Hooper Charles W 4
4 · UL Solutions Inc. · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
UL Solutions (ULS) Director Charles Hooper Receives 12 Deferred RSUs
What Happened Charles W. Hooper, a director of UL Solutions Inc. (ULS), was granted two awards on March 12, 2026: 8 deferred restricted stock units (RSUs) and 4 deferred RSUs, for a total of 12 RSUs. Each award is reported as a derivative award (code A) with a reported price of $0.00 — these are non‑cash compensation (contingent rights to receive shares), not open‑market purchases.
Key Details
- Transaction date: 2026-03-12; reported on Form 4 filed 2026-03-16. (Form 4 is generally due within 2 business days; this filing appears to have been submitted after that window.)
- Awards: 8 RSUs @ $0.00 and 4 RSUs @ $0.00 (total 12 RSUs). Reported as derivative awards (A).
- Value: No cash paid; dollar value not reported on the form (typical for RSU grants).
- Shares owned after transaction: Not specified in the data provided.
- Notable footnotes: The RSUs are deferred restricted stock units that include accrued dividend equivalent rights. Some units noted as already vested (vested May 1, 2025) and expected to be settled in shares on a date chosen under the Issuer’s Non‑Employee Director Deferred Compensation Plan; other RSUs vest on the earlier of May 20, 2026 or the date of the annual meeting. Dividend equivalents vest proportionately with the RSUs.
Context Deferred RSUs are a form of non-cash director compensation that give the recipient a contingent right to receive company shares later (settlement timing is governed by the company’s plan and the director’s election). Because these are awards rather than open‑market purchases or sales, they do not directly signal a buy/sell decision by the insider. The late filing note above is procedural — late Form 4 filings can draw regulatory attention but do not by themselves indicate trading intent.
Insider Transaction Report
- Award
Deferred Restricted Stock Units
[F1][F2][F3][F4]2026-03-12+8→ 4,962 total→ Class A Common Stock (8 underlying) - Award
Deferred Restricted Stock Units
[F1][F2][F5][F4]2026-03-12+4→ 2,805 total→ Class A Common Stock (4 underlying)
Footnotes (5)
- [F1]Each deferred restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- [F2]Represents accrual of dividend equivalent rights on deferred restricted stock units held by the Reporting Person.
- [F3]The dividend equivalent rights accrued on deferred restricted stock units held by the Reporting Person and vest proportionately with the deferred restricted stock units to which they relate. The deferred restricted stock units vested on May 1, 2025 and are expected to be settled in shares of the Issuer's Class A Common Stock either (i) on a date selected by the reporting person pursuant to the Issuer's Non-Employee Director Deferred Compensation Plan (the "Plan"), or (ii) as otherwise provided by the Plan.
- [F4]Includes deferred restricted stock units and all dividend equivalent rights that have accrued on such deferred restricted stock units to date.
- [F5]The dividend equivalent rights accrued on deferred restricted stock units held by the Reporting Person and vest proportionately with the deferred restricted stock units to which they relate. The deferred restricted stock units will vest on the earlier of May 20, 2026 or the date of the annual meeting following the grant date and are expected to be settled in shares of the Issuer's Class A Common Stock either (i) on a date selected by the reporting person pursuant to the Issuer's Plan, or (ii) as otherwise provided by the Plan.