D'Angelo Scott 4

What Happened

• D'Angelo Scott, EVP, Chief Legal Officer & Corporate Secretary of UL Solutions (ULS), had restricted stock units (RSUs) vest on May 1, 2026. A total of 4,069 shares were issued upon conversion of those RSUs (two lots: 2,873 and 1,196).
• To satisfy tax withholding, 842 and 351 shares were surrendered (disposed) at $91.60 per share for cash withholding amounts of $77,127 and $32,152, respectively (total withheld = $109,279). After withholding, Scott retained a net 2,876 shares.
• This was a vesting/award event (code M = conversion of derivative/RSU; code F = payment of tax liability via share withholding), not an open‑market buy or sell.

Key Details

• Transaction date: May 1, 2026. Form filed May 5, 2026 (timely; filing due two business days after transaction).
• Gross shares issued on vesting: 4,069 (2,873 + 1,196). Shares withheld for taxes: 1,193 (842 + 351) at $91.60 per share, total $109,279.
• Net shares added to holdings from this event: 2,876.
• Footnotes: F1–F3 indicate each RSU equals one share, vest in three equal annual installments starting May 1, 2025, and include accrued dividend equivalents.
• Shares beneficially owned after the transaction are not shown in the provided excerpt.

Context

• Code M here reflects conversion/settlement of RSUs into common stock (not an exercise of stock options requiring cash). The F entries reflect routine tax withholding by surrendering shares (a cashless withholding method).
• Vesting and tax-withholding transactions are common compensation events and do not by themselves indicate a buy/sell sentiment.