Scanlon Jennifer F. 4

What Happened
Jennifer F. Scanlon, President, CEO and Director of UL Solutions, received two awards on March 12, 2026 totaling 147 restricted stock units (74 RSUs and 73 RSUs). Both grants are reported as derivative awards with a $0.00 acquisition price (no cash paid). RSUs represent contingent rights to receive one share of the company's Class A common stock upon vesting.

Key Details

• Transaction date: March 12, 2026; Form 4 filed March 16, 2026 (appears timely within the 2-business-day rule).
• Grants: 74 RSUs (A) and 73 RSUs (A); price reported $0.00 per unit; total = 147 RSUs.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes summary: F1 = each RSU converts to one Class A share; F2/F3/F5 = dividend equivalent rights accrue on RSUs and vest proportionately; F3 and F5 describe vesting in three equal annual installments tied to May 1, 2024 or April 1, 2025 for different awards. F4 aggregates RSUs and accrued dividend equivalents.
• Nature of transaction: derivative award (not a market purchase or sale); no immediate stock sale or cash proceeds.

Context
RSUs are a common form of executive compensation and convert to actual shares only as they vest; dividend equivalents typically accrue and vest with the underlying units. Such awards are routine and do not by themselves indicate a buy/sell decision by the insider — watch future filings for vesting events or any subsequent sales.