KENNEDY KEVIN 4
4 · UL Solutions Inc. · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
UL Solutions (ULS) Director Kevin Kennedy Receives Award
What Happened Kevin Kennedy, 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 award was recorded at $0.00 (these are derivative awards, not open‑market purchases or sales). The RSUs represent contingent rights to receive Class A common shares under the company’s non‑employee director deferred compensation plan.
Key Details
- Transaction date: 2026-03-12; Transaction code: A (Award/Grant). Reported on Form 4 filed 2026-03-16.
- Quantity & price: 8 RSUs @ $0.00 and 4 RSUs @ $0.00 (total 12 RSUs); reported value $0 because these are awards, not cash purchases.
- Shares owned after transaction: Not specified in the supplied filing details.
- Notable footnotes (summary):
- F1: Each deferred RSU = contingent right to one Class A share.
- F2/F3/F5: Dividend equivalents accrue on deferred RSUs and vest proportionately; some RSUs referenced vested May 1, 2025 (expected to be settled in shares on a date chosen under the Plan), while others vest the earlier of May 20, 2026 or the next annual meeting and will be settled per the Plan.
- F4: Aggregate reference including deferred RSUs and accrued dividend equivalents.
- Filing timeliness: No late filing flag indicated in the provided data.
Context These entries are grants of deferred RSUs (derivative awards) rather than open‑market buys or sales. Deferred RSUs generally convert to shares (or are settled in shares) according to the company plan and vesting schedule and may include accrued dividend equivalents; they do not by themselves indicate a purchase or sale sentiment.
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.