UL Solutions (ULS) Director Hecker Friedrich Receives RSU Award

What Happened
Hecker Friedrich, a director of UL Solutions Inc. (ULS), was granted 4 restricted stock units (RSUs) on September 10, 2026. The award is recorded as a derivative acquisition with a $0 purchase price (total reported value $0) — i.e., contingent rights to receive shares, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-09-10; Form 4 filed 2026-09-14 (filed timely).
• Transaction type/code: A (award/grant) — 4 RSUs acquired at $0.00.
• Shares owned after transaction: not specified in the filing.
• Footnotes (summary):
  • F1: Each RSU represents a contingent right to one share of Class A common stock.
  • F2: Dividend equivalent rights accrue on these RSUs.
  • F3: Dividend equivalents vest proportionately with the RSUs; RSUs vest on the earlier of May 20, 2027 or the date of the annual meeting following the May 20, 2026 grant.
  • F4: The reported holdings include the RSUs plus any accrued dividend equivalents to date.
• Filing timeliness: Reported within typical Form 4 timing (filed 4 days after the grant; appears timely).

Context
This was an equity award (compensation) rather than a market purchase or sale. RSU grants to directors are common as part of compensation packages; they do not immediately change voting stock until converted to shares upon vesting. The grant includes dividend-equivalent rights that vest with the RSUs.