UL Solutions Inc.·4

Jun 10, 5:19 PM ET

Hooper Charles W 4

Research Summary

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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.