THAMAN MICHAEL H 4
4 · UL Solutions Inc. · Filed May 22, 2026
Research Summary
AI-generated summary of this filing
UL Solutions (ULS) Director Michael Thaman Receives RSU Vesting & DRSU Grant
What Happened
Michael H. Thaman, a director of UL Solutions (ULS), reported RSU activity on May 20, 2026. According to the Form 4, 2,805 restricted stock units (RSUs) vested and were converted/exercised (reported as a derivative transaction). The filing also shows a reported disposition of 2,805 derivative shares at $0 (reported as a derivative disposal). Separately, Thaman was granted 2,206 deferred restricted stock units (DRSUs) on the same date; all reported acquisitions/dispositions are shown with $0 value in the filing.
Key Details
- Transaction date: May 20, 2026; Form filed May 22, 2026 (two days later).
- Reported entries:
- Exercise/conversion (M): 2,805 shares acquired (reported N/A for price/value).
- Exercise/conversion (M) / Disposal: 2,805 shares disposed at $0 (reported as derivative).
- Grant/Award (A): 2,206 DRSUs acquired at $0 (derivative).
- Shares owned after the transactions: not stated in the filing provided.
- Footnotes summary:
- F1/F2: RSUs represent rights to one share each; these RSUs vested on May 20, 2026.
- F3/F4: DRSUs likewise represent rights to one share each; they vest at the earlier of one year after grant or the next annual meeting and will be settled in shares per the Issuer’s Non-Employee Director Deferred Compensation Plan.
- Filing timeliness: filed May 22, 2026 (appears timely relative to the reported May 20, 2026 transaction).
Context
- Derivative explanation: The filing treats the vested RSUs as converted/exercised (derivative conversion). The reported $0 disposal of the same 2,805 derivative shares may reflect settlement mechanics (for example, share withholding to satisfy tax obligations), though the filing itself does not state the reason.
- These entries are awards/vesting and deferred awards — not open-market purchases or sales that typically signal trading sentiment.
Insider Transaction Report
Form 4
THAMAN MICHAEL H
Director
Transactions
- Exercise/Conversion
Class A Common Stock
[F1]2026-05-20+2,805→ 16,660 total - Exercise/Conversion
Restricted Stock Units
[F1][F2]2026-05-20−2,805→ 0 total→ Class A Common Stock (2,805 underlying) - Award
Deferred Restricted Stock Units
[F3][F4]2026-05-20+2,206→ 2,206 total→ Class A Common Stock (2,206 underlying)
Footnotes (4)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- [F2]The RSUs vested on May 20, 2026.
- [F3]Each deferred restricted stock unit ("DRSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- [F4]The DRSUs will vest on the earlier of the one-year anniversary of the grant date or the date of the annual meeting following the grant date and will be settled in shares of the Issuer's Class A Common Stock either (i) on a date selected by the reporting person pursuant to the Issuer's Non-Employee Director Deferred Compensation Plan (the "Plan"), or (ii) as otherwise provided by the Plan.
Signature
/s/ Ryan Robinson, Attorney-in-Fact|2026-05-22