Chapin Linda S 4
Research Summary
AI-generated summary
UL Solutions (ULS) EVP Linda Chapin Receives RSU Awards
What Happened
Linda S. Chapin, Executive Vice President & Chief Human Resources Officer of UL Solutions Inc. (ULS), was granted three restricted stock unit (RSU) awards on June 8, 2026: 2 RSUs, 3 RSUs, and 2 RSUs, for a total of 7 RSUs. Each award was granted at $0.00 (no immediate cash paid); RSUs are derivative awards that represent a contingent right to receive one share of Class A common stock upon vesting.
Key Details
- Transaction date: June 8, 2026; filing date: June 10, 2026 (filed timely).
- Grants: 2 RSUs @ $0.00; 3 RSUs @ $0.00; 2 RSUs @ $0.00 — total 7 RSUs; reported as Award/Grant (code A).
- Reported value at grant: $0 (RSUs are not outright share purchases).
- Shares owned after transaction: Not specified in this Form 4.
- Notable footnotes:
- F1: Each RSU converts to one share on vesting.
- F2–F6: Dividend equivalent rights accrue on the RSUs and vest proportionately with the underlying RSUs; applicable RSUs vest in three equal annual installments per the specified grant schedules (some grants vest starting May 1, 2024, others April 1, 2025 or April 1, 2026).
- No 10b5-1 plan, sale, tax-withholding sale, or late filing indicated.
Context
RSU grants are compensation awards that convert to shares only after vesting; they are not immediate cash purchases or sales and therefore do not by themselves indicate a buy/sell decision in the market. This filing reports small, routine equity compensation (7 RSUs total) rather than a market trade.