WILLIAMS GEORGE A 4

What Happened

• George A. Williams, a director of UL Solutions Inc. (ULS), was granted a total of 12 deferred restricted stock units (DRSUs) via two award entries on 2026-03-12: 8 DRSUs and 4 DRSUs. Each award is recorded at $0.00 (no cash paid) and is reported as a derivative award expected to convert to Class A common stock under the company's director compensation plan.

Key Details

• Transaction date: 2026-03-12; Form 4 filed: 2026-03-16 (filed on the reporting due date).
• Grants: 8 DRSUs @ $0.00 (A); 4 DRSUs @ $0.00 (A). Total granted = 12 DRSUs; no purchase price or cash outlay.
• Nature of award: DRSUs are contingent rights to receive one share of Class A common stock per unit (see footnote F1).
• Dividend equivalents: Dividend-equivalent rights have accrued on the DRSUs and vest proportionately with the underlying units (F2, F3, F5).
• Vesting/settlement: Some DRSUs referenced vested May 1, 2025 and are expected to be settled in shares at a date chosen under the Non-Employee Director Deferred Compensation Plan (F3). Other DRSUs will vest on the earlier of May 20, 2026 or the date of the annual meeting following the grant and are expected to be settled in shares per the Plan (F5).
• Shares owned after transaction: Not specified in the provided filing details.

Context

• These were compensation awards to a non-employee director (routine director equity compensation), not an open-market purchase or sale. Grants and deferred units are common for directors and represent future share entitlement rather than an immediate cash investment or divestiture.
• Because these are derivative awards that convert to shares later, they do not reflect an immediate buy/sell signal; settlement timing will determine when the underlying shares enter the director's ownership.