UL Solutions (ULS) EVP exercises 1,456 RSUs and withholds 611 shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
UL Solutions Inc. executive Linda S. Chapin reported routine equity compensation activity. On May 1, 2026, she exercised 1,456 restricted stock units, receiving the same number of shares of Class A Common Stock. To cover tax obligations, 611 shares of Class A Common Stock were disposed of through a tax-withholding transaction at $91.60 per share. After these transactions, Chapin directly holds 22,918 shares of Class A Common Stock and 1,464 restricted stock units, which continue to vest in three equal installments on the first, second and third anniversaries of May 1, 2024.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,456 shares exercised/converted
Mixed
3 txns
Insider
Chapin Linda S
Role
EVP & CHRO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,456 | $0.00 | -- |
| Exercise | Class A Common Stock | 1,456 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 611 | $91.60 | $56K |
Holdings After Transaction:
Restricted Stock Units — 1,464 shares (Direct, null);
Class A Common Stock — 23,529 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock. The restricted stock units vest in three equal installments on the first, second and third anniversaries of May 1, 2024. Includes restricted stock units and all dividend equivalent rights that have accrued on such restricted stock units to date.
Key Figures
RSUs exercised: 1,456 units
Tax-withholding shares: 611 shares
Share holdings after transaction: 22,918 shares
+1 more
4 metrics
RSUs exercised
1,456 units
Converted into Class A Common Stock on May 1, 2026
Tax-withholding shares
611 shares
Disposed at $91.60 per share to cover tax liability
Share holdings after transaction
22,918 shares
Class A Common Stock directly held by Linda S. Chapin
Remaining RSUs
1,464 units
Restricted stock units outstanding after conversion and including dividend equivalents
Key Terms
Restricted Stock Units, tax-withholding disposition, dividend equivalent rights
3 terms
Restricted Stock Units financial
"The restricted stock units vest in three equal installments on the first, second and third anniversaries of May 1, 2024."
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.
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.
FAQ
What insider transactions did UL Solutions (ULS) report for Linda S. Chapin?
UL Solutions reported that EVP & CHRO Linda S. Chapin exercised 1,456 restricted stock units into Class A Common Stock and had 611 shares withheld to satisfy tax obligations. These transactions were recorded as routine compensation-related events.
Did the UL Solutions (ULS) executive make an open-market sale or purchase?
The filing shows no open-market buys or sells. Shares were acquired via exercise of restricted stock units, and a portion was disposed of only as a tax-withholding transaction, which is a standard mechanism to cover tax liabilities on vesting.
How do UL Solutions (ULS) restricted stock units vest for this executive award?
The filing states that the restricted stock units vest in three equal installments on the first, second and third anniversaries of May 1, 2024. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock upon vesting.