SUSMAN SALLY 4
Research Summary
AI-generated summary
UL Solutions Director Sally Susman Receives 14 RSUs (Award)
What Happened
- Sally Susman, a director of UL Solutions Inc. (ULS), was reported to have received three awards on June 8, 2026 totaling 14 derivative units (7 + 4 + 3). Each line is reported as a grant/award (transaction code A) with an acquisition price of $0.00. These are restricted stock units (RSUs) and/or deferred restricted stock units (DRSUs) that represent contingent rights to receive one share of ULS Class A common stock per unit.
Key Details
- Transaction date: June 8, 2026; Form 4 filed June 10, 2026 (filed within the standard two-business-day reporting window).
- Reported amounts: 7 RSU/DRSU; 4 RSU/DRSU; 3 RSU/DRSU — total 14 units; acquisition price $0.00 (award).
- Transaction code: A (Grant/Award/Other Acquisition).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Notable footnotes:
- F1/F4/F8: Each RSU/DRSU represents a contingent right to one share and includes accrued dividend-equivalent rights.
- F2/F6: Some entries represent accrual of dividend-equivalent rights on DRSUs/RSUs.
- F3/F5: Certain DRSUs vested earlier (May 1, 2025 and May 20, 2026) and will be settled in shares on a date selected by the reporting person under the issuer’s Non-Employee Director Deferred Compensation Plan.
- F7: Some RSUs vest on the earlier of May 20, 2027 or the first annual meeting following the May 20, 2026 grant date.
- Filing timeliness: Filing appears timely (filed within the two-business-day Form 4 requirement).
Context
- These are awards of restricted/deferred units (derivative securities), not open-market purchases or sales. RSU/DRSU grants are routine director compensation or deferred compensation elections and do not by themselves indicate buying or selling pressure. Vesting/settlement terms mean the director may receive shares later (or elect settlement timing under the Plan), per the footnotes.