UL Solutions (NYSE: ULS) EVP Uggetti gains shares through equity awards and tax withholding
Rhea-AI Filing Summary
UL Solutions Inc. executive Alberto Uggetti reported compensation-related equity transactions involving Class A Common Stock and restricted stock units. He exercised 944 restricted stock units into 944 shares of Class A Common Stock and received additional grants of restricted stock units and shares tied to performance awards.
The filing shows 2,608 shares of Class A Common Stock issued upon settlement of performance cash awards, with 223 and 616 shares withheld at a price of $83.80 per share to cover tax obligations. Following these transactions, Uggetti directly holds 15,543 shares of Class A Common Stock, reflecting net equity accumulation from awards rather than open-market trading.
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Insider Trade Summary
Net Buyer: 2,713 shares
Net Buy
6 txns
Insider
Uggetti Alberto
Role
EVP & CCO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 944 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 2,287 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 944 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 223 | $83.80 | $19K |
| Grant/Award | Class A Common Stock | 2,608 | $83.80 | $219K |
| Exercise Price or Tax Liability | Class A Common Stock | 616 | $83.80 | $52K |
Holdings After Transaction:
Restricted Stock Units — 4,177 shares (Direct);
Class A Common Stock — 15,543 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: 944 units
New RSU grant: 2,287 units
Performance award shares: 2,608 shares
+3 more
6 metrics
RSUs exercised
944 units
Restricted stock units converted into 944 Class A Common shares on April 1, 2026
New RSU grant
2,287 units
Restricted stock units granted to Alberto Uggetti on April 1, 2026
Performance award shares
2,608 shares
Class A Common Stock issued upon settlement of performance cash awards
Tax withholding shares
839 shares
223 and 616 shares withheld to cover tax liabilities at $83.80 per share
Tax price per share
$83.80 per share
Value used for tax-withholding dispositions of Class A Common Stock
Shares held after transactions
15,543 shares
Direct Class A Common Stock holdings following all reported transactions
Key Terms
Restricted Stock Units, Pre-IPO Long Term Incentive Plan, performance cash awards, dividend equivalent rights, +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"
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"
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.
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
What insider transactions did UL Solutions (ULS) EVP & CCO Alberto Uggetti report?
Alberto Uggetti reported equity compensation activity, including exercising 944 restricted stock units into Class A Common Stock and receiving new grants of restricted stock units and shares. These movements reflect vesting and awards, not open-market buying or selling of UL Solutions stock.
Were any of Alberto Uggetti’s UL Solutions (ULS) transactions open-market sales?
The transactions include tax-withholding dispositions coded “F,” where 223 and 616 shares were withheld at $83.80 per share to cover tax liabilities. These are not open-market sales but shares delivered to satisfy taxes triggered by equity award vesting and settlement.
What restricted stock unit activity did UL Solutions (ULS) disclose for Alberto Uggetti?
Uggetti exercised 944 restricted stock units into an equal number of Class A Common shares and received an additional grant of 2,287 restricted stock units. The filing notes these units vest in three equal installments on anniversaries of April 1, 2025 and April 1, 2026.
How were UL Solutions (ULS) performance awards settled for Alberto Uggetti?
The filing states 2,608 shares of Class A Common Stock were issued upon settlement of performance cash awards under the Pre-IPO Long Term Incentive Plan. These awards vested based on achievement of specified performance criteria, not merely the passage of time or stock price changes.
AI-generated analysis. How Rhea-AI works. Not financial advice.
