Uggetti Alberto 4

What Happened
Alberto Uggetti, EVP & Chief Commercial Officer of UL Solutions (ULS), had several equity transactions on April 1, 2026. He received awards and converted/ exercised derivatives that resulted in gross issuance of 5,839 shares and disposals (mostly tax withholdings and net settlement) of 1,783 shares, for a net increase of 4,056 shares. One award line shows 2,608 shares issued at $83.80 per share (total value reported as $218,550). Two tax-withholding dispositions (223 and 616 shares) covered tax liabilities and totaled about $70,308 in value ($18,687 + $51,621).

Key Details

• Transaction date: April 1, 2026; Form filed April 3, 2026 (not reported late).
• Principal items: exercise/conversion of derivatives (944 shares), award/issuance of 2,608 shares at $83.80 (value $218,550), award of 2,287 RSUs (reported $0), and tax-withholding disposals of 223 and 616 shares (total ~839 shares withheld, ~$70.3k).
• Net shares acquired: +4,056. Shares owned after the transactions: not disclosed in the filing.
• Footnotes: F1 = each restricted stock unit (RSU) converts to one Class A share on settlement; F2 = 2,608 Class A shares issued upon settlement of performance cash awards under the Pre‑IPO LTIP (awarded for achieved performance metrics, not time or stock price); F3 & F5 = RSUs vest in three equal annual installments from April 1, 2025 or April 1, 2026; F4 = RSUs include accrued dividend equivalents.
• Transaction codes: M = exercise/conversion of derivative; A = grant/award; F = shares withheld to satisfy exercise price or tax liability.

Context
This was primarily an award/settlement event with shares withheld to cover taxes (a routine administrative step). The filing shows both performance‑based issuance (2,608 shares valued at ~$218.6k) and RSU-related entries with vesting schedules; some derivative entries shown at $0 reflect non-cash unit conversions or net settlement. These types of filings document compensation and are not, by themselves, directional endorsements of the stock.