Uggetti Alberto 4
Research Summary
AI-generated summary
UL Solutions (ULS) EVP Alberto Uggetti Receives 9 RSUs
What Happened
Alberto Uggetti, EVP & Chief Commercial Officer of UL Solutions (ULS), received four awards totaling 9 restricted stock units (RSUs) on June 8, 2026 (line items: 1, 3, 2, and 3 RSUs). Each RSU is a contingent right to one share of Class A common stock (grant price $0.00), so the immediate cash value recorded is $0. These awards are reported as derivative awards (transaction code A).
Key Details
- Transaction date(s): June 8, 2026; Form 4 filed June 10, 2026 (filed two days after the transaction; appears timely under Form 4 rules).
- Transaction type/code: Award/Grant (A); price per RSU: $0.00.
- Total RSUs granted: 9 (1 + 3 + 2 + 3). Reported dollar value: $0 (derivative award).
- Shares owned after transaction: not specified in the filing.
- Relevant footnotes:
- F1: Each RSU converts to one share upon settlement.
- F2–F7: Dividend-equivalent rights accrue on the RSUs and vest proportionately with the RSUs; vesting occurs in three equal annual installments according to the applicable grant schedule (examples in footnotes show vesting anniversaries on May 1, 2024; Jan 1, 2025; Apr 1, 2025; and Apr 1, 2026 for various grants).
- No 10b5-1, tax-withholding sale, or sale/transfer reported in this filing.
Context
RSU awards are common executive compensation and do not represent an immediate open-market purchase or sale. These are contingent rights that convert to shares only as they vest; dividend-equivalent rights described in the footnotes vest with the underlying RSUs. Such grants are informational about compensation but do not by themselves indicate a near-term buy or sell by the insider.