Hecker Friedrich 4
Research Summary
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UL Solutions Director Hecker Friedrich Receives RSU Award
What Happened Hecker Friedrich, a director of UL Solutions Inc. (ULS), was granted 3 restricted stock units (RSUs) on 2026-06-08. The award is reported as a derivative acquisition (3 RSUs) with an acquisition price of $0 (no cash paid). This is an award/compensation event rather than an open-market purchase or sale.
Key Details
- Transaction date and type: 2026-06-08 — Award/Grant of 3 RSUs (derivative), acquisition price $0.
- Filing date: Form 4 filed 2026-06-10 — filed within the required two-business-day window (timely).
- Shares owned after transaction: Not specified in the filing.
- Footnotes of note:
- Each RSU represents a contingent right to one share of Class A common stock. (F1)
- Dividend equivalent rights have accrued on these RSUs and vest proportionately with the RSUs. (F2, F3)
- The RSUs vest on the earlier of May 20, 2027 or the date of the annual meeting following the May 20, 2026 grant date. (F3)
- Reported holdings include RSUs plus accrued dividend equivalents to date. (F4)
Context This was a small director compensation award (3 RSUs) and not an outright purchase or sale of shares. RSUs are contingent equity awards that convert to actual shares only if and when they vest under the stated schedule; dividend equivalents vest along with the RSUs. Such awards are routine forms of director compensation and do not, by themselves, indicate buying or selling sentiment.