Kayne Anderson Rudnick reports 7.8% UL Solutions (ULS) ownership stake

Rhea-AI Filing Summary

Kayne Anderson Rudnick Investment Management, LLC filed an updated ownership report showing it beneficially owns 6,008,977 UL Solutions Inc Class A shares, representing 7.8% of the class as of 12/31/2025. It has sole voting power over 5,035,456 shares and shared voting power over 936,282 shares.

The firm also reports sole dispositive power over 5,072,695 shares and shared dispositive power over 936,282 shares. It certifies the stake was acquired and is held in the ordinary course of business and not for the purpose of changing or influencing control of UL Solutions.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

UL Solutions Inc

(Name of Issuer)

UL Solutions Ord Shs Class A

(Title of Class of Securities)

903731107

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 903731107

1

Names of Reporting Persons

Kayne Anderson Rudnick Investment Management, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CALIFORNIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 5,035,456.00
6	Shared Voting Power 936,282.00
7	Sole Dispositive Power 5,072,695.00
8	Shared Dispositive Power 936,282.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

6,008,977.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

7.8 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: UL Solutions Inc
(b)	Address of issuer's principal executive offices: 333 PFINGSTEN ROAD, NORTHBROOK, IL, 60062
Item 2.
(a)	Name of person filing: Kayne Anderson Rudnick Investment Management, LLC
(b)	Address or principal business office or, if none, residence: 2000 Avenue of the Stars, Suite 1110, Los Angeles, 90067, CA, United States
(c)	Citizenship: CALIFORNIA
(d)	Title of class of securities: UL Solutions Ord Shs Class A
(e)	CUSIP No.: 903731107
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 6,008,977
(b)	Percent of class: 7.8 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 5,035,456
	(ii) Shared power to vote or to direct the vote: 936,282
	(iii) Sole power to dispose or to direct the disposition of: 5,072,695
	(iv) Shared power to dispose or to direct the disposition of: 936,282
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Kayne Anderson Rudnick Investment Management, LLC

Signature:	/s/Michael Shoemaker
Name/Title:	Chief Compliance Officer
Date:	02/13/2026

FAQ

How many UL Solutions (ULS) shares does Kayne Anderson Rudnick report owning?

Kayne Anderson Rudnick reports beneficial ownership of 6,008,977 UL Solutions Inc Class A shares. This stake reflects the total shares over which it has either sole or shared voting or investment power, based on holdings as of December 31, 2025.

What percentage of UL Solutions (ULS) does Kayne Anderson Rudnick hold?

The filing shows Kayne Anderson Rudnick holds 7.8% of UL Solutions Inc’s Class A shares. This percentage is calculated from its reported beneficial ownership position relative to the outstanding Class A shares as of December 31, 2025.

How much voting power does Kayne Anderson Rudnick have in UL Solutions (ULS)?

Kayne Anderson Rudnick reports sole voting power over 5,035,456 shares and shared voting power over 936,282 shares of UL Solutions Inc Class A stock, indicating how many shares it can vote independently or together with others.

What dispositive power does Kayne Anderson Rudnick report over UL Solutions (ULS) shares?

The investor reports sole dispositive power over 5,072,695 shares and shared dispositive power over 936,282 shares. Dispositive power refers to the authority to sell or otherwise dispose of the shares, either alone or jointly with another party.

Is Kayne Anderson Rudnick’s UL Solutions (ULS) stake intended to influence control of the company?

The certification states the UL Solutions securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control, nor in connection with any control-related transaction, other than certain nomination activities referenced in the rule.

What type of SEC filing did Kayne Anderson Rudnick submit for UL Solutions (ULS)?

Kayne Anderson Rudnick submitted an Amendment No. 1 to Schedule 13G for UL Solutions Inc. Schedule 13G is a beneficial ownership report used by certain investors to disclose significant, generally passive, positions in a company’s equity securities.