UL Solutions Inc.·4

Mar 16, 8:54 PM ET

Genovesi John A 4

Research Summary

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UL Solutions EVP John Genovesi Receives RSU Award

What Happened
John A. Genovesi, Executive Vice President & President, Software and Advisory at UL Solutions (ULS), was granted two restricted stock unit (RSU) awards on March 12, 2026: 6 RSUs and 7 RSUs (13 RSUs total). Each RSU is a contingent right to receive one share of Class A common stock (reported acquisition price $0.00 because these are awards). Dividend equivalent rights have accrued on the RSUs and vest proportionately with the underlying units.

Key Details

  • Transaction date: March 12, 2026; two awards of 6 RSUs and 7 RSUs, each recorded at $0.00 (derivative awards).
  • Total new RSUs: 13 (represents contingent right to 13 Class A shares if vested/settled).
  • Vesting: Awards include dividend equivalents that vest with the RSUs. Some RSUs vest in three equal installments on the 1st, 2nd and 3rd anniversaries of May 1, 2024; others vest in three equal installments on the 1st, 2nd and 3rd anniversaries of April 1, 2025 (per filing footnotes).
  • Shares owned after transaction: not specified in the Form 4 filing.
  • Role/remark: Reported by the Executive Vice President & President, Software and Advisory.
  • Filing timeliness: Report filed March 16, 2026 for a March 12, 2026 grant — filed within the Form 4 deadline (timely).

Context: RSU grants are awards, not open-market purchases or sales. They are contingent on vesting schedules and typically reflect compensation rather than an immediate bullish or bearish signal. The filing shows accrued dividend equivalents tied to the RSUs; these accrue and vest proportionally with the units.