UL Solutions executive exercises RSUs, gets stock grants
UL Solutions Inc. officer Lynn H. Hancock reported equity compensation activity rather than open-market trading.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
UL Solutions Inc. officer Lynn H. Hancock reported equity compensation activity rather than open-market trading. Hancock exercised 773 restricted stock units into 773 shares of Class A Common Stock and received new awards of 1,577 restricted stock units plus 5,168 shares, with 2,633 shares withheld to cover tax obligations. Following these transactions, Hancock directly holds 20,594 shares of Class A Common Stock, and the new restricted stock units will vest in three equal installments on the first, second and third anniversaries of April 1, 2025 and April 1, 2026, as applicable.
Insider Trade Summary
773 shares exercised/converted
Exercise
6 txns
Insider
Hancock Lynn H
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 773 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 1,577 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 773 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 343 | $84.57 | $29K |
| Grant/Award | Class A Common Stock | 5,168 | $84.57 | $437K |
| Exercise Price or Tax Liability | Class A Common Stock | 2,290 | $84.57 | $194K |
Holdings After Transaction:
Restricted Stock Units — 3,123 contracts (Direct);
Class A Common Stock — 20,594 shares (Direct)
Footnotes (5)
- F1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- F2. 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.
- F3. The restricted stock units vest in three equal installments on the first, second and third anniversaries of April 1, 2025.
- F4. Includes restricted stock units and all dividend equivalent rights that have accrued on such restricted stock units to date.
- F5. The restricted stock units vest in three equal installments on the first, second and third anniversaries of April 1, 2026.
Key Figures
RSUs exercised: 773 units
New RSU grant: 1,577 units
Stock grant: 5,168 shares
+3 more
6 metrics
RSUs exercised
773 units
Restricted Stock Units converted into 773 Class A Common shares on April 1, 2026
New RSU grant
1,577 units
Restricted stock units granted to Lynn H. Hancock on April 1, 2026
Stock grant
5,168 shares
Class A Common Stock granted on April 1, 2026 at $84.57 per share
Tax withholding shares
2,633 shares
Shares delivered for tax liabilities at $84.57 per share on April 1, 2026
Post-transaction holdings
20,594 shares
Direct Class A Common Stock holdings after reported transactions
Award price reference
$84.57 per share
Price used for Class A Common Stock grants and tax-withholding entries
Key Terms
Restricted Stock Units, Pre-IPO Long Term Incentive Plan, dividend equivalent rights, performance cash awards, +1 more
5 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.
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"
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
"issued to the Reporting Person upon settlement of performance cash awards granted under the Issuer's Pre-IPO Long Term Incentive Plan"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Lynn H. Hancock report at UL Solutions (ULS)?
Lynn H. Hancock exercised 773 restricted stock units into 773 Class A Common shares and received additional grants of 1,577 restricted stock units and 5,168 Class A Common shares. These movements reflect equity compensation and vesting activity, not open-market buying or selling.
What restricted stock unit grants did Lynn H. Hancock receive from UL Solutions (ULS)?
Hancock received 1,577 new restricted stock units and also holds existing restricted stock units with accrued dividend equivalent rights. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock, subject to vesting conditions over multi-year schedules.
How do the new UL Solutions (ULS) equity awards for Lynn H. Hancock vest?
The filing states that one set of restricted stock units vests in three equal installments on the first, second and third anniversaries of April 1, 2025, and another set vests similarly on the first, second and third anniversaries of April 1, 2026, tying value to continued service.
What is the significance of the tax-withholding transactions in UL Solutions (ULS) Form 4?
Tax-withholding transactions totaling 2,633 shares reflect shares delivered to cover tax liabilities from equity awards at a price of $84.57 per share. These events are mechanical for compensation and do not represent discretionary open-market sales by Lynn H. Hancock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
