UL Solutions Inc.·4

Mar 16, 8:59 PM ET

Hecker Friedrich 4

Research Summary

AI-generated summary

Updated

UL Solutions (ULS) Director Friedrich Receives 4 RSUs

What Happened
Hecker Friedrich, a director of UL Solutions Inc. (ULS), was granted 4 restricted stock units (RSUs) on March 12, 2026. The filing reports the acquisition as 4 derivative units at $0.00 (no cash paid). This is an award/grant rather than an open‑market purchase or sale.

Key Details

  • Transaction date: 2026-03-12; Form 4 filed 2026-03-16 (filing is within required timing).
  • Reported transaction: Grant/award (derivative) of 4 RSUs at $0.00.
  • Shares owned after transaction: Not specified in the filing.
  • Footnotes of note:
    • F1: Each RSU represents a contingent right to one share of Class A common stock.
    • F2: Dividend equivalent rights accrue on the RSUs.
    • F3: Dividend equivalents vest proportionately with the RSUs; RSUs vest on the earlier of May 20, 2026 or the date of the annual meeting following the grant.
    • F4: Aggregate counts include RSUs plus accrued dividend equivalents to date.

Context
RSUs are derivative awards that convert into shares if and when they vest; they do not indicate an immediate cash outlay or sale of stock. This grant is a routine director compensation award; it does not by itself signal buying or selling activity in the open market.