Kini Vikram 4
Research Summary
AI-generated summary
UL Solutions (ULS) Director Vikram Receives 4 RSUs
What Happened
- Director Vikram received a grant of 4 restricted stock units (RSUs) on March 12, 2026. The Form 4 reports the award as a derivative acquisition (code A) at an acquisition price of $0.00. Each RSU represents a contingent right to one share of UL Solutions Class A common stock and no cash was paid.
Key Details
- Transaction date: 2026-03-12; Form 4 filed: 2026-03-16 (filed four days after the transaction; Form 4s are generally due within two business days, so this appears later than typical).
- Award: 4 RSUs, acquisition price $0.00 (derivative award).
- Vesting: RSUs vest on the earlier of May 20, 2026 or the date of the annual meeting following the grant date (see footnote). Dividend equivalent rights accrue on the RSUs and vest proportionately.
- Shares owned after transaction: Not specified in the filing.
- Notes: Footnotes confirm each RSU converts to one share upon vesting and that dividend equivalents are included and vest with the RSUs.
Context
- RSU grants to directors are typically compensation-related rather than open-market purchases or sales; they do not by themselves signal buying or selling intent. These RSUs will convert to shares only if and when they vest per the stated schedule and include accrued dividend equivalents that vest alongside the RSUs.