UL Solutions Inc.·4

Mar 16, 9:16 PM ET

SUSMAN SALLY 4

4 · UL Solutions Inc. · Filed Mar 16, 2026

Research Summary

AI-generated summary of this filing

Updated

UL Solutions (ULS) Director Sally Susman Receives 12 RSU Award

What Happened

Sally Susman, a director of UL Solutions Inc. (ULS), was granted a total of 12 deferred restricted stock units (DRSUs) on March 12, 2026 — two awards of 8 and 4 units. Each unit is a contingent right to receive one share of the issuer’s Class A common stock; the awards were reported as acquired at $0 (typical for compensation awards), so no cash changed hands. These are derivative compensation awards (not open-market purchases or sales).

Key Details

  • Transaction date: 2026-03-12 (filed with the SEC 2026-03-16 — filing appears timely).
  • Awards: 8 DRSUs and 4 DRSUs (total 12); reported acquisition price $0.00.
  • Shares owned after transaction: not specified in the filing.
  • Footnotes summarized from the filing:
    • F1: Each deferred restricted stock unit equals the right to one share of Class A common stock.
    • F2: Some units accrue dividend equivalent rights.
    • F3/F5: Dividend equivalents vest with the related units. Some deferred units referenced in the filing had vested previously (e.g., May 1, 2025) and/or will vest by (or on the earlier of) May 20, 2026 or the next annual meeting; settlement is per the Non‑Employee Director Deferred Compensation Plan (settlement date elected by the reporting person or as provided by the Plan).
    • F4: Aggregate includes DRSUs plus accrued dividend equivalents to date.

Context

  • These are compensation awards to a non-employee director (routine for board service) and represent future rights to receive shares upon vesting/settlement — not an immediate buy or sell signal.
  • Dividend equivalent rights typically convert to additional shares or cash upon settlement and vest on the same schedule as the underlying units.
  • No 10b5-1, cashless exercise, gift, or tax-withholding sale was reported in this filing.

Insider Transaction Report

Form 4
Period: 2026-03-12
SUSMAN SALLY
Director
Transactions
  • Award

    Deferred Restricted Stock Units

    [F1][F2][F3][F4]
    2026-03-12+84,962 total
    Class A Common Stock (8 underlying)
  • Award

    Deferred Restricted Stock Units

    [F1][F2][F5][F4]
    2026-03-12+42,805 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.
Signature
/s/ Ryan Robinson, Attorney-in-Fact|2026-03-16

Documents

1 file
  • 4
    form4.xmlPrimary

    FORM 4