4Accepted Sep 3, 4:19 PM ET
UL Solutions (ULS) CEO Jennifer Scanlon Sells 12,500 Shares
Accepted (ET)
4:19 PM
Sep 3, 2026
Filed
Sep 3, 2026
Documents
1
Size
8.2 KB
Summary
UL Solutions (ULS) CEO Jennifer Scanlon Sells 12,500 Shares
What Happened
Jennifer F. Scanlon, President and CEO (and Director) of UL Solutions Inc. (ULS), sold a total of 12,500 shares in open-market transactions on September 1, 2026. The sales were: 10,495 shares at a weighted-average price of $73.52 for $771,575, and 2,005 shares at a weighted-average price of $74.43 for $149,225 — total proceeds roughly $920,800. These were sales (not purchases) and were executed under a pre-established Rule 10b5-1 trading plan.
Key Details
- Transaction date: September 1, 2026 (filed on Sept. 3, 2026). Filing appears timely under Form 4 rules.
- Sale breakdown:
- 10,495 shares at $73.52 (total $771,575). Executed in multiple trades at prices from $73.21 to $74.20 (weighted avg reported) — see footnote F2.
- 2,005 shares at $74.43 (total $149,225). Executed in multiple trades at prices from $74.21 to $74.72 (weighted avg reported) — see footnote F3.
- Plan: Both sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Ms. Scanlon on December 9, 2025 (footnote F1).
- Related-party note: Footnote F4 indicates a family trust relationship (spouse trustee, children beneficiaries) for certain holdings.
- Shares owned after transaction: Not specified in the provided filing excerpt.
Context
Sales under a 10b5-1 plan are pre-arranged and are commonly used by insiders to sell shares on a scheduled basis; they are generally considered routine and do not, by themselves, indicate insider sentiment about the company. For retail investors, purchases by insiders tend to be more informative about confidence; scheduled sales are often for diversification or liquidity needs.