Chapin Linda S 4

4 · UL Solutions Inc. · Filed Apr 3, 2026

AI-generated summary of this filing

Updated Apr 3, 2026

UL Solutions EVP Linda Chapin Receives Awards, Withholds Shares

What Happened

Linda S. Chapin, EVP & CHRO of UL Solutions (ULS), received a mix of equity awards and settled derivative/RSU awards on April 1, 2026. The filing shows 5,815 shares issued at $84.57 (value ~$491,775) plus 3,282 shares from derivative/RSU settlements (2,365 RSUs and 917 shares from conversion/exercise) for a total of 9,097 shares acquired/issued. To cover tax withholding and related exercise costs, 2,962 shares were surrendered (385 + 2,577) valued at ~$250,496; an additional 917 derivative shares were used in the conversion/settlement process. Net of withholdings, Chapin increased her holding by 5,218 shares.

Key Details

Transaction date: April 1, 2026; Form 4 filed April 3, 2026 (appears timely).
Prices/values: Awarded 5,815 shares at $84.57 = $491,775; tax-withheld shares (385 + 2,577) at $84.57 = $32,559 + $217,937 = $250,496 total.
Codes: A = grant/award; M = exercise/conversion of derivative; F = shares withheld to pay exercise price/taxes.
Shares owned after transaction: Not reported in this filing.
Notable footnotes: Awards include restricted stock units (RSUs) and settled performance awards; some RSUs vest in three equal annual installments (footnotes indicate April 1, 2025 and April 1, 2026 vesting schedules and accrued dividend equivalents).

Context

These transactions are award/settlement-driven (not open-market buys or sales). The surrender of shares to cover taxes/exercise is a common administrative step (a cashless-like settlement) and does not necessarily signal a buy/sell opinion by the insider.
For retail investors: awards increase insider exposure but reflect compensation practices; purchases on the open market typically carry clearer signals of personal bullishness than routine award settlements.

Form 4

Period: 2026-04-01

EVP & CHRO

Transactions

Exercise/Conversion
Class A Common Stock
[F1]
2026-04-01+917→ 19,220 total
Tax Payment
Class A Common Stock
2026-04-01$84.57/sh−385$32,559→ 18,835 total
Award
Class A Common Stock
[F2]
2026-04-01$84.57/sh+5,815$491,775→ 24,650 total
Tax Payment
Class A Common Stock
2026-04-01$84.57/sh−2,577$217,937→ 22,073 total
Exercise/Conversion
Restricted Stock Units
[F1][F3][F4]
2026-04-01−917→ 1,838 total
→ Class A Common Stock (917 underlying)
Award
Restricted Stock Units
[F1][F5]
2026-04-01+2,365→ 2,365 total
→ Class A Common Stock (2,365 underlying)

Footnotes (5)

[F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
[F2]The Class A Common Stock was issued to the Reporting Person upon settlement of performance cash awards granted under the Issuer's Pre-IPO Long Term Incentive Plan as a result of the achievement of certain performance criteria not related to the passage of time or stock price.
[F3]The restricted stock units vest in three equal installments on the first, second and third anniversaries of April 1, 2025.
[F4]Includes restricted stock units and all dividend equivalent rights that have accrued on such restricted stock units to date.
[F5]The restricted stock units vest in three equal installments on the first, second and third anniversaries of April 1, 2026.

Signature

/s/ Ryan Robinson, Attorney-in-Fact|2026-04-03

1 file