Hooper Charles W 4
4 · UL Solutions Inc. · Filed Jun 10, 2026
Research Summary
AI-generated summary of this filing
UL Solutions (ULS) Director Charles W. Hooper Receives 14 DRSUs
What Happened
Charles W. Hooper, a director of UL Solutions Inc. (ULS), received three awards of deferred restricted stock units (DRSUs) on June 8, 2026: 7 DRSUs, 4 DRSUs and 3 DRSUs (14 DRSUs total). Each unit was granted at $0.00 and is a derivative award representing a contingent right to receive one share of the company’s Class A common stock in the future.
Key Details
- Transaction date: June 8, 2026; Filing date: June 10, 2026 (filed timely).
- Grants: 7 DRSUs, 4 DRSUs, 3 DRSUs; grant price $0.00 (derivative awards).
- Total units granted: 14 DRSUs. Reported value on Form 4 is $0 because these are deferred/contingent awards.
- Shares owned after transaction: not specified in the provided filing summary.
- Notable footnotes from the filing:
- F1: Each DRSU represents a contingent right to receive one share of Class A common stock.
- F2: Dividend equivalent rights have accrued on DRSUs.
- F3/F5: Some DRSUs (and their dividend equivalents) vested previously (May 1, 2025 and May 20, 2026) and will be settled in shares either on a date selected by the director under the Plan or as otherwise provided by the Plan.
- F6: Other DRSUs vest on the earlier of May 20, 2027 or the annual meeting following the May 20, 2026 grant and will be settled in shares per the Plan.
Context
DRSUs are deferred, contingent awards (not an open-market purchase). They represent a future right to receive shares once vesting and settlement conditions are met; dividend equivalents typically accrue and vest with the units. Because these are awards rather than purchases/sales, they are primarily compensation-related and do not necessarily signal an immediate change in insider sentiment.
Insider Transaction Report
- Award
Deferred Restricted Stock Units
[F1][F2][F3][F4]2026-06-08+7→ 4,969 total→ Class A Common Stock (7 underlying) - Award
Deferred Restricted Stock Units
[F1][F2][F5][F4]2026-06-08+4→ 2,809 total→ Class A Common Stock (4 underlying) - Award
Deferred Restricted Stock Units
[F1][F2][F6][F4]2026-06-08+3→ 2,209 total→ Class A Common Stock (3 underlying)
Footnotes (6)
- [F1]Each deferred restricted stock unit ("DRSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- [F2]Represents accrual of dividend equivalent rights on DRSUs held by the Reporting Person.
- [F3]The dividend equivalent rights accrued on DRSUs held by the Reporting Person and vest proportionately with the DRSUs to which they relate. The DRSUs vested on May 1, 2025, and will be settled in shares of the Issuer's Class A Common Stock either (i) on a date selected by the Reporting Person pursuant to the Issuer's Non-Employee Director Deferred Compensation Plan (the "Plan"), or (ii) as otherwise provided by the Plan.
- [F4]Includes DRSUs and all dividend equivalent rights that have accrued on such DRSUs to date.
- [F5]The dividend equivalent rights accrued on DRSUs held by the Reporting Person and vest proportionately with the DRSUs to which they relate. The DRSUs vested on May 20, 2026, and will be settled in shares of the Issuer's Class A Common Stock either (i) on a date selected by the Reporting Person pursuant to the Issuer's Plan, or (ii) as otherwise provided by the Plan.
- [F6]The dividend equivalent rights accrued on DRSUs held by the Reporting Person and vest proportionately with the DRSUs to which they relate. The DRSUs vest on the earlier of May 20, 2027, or the date of the annual meeting following the May 20, 2026, grant date and will be settled in shares of the Issuer's Class A Common Stock either (i) on a date selected by the Reporting Person pursuant to the Issuer's Plan, or (ii) as otherwise provided by the Plan.