Schjotz Gitte 4

What Happened
Gitte Schjotz, Executive Vice President and Chief Business Operations and Innovation Officer of UL Solutions (ULS), received three grants of restricted stock units (RSUs) on March 12, 2026. The grants were for 9, 5 and 8 RSUs (22 RSUs total), reported as derivative awards with a $0.00 per-unit acquisition price. Each RSU represents a contingent right to receive one share of the issuer’s Class A common stock and includes accrued dividend-equivalent rights as noted in the filing.

Key Details

• Transaction date: 2026-03-12; Form 4 filed: 2026-03-16.
• Grant details: 9 RSUs, 5 RSUs, and 8 RSUs; price reported $0.00 (award/grant, code A). Total = 22 RSUs.
• Classification: Derivative awards (restricted stock units that convert to common stock per footnote F1).
• Shares owned after transaction: Not disclosed in the provided filing data.
• Notable footnotes: F1–F6 explain that RSUs convert 1:1 to Class A shares, accrue dividend-equivalent rights that vest proportionally, and have varying vesting schedules referenced (anniversaries of May 1, 2024; Jan 1, 2025; and Apr 1, 2025). F4 aggregates RSUs and accrued dividend equivalents.
• Timeliness: The Form 4 was filed four days after the transaction date (3/16 filing for 3/12 transaction); this falls within the typical two-business-day reporting window.

Context
These grants are compensation awards (RSUs), not open-market purchases or sales. RSUs have future vesting conditions and convert to shares only when vested and settled, so they do not indicate an immediate purchase of stock by the insider. Awards like this are routine for executive compensation; they increase potential future share ownership but should not be interpreted as a direct market buy signal.