UL Solutions (ULS) EVP Linda Chapin Receives RSU Award

What Happened Linda S. Chapin, EVP & Chief Human Resources Officer of UL Solutions, was granted three RSU awards on September 10, 2026 — 2 RSUs, 4 RSUs and 3 RSUs, for a total of 9 restricted stock units. Each unit is reported at $0.00 (no cash exchanged). These RSUs are derivative awards that represent a contingent right to receive one share of the issuer’s Class A common stock upon vesting.

Key Details

• Transaction date and type: 2026-09-10, Grant/Award (code A); amounts: 2, 4 and 3 RSUs (total 9 RSUs); reported price $0.00 per unit.
• Shares owned after transaction: Not specified in the provided filing.
• Vesting/dividend notes: Footnotes indicate each RSU converts to one share (F1) and includes dividend equivalent rights that vest proportionately with the RSUs (F2–F6). Vesting for the referenced grants occurs in three equal annual installments tied to anniversaries of May 1, 2024 (F3), April 1, 2025 (F5), and April 1, 2026 (F6). F4 notes inclusion of RSUs and accrued dividend equivalents to date.
• Filing timeliness: Form 4 filed 2026-09-14 for the 2026-09-10 transaction; this filing timing is consistent with the SEC two-business-day requirement (filed timely).

Context

• These were awards (not purchases or sales). RSUs are contingent — no shares were issued to Chapin immediately and no cash changed hands.
• Dividend equivalents increase future payout potential and vest with the RSUs; they are not current cash distributions.
• Such equity awards are typically compensation/retention-related and should be interpreted as part of pay structure rather than an immediate market sentiment signal.