DOLLIVE JAMES P 4
Research Summary
AI-generated summary
UL Solutions (ULS) Director James P. Dollive Receives Award
What Happened
- James P. Dollive, a director of UL Solutions Inc. (ULS), received an award of 4 restricted stock units (RSUs) on March 12, 2026. The reported acquisition price is $0.00 (derivative award), meaning these are compensatory RSUs rather than a cash purchase or sale.
Key Details
- Transaction date: 2026-03-12; Filing date: 2026-03-16 (filed 4 days after the transaction — appears to be a late Form 4 filing; Form 4 is generally due within 2 business days).
- Award: 4 RSUs granted at $0.00 acquisition price (derivative). No immediate cash value reported in the filing.
- Vesting: RSUs vest on the earlier of May 20, 2026 or the date of the annual meeting following the grant date (see footnote F3).
- Dividend equivalents: Dividend equivalent rights have accrued on these RSUs and vest proportionately with the underlying RSUs (F2, F3).
- Shares owned after transaction: Not specified in this filing (ownership after the award not disclosed).
- Footnotes summary: F1—each RSU equals the contingent right to one Class A share; F2–F4—cover dividend equivalents, proportional vesting, and that totals include accrued dividend equivalents.
Context
- This was an award/grant of RSUs (compensation for a director) rather than a market purchase or sale. Such grants are routine forms of equity compensation and do not necessarily signal the director is buying or selling stock.
- For retail investors: purchases can be a stronger signal than grants; this filing documents compensation and the upcoming vesting schedule rather than an immediate change in market exposure.