Hecker Friedrich 4

What Happened

• Hecker Friedrich, a director of UL Solutions (ULS), had restricted stock units (RSUs) vest on May 20, 2026. The filing shows conversions/settlements of derivative awards (listed as 2,805 and 2,206 RSU-related items) and a tax-withholding transaction of 1,266 shares (valued at $129,107) on May 20.
• On May 21, 2026, Hecker sold 4,000 shares in an open-market transaction at $102.04 per share, generating $408,174. Overall this filing documents RSU vesting, shares withheld to cover tax liability, and a subsequent open-market sale.

Key Details

• Transaction dates and prices:
  • May 20, 2026: RSU vesting / conversion of derivative awards (items of 2,805 and 2,206 RSU-related shares shown in the filing).
  • May 20, 2026: 1,266 shares withheld for tax liability at $101.98/share (total $129,107).
  • May 21, 2026: Open-market sale of 4,000 shares at $102.04/share (total $408,174).
• Shares owned after the transactions: Not specified in the filing.
• Footnotes from the filing:
  • Each RSU represents a contingent right to one share of Class A common stock.
  • The RSUs vested on May 20, 2026.
  • The RSUs will vest on the earlier of the one-year anniversary of the grant date or the date of the annual meeting (vesting schedule note).
• Filing timeliness: Report filed May 22, 2026 for transactions occurring May 20–21, 2026 (no late-filing flag indicated).

Context

• These entries reflect RSU vesting (derivative conversion), a tax-withholding surrender of shares to cover payroll/tax obligations, and a separate open-market sale the next day. For retail investors, vesting followed by withholding and short-term sales is a common pattern and does not alone indicate insider sentiment beyond the factual sale activity recorded.