Schjotz Gitte 4
Research Summary
AI-generated summary
UL Solutions EVP Gitte Schjotz Sells 21,880 Shares
What Happened
Gitte Schjotz, Executive Vice President and Chief Business Operations and Innovation Officer of UL Solutions Inc. (ULS), sold a total of 21,880 shares in two open-market transactions. On 2026-06-02 she sold 12,015 shares at $99.71 each for $1,198,016, and on 2026-06-03 she sold 9,865 shares at $96.98 each for $956,708, for combined proceeds of $2,154,724. These were sales (not purchases or option exercises).
Key Details
- Transactions: Sales (code S) on 2026-06-02 and 2026-06-03.
- 2026-06-02: 12,015 shares @ $99.71 — $1,198,016
- 2026-06-03: 9,865 shares @ $96.98 — $956,708
- Total shares sold: 21,880; total proceeds: $2,154,724.
- Shares owned after the transactions: not specified in the provided filing.
- Footnote: Sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 3, 2026.
- Filing: Reported on Form 4 filed 2026-06-04 (appears timely given transaction dates).
Context
Sales executed under a Rule 10b5-1 plan are pre-scheduled and are generally considered routine rather than a direct signal of the insider’s current view on the company. For retail investors, scheduled sales reduce the informational weight of the transaction compared with unscheduled insider trades.