricted Stock Units | 4 | $0.00 | -- |
Holdings After Transaction:
Deferred Restricted Stock Units — 4,962 shares (Direct)
Footnotes (1)
- Each deferred 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 deferred restricted stock units held by the Reporting Person. 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. Includes deferred restricted stock units and all dividend equivalent rights that have accrued on such deferred restricted stock units to date. 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?
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.