THAMAN MICHAEL H 4
Research Summary
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UL Solutions (ULS) Director Michael H. Thaman Receives Award
What Happened
- Michael H. Thaman, a director of UL Solutions Inc. (ULS), was awarded 4 restricted stock units (RSUs) on March 12, 2026. The Form 4 reports the award as an acquisition (derivative) at a $0.00 per-unit price (total reported value $0.00), which reflects a grant rather than a cash purchase.
Key Details
- Transaction date: 2026-03-12; Form 4 filed 2026-03-16.
- Award: 4 restricted stock units (RSUs) reported as acquired at $0.00.
- Vesting: RSUs vest on the earlier of May 20, 2026 or the date of the annual meeting following the grant date (see footnote F3).
- Dividend equivalents: Dividend equivalent rights accrue on these RSUs and vest proportionately with them (footnotes F2–F4).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing timeliness: Form filed Mar 16; no late-filing notation included in the excerpt.
Context
- This was an equity award (grant), not an open-market purchase or sale. RSUs are contingent rights to receive shares in the future; their ultimate value depends on UL Solutions’ stock price at vesting. Such grants are common as director compensation and do not, by themselves, indicate buying or selling sentiment.