GOTTSCHALK MARLA C 4

What Happened
Marla C. Gottschalk, a director of UL Solutions Inc. (ULS), was granted a total of 12 deferred restricted stock units (RSUs) on March 12, 2026 (two awards: 8 RSUs and 4 RSUs). Each RSU is a contingent right to receive one share of the issuer’s Class A common stock. The grants are reported as awards (transaction code A) at $0.00 per unit (derivative awards).

Key Details

• Transaction date: 2026-03-12; Form 4 filed: 2026-03-16 (timely filing). Accession: 0000905148-26-001292.
• Reported awards: 8 RSUs (A) and 4 RSUs (A); reported acquisition price $0.00 (reflects grant of derivative units, not cash purchase).
• Dividend equivalents: the RSUs accrue dividend-equivalent rights that vest proportionately with the underlying RSUs.
• Vesting/settlement notes: footnotes state some deferred RSUs had vested on May 1, 2025 and are expected to be settled in shares on a date the director selects under the Non-Employee Director Deferred Compensation Plan; other RSUs will vest on the earlier of May 20, 2026 or the date of the annual meeting following the grant date and are likewise expected to be settled in shares per the Plan.
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Filing timeliness: filed within required reporting window (filed 3/16 for 3/12 transaction).

Context
These are grants of deferred RSUs (future share awards), not open-market purchases or sales. Deferred RSUs represent a right to receive shares later (often used for director compensation) and typically do not indicate immediate buying or selling sentiment. Dividend-equivalent rights simply track dividends on the underlying shares and vest with the RSUs.