Hooper Charles W 4
Research Summary
AI-generated summary
UL Solutions (ULS) Director Charles Hooper Receives 2,206-Share Award
What Happened
- Charles W. Hooper, a director of UL Solutions Inc. (ULS), received a grant of 2,206 deferred restricted stock units (DRSUs) on 2026-05-20. The Form 4 reports the units at $0.00 per unit (derivative award); the award is a grant of contingent rights to receive shares, not an open-market purchase or sale.
Key Details
- Transaction date and type: 2026-05-20 — Grant/Award (code A) of 2,206 DRSUs at $0.00.
- Report filed: 2026-05-22 (filed within the typical 2-business-day Form 4 window — appears timely).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes: (F1) Each DRSU equals a contingent right to one share of Class A common stock. (F2) The DRSUs vest on the earlier of the one-year anniversary of the grant or the date of the next annual meeting and will be settled in shares per the Issuer’s Non-Employee Director Deferred Compensation Plan.
Context
- DRSUs are a form of equity compensation for non-employee directors and are typically settlement- and time-based; their ultimate value depends on UL Solutions’ share price at settlement. This grant is routine director compensation and does not constitute a market purchase or sale.