UL Solutions director granted 2,206 deferred RSUs
Shannon James M reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Shannon James M reported acquisition or exercise transactions in this Form 4 filing.
UL Solutions Inc. director Shannon James M received a grant of deferred restricted stock units as part of director compensation. The award covers 2,206 deferred restricted stock units, each representing a contingent right to receive one share of Class A common stock.
The deferred restricted stock units will vest on the earlier of the one-year anniversary of the grant date or the date of the next annual meeting following the grant date. Once vested, they will be settled in shares of Class A common stock at a time selected under the company’s Non-Employee Director Deferred Compensation Plan or as otherwise provided by that plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Restricted Stock Units | 2,206 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each deferred restricted stock unit ("DRSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- F2. The DRSUs will vest on the earlier of the one-year anniversary of the grant date or the date of the annual meeting following the grant date and will 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.
Key Figures
Key Terms
Deferred Restricted Stock Units financial
Class A Common Stock financial
Non-Employee Director Deferred Compensation Plan financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did UL Solutions Inc. (ULS) report for Shannon James M?
How many deferred restricted stock units were granted in this UL Solutions (ULS) Form 4?
When do the deferred restricted stock units for UL Solutions (ULS) director vest?
How will the UL Solutions (ULS) deferred restricted stock units be settled?
Does the UL Solutions (ULS) Form 4 reflect an open-market stock purchase or sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.