Hancock Lynn H 4

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

AI-generated summary of this filing

Updated Apr 3, 2026

UL Solutions EVP Lynn Hancock Receives Stock Awards, Withholds Shares for Taxes

What Happened

Lynn H. Hancock, Executive Vice President & Chief Transformation Officer of UL Solutions (ULS), received equity in multiple transactions on April 1, 2026. The filing shows a grant/settlement of 5,168 shares valued at $84.57 each (total ~$437,058) and additional equity/RSU-related conversions totaling 1,577 shares (reported at $0). To satisfy tax obligations, 2,633 shares were surrendered as withholding (343 shares valued at $29,008 and 2,290 shares valued at $193,665; total ~$222,673). The transactions include conversions/exercises of derivative awards (code M) and awards/grants (code A), with tax withholding recorded under code F.

Key Details

Transaction date: April 1, 2026; Form 4 filed April 3, 2026.
Notable amounts: 5,168 shares granted @ $84.57 = $437,058; 2,633 shares withheld for taxes = ~$222,673.
Transaction codes: A = grant/award; M = exercise/conversion of derivative; F = shares surrendered for tax withholding.
Footnotes: RSUs represent contingent rights to one share (F1); some shares issued upon settlement of performance cash awards (F2); vesting schedules referenced include three equal installments on anniversaries of April 1, 2025 and April 1, 2026 for different awards (F3, F5). Dividend equivalents on RSUs are included (F4).
Shares owned after the transaction: not specified in the provided excerpt of the filing.
Filing timing: Report filed two days after the transactions (no late-filing flag noted in the excerpt).

Context

These entries reflect award settlements/RSU conversions and associated tax withholding — common insider activity when restricted awards vest or performance awards settle. The tax-withholding disposals are routine and do not necessarily indicate a voluntary sale for investment reasons. The filing includes both performance-based settlements and RSU vesting terms; see footnotes for vesting schedules and award type.

Form 4

Period: 2026-04-01

See Remarks

Transactions

Exercise/Conversion
Class A Common Stock
[F1]
2026-04-01+773→ 18,059 total
Tax Payment
Class A Common Stock
2026-04-01$84.57/sh−343$29,008→ 17,716 total
Award
Class A Common Stock
[F2]
2026-04-01$84.57/sh+5,168$437,058→ 22,884 total
Tax Payment
Class A Common Stock
2026-04-01$84.57/sh−2,290$193,665→ 20,594 total
Exercise/Conversion
Restricted Stock Units
[F1][F3][F4]
2026-04-01−773→ 1,546 total
→ Class A Common Stock (773 underlying)
Award
Restricted Stock Units
[F1][F5]
2026-04-01+1,577→ 1,577 total
→ Class A Common Stock (1,577 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