[Form 4] UL Solutions Inc. Insider Trading Activity
Rhea-AI Filing Summary
UL Solutions Inc. officer Gitte Schjotz reported equity compensation activity involving restricted stock units (RSUs) and Class A common shares. She exercised 1,643 RSUs into 1,643 shares of Class A Common Stock at an exercise price of $0.00 per share, a non‑cash derivative conversion.
She also received 3,941 new RSUs, each representing a contingent right to one Class A share, vesting in three equal installments on the first, second, and third anniversaries of April 1, 2026. In addition, she was issued 9,045 shares of Class A Common Stock at $84.57 per share upon settlement of performance cash awards granted under the company’s Pre‑IPO Long Term Incentive Plan after achievement of specified performance criteria.
Following these transactions, she directly holds 70,496 shares of Class A Common Stock and 3,288 RSUs from earlier awards, plus the new 3,941‑unit RSU grant, including associated dividend equivalent rights.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,643 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 3,941 | $0.00 | -- |
| Exercise | Class A Common Stock | 1,643 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 9,045 | $84.57 | $765K |
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock. The Class A Common Stock was issued to the Reporting Person upon settlement of performance cash awards granted under the Issuer's Pre-IPO Long Term Incentive Plan as a result of the achievement of certain performance criteria not related to the passage of time or stock price. The restricted stock units vest in three equal installments on the first, second and third anniversaries of April 1, 2025. Includes restricted stock units and all dividend equivalent rights that have accrued on such restricted stock units to date. The restricted stock units vest in three equal installments on the first, second and third anniversaries of April 1, 2026.