Hancock Lynn H 4

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.