Hancock Lynn H 4
4 · UL Solutions Inc. · Filed Jun 10, 2026
Research Summary
AI-generated summary of this filing
UL Solutions (ULS) Exec VP Lynn H. Hancock Receives 8 RSUs
What Happened
Lynn H. Hancock, Executive Vice President & Chief Transformation Officer of UL Solutions (ULS), received four awards on June 8, 2026 totaling 8 restricted stock units (RSUs) and related dividend-equivalent rights. Each award was reported as an acquisition at $0.00 (transaction code A — award/grant). These are derivative awards: each RSU represents a contingent right to receive one share of the company’s Class A common stock if and when the RSUs vest.
Key Details
- Transaction date: June 8, 2026; reported on Form 4 filed June 10, 2026 (within the typical 2-business-day reporting window).
- Reported entries: 1 RSU, 3 RSUs, 2 RSUs, and 2 RSUs — total 8 RSUs; acquisition price $0.00.
- Transaction code: A (award/grant); these are derivative RSU awards, not open-market purchases or sales.
- Shares owned after transaction: not specified in the provided filing.
- Notable footnotes:
- F1: Each RSU equals a contingent right to one Class A share.
- F2/F3/F5/F6/F7: Dividend-equivalent rights accrue on RSUs and vest proportionately with their related RSUs; vesting schedules cited include anniversaries of May 1, 2024; Jan 1, 2025; Apr 1, 2025; and Apr 1, 2026.
- F4: Ownership figures in the filing (if shown) include RSUs plus accrued dividend equivalents.
Context
RSU awards are compensation grants that convert to shares only as they vest; they are not immediate cash purchases or sales and therefore do not by themselves signal a buy/sell decision. Dividend-equivalent rights noted here simply track dividends on the underlying awarded RSUs and vest on the same schedule.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2][F3][F4]2026-06-08+1→ 1,305 total→ Class A Common Stock (1 underlying) - Award
Restricted Stock Units
[F1][F2][F5][F4]2026-06-08+3→ 2,029 total→ Class A Common Stock (3 underlying) - Award
Restricted Stock Units
[F1][F2][F6][F4]2026-06-08+2→ 1,548 total→ Class A Common Stock (2 underlying) - Award
Restricted Stock Units
[F1][F2][F7][F4]2026-06-08+2→ 1,579 total→ Class A Common Stock (2 underlying)
Footnotes (7)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- [F2]Represents accrual of dividend equivalent rights on RSUs held by the Reporting Person.
- [F3]The dividend equivalent rights accrued on RSUs held by the Reporting Person and vest proportionately with the RSUs to which they relate. The RSUs vest in three equal installments on the first, second and third anniversaries of May 1, 2024.
- [F4]Includes RSUs and all dividend equivalent rights that have accrued on such RSUs to date.
- [F5]The dividend equivalent rights accrued on RSUs held by the Reporting Person and vest proportionately with the RSUs to which they relate. The RSUs vest in three equal installments on the first, second and third anniversaries of January 1, 2025.
- [F6]The dividend equivalent rights accrued on RSUs held by the Reporting Person and vest proportionately with the RSUs to which they relate. The RSUs vest in three equal installments on the first, second and third anniversaries of April 1, 2025.
- [F7]The dividend equivalent rights accrued on RSUs held by the Reporting Person and vest proportionately with the RSUs to which they relate. The RSUs vest in three equal installments on the first, second and third anniversaries of April 1, 2026.