UL Solutions (NYSE: ULS) executive adds stock via RSU vesting and grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
UL Solutions Inc. officer John A. Genovesi reported mainly stock-based compensation activity involving restricted stock units (RSUs) and Class A Common Stock. On April 1, 2026, he exercised 1,352 RSUs into 1,352 shares of Class A Common Stock at a conversion price of $0.00 per share.
He also received new awards of 2,956 RSUs and 7,107 shares of Class A Common Stock, reflecting compensation grants rather than market purchases. To cover tax obligations, 533 shares and 2,797 shares of Class A Common Stock were withheld at $84.57 per share.
After these transactions, Genovesi directly holds 29,757 shares of Class A Common Stock and 2,956 RSUs, plus an additional 2,709 RSUs from prior awards, which generally vest in three equal installments on the first, second and third anniversaries of their grant dates.
Positive
- None.
Negative
- None.
Insights
Routine equity compensation: RSU vesting, new grants, and tax withholding.
The transactions for John A. Genovesi at UL Solutions Inc. are classic equity compensation events. He exercised 1,352 RSUs into Class A Common Stock and received additional grants of 2,956 RSUs and 7,107 shares, reflecting ongoing incentive programs.
Two tax-withholding dispositions totaling 3,330 shares at $84.57 per share covered related tax liabilities, rather than indicating open-market selling. Post-transaction, he holds 29,757 shares plus sizeable RSU balances, suggesting increased direct equity exposure driven by compensation, not trading decisions.
Insider Trade Summary
1,352 shares exercised/converted
Mixed
6 txns
Insider
Genovesi John A
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,352 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 2,956 | $0.00 | -- |
| Exercise | Class A Common Stock | 1,352 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 533 | $84.57 | $45K |
| Grant/Award | Class A Common Stock | 7,107 | $84.57 | $601K |
| Tax Withholding | Class A Common Stock | 2,797 | $84.57 | $237K |
Holdings After Transaction:
Restricted Stock Units — 2,709 shares (Direct);
Class A Common Stock — 25,980 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock. Includes 952 shares acquired under the Issuer's Employee Stock Purchase Plan on May 14, 2025, and 34 shares acquired under the Issuer's Employee Stock Purchase Plan on November 14, 2025. 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.
Key Figures
RSUs exercised: 1,352 RSUs
New RSU grant: 2,956 RSUs
Stock grant: 7,107 shares
+5 more
8 metrics
RSUs exercised
1,352 RSUs
Converted into Class A Common Stock on April 1, 2026
New RSU grant
2,956 RSUs
Awarded as equity compensation on April 1, 2026
Stock grant
7,107 shares
Class A Common Stock granted as compensation on April 1, 2026
Tax-withholding shares
3,330 shares
Withheld to cover taxes at $84.57 per share
Tax price
<money>$84.57</money>/share
Value used for tax-withholding dispositions on April 1, 2026
Post-transaction holdings
29,757 shares
Class A Common Stock directly owned after all reported transactions
Outstanding RSUs (new)
2,956 RSUs
Remain unvested, scheduled to vest over three years from April 1, 2026
Outstanding RSUs (prior award)
2,709 RSUs
Balance following RSU exercise transaction on April 1, 2026
Key Terms
Restricted Stock Units, tax-withholding disposition, Employee Stock Purchase Plan, dividend equivalent rights, +2 more
6 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Employee Stock Purchase Plan financial
"Includes 952 shares acquired under the Issuer's Employee Stock Purchase Plan on May 14, 2025, and 34 shares acquired under the Issuer's Employee Stock Purchase Plan on November 14, 2025."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
dividend equivalent rights financial
"Includes restricted stock units and all dividend equivalent rights that have accrued on such restricted stock units to date."
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
performance cash awards financial
"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."
Pre-IPO Long Term Incentive Plan financial
"granted under the Issuer's Pre-IPO Long Term Incentive Plan as a result of the achievement of certain performance criteria."
FAQ
What did UL Solutions (ULS) insider John A. Genovesi report on this Form 4?
He reported routine equity compensation activity: exercising 1,352 restricted stock units into Class A Common Stock, receiving 2,956 new RSUs and 7,107 shares, and share withholdings to cover taxes, all dated April 1, 2026.
Did John A. Genovesi buy or sell UL Solutions (ULS) stock on the open market?
The filing shows no open-market buys or sells. Activity reflects RSU exercises, stock and RSU grants, and 3,330 shares withheld at $84.57 per share solely to satisfy tax obligations, which is standard for equity compensation vesting.
What restricted stock unit (RSU) grants did Genovesi receive from UL Solutions (ULS)?
He received 2,956 RSUs and 7,107 shares of Class A Common Stock as compensation. Footnotes state the RSUs vest in three equal installments on the first, second and third anniversaries of April 1, 2026, aligning with typical multi-year incentive structures.
What do the UL Solutions (ULS) Form 4 footnotes reveal about Genovesi’s awards?
Footnotes explain each RSU equals one share of Class A Common Stock, include accrued dividend equivalents, and vest in three installments. They also note some Class A shares came from performance cash awards tied to specific performance criteria, not just time or stock price.