Dadakis Alex 4

What Happened
Alex Dadakis, Executive Vice President and President, Testing, Inspection and Certification at UL Solutions (ULS), received equity awards and completed conversions of derivative awards on April 1, 2026. The filing shows a grant/acquisition of 5,912 restricted stock units (RSUs) and conversion/exercise entries totaling 1,739 shares. To satisfy tax withholding, 771 shares were surrendered/withheld at $84.57 per share for a cash value of $65,203. These transactions reflect compensation-related awards/settlements — not an open-market purchase or sale for investment.

Key Details

• Transaction date: 2026-04-01; Form 4 filed: 2026-04-03 (appears timely).
• Acquisitions: Grant/award (A) of 5,912 RSUs (reported at $0.00 per share).
• Conversion/exercise: two derivative conversion/exercise (M) line items for 1,739 shares (one reported as acquired, one as disposed at $0.00).
• Tax withholding (F): 771 shares withheld/disposed at $84.57 per share = $65,203.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes: RSUs represent rights to one share each and include accrued dividend equivalents; vesting occurs in equal installments over three anniversaries (footnotes reference vesting schedules tied to April 1, 2025 and April 1, 2026).

Context

• These entries appear to reflect RSU vesting/conversion and a standard net settlement/tax-withholding (shares withheld to cover tax liability), not a market sale by the insider.
• For retail investors: awards and withholding are compensation events and do not necessarily signal insider buying or selling for investment reasons.
• The filing does not indicate a 10% owner transaction or a 10b5-1 plan.