THAMAN MICHAEL H 4
Research Summary
AI-generated summary
UL Solutions Director Michael Thaman Receives 340-Share Award
What Happened
- Michael H. Thaman, a director of UL Solutions Inc. (ULS), received an award of 340 deferred stock units (DSUs) on 2026-07-06. The units were reported at $0.00 per unit (no cash purchase); total reported value $0. These are derivative awards that represent the right to receive shares of the company’s Class A common stock.
Key Details
- Transaction date: 2026-07-06; Form 4 filed 2026-07-08 (timely filing).
- Transaction type/code: A — Grant/award (derivative).
- Shares/units granted: 340 deferred stock units; reported price $0.00; reported total value $0.
- Shares owned after transaction: Not disclosed on the Form 4.
- Footnotes: (1) Each DSU equals the right to receive one share of Class A common stock. (2) The DSUs are fully vested and will be settled in shares either on a date selected by the reporting person under the Non-Employee Director Deferred Compensation Plan or as otherwise provided by the Plan.
Context
- These DSUs are a form of non-cash director compensation and are commonly used to defer stock-based pay for non-employee directors. Because they are deferred and will convert to shares later, they do not represent an immediate purchase or sale of stock and do not by themselves signal a trading intent.