UL Solutions (ULS) EVP Gitte Schjotz Receives RSU Award

What Happened

• Gitte Schjotz, Executive Vice President, Chief Business Operations and Innovation Officer at UL Solutions (ULS), was granted a total of 25 restricted stock units (RSUs) on September 10, 2026. The grants are reported as derivative awards (transaction code A) at a $0.00 acquisition price. The four line items show awards of 5, 6, 6 and 8 RSUs respectively.
• Each RSU is a contingent right to receive one share of ULS Class A common stock when it vests; dividend-equivalent rights have accrued on these RSUs and vest proportionately. Because these are awards (not purchases or sales), there was no cash paid or proceeds received.

Key Details

• Transaction date: 2026-09-10; filing date: 2026-09-14 (appears timely).
• Awards: 5 RSUs, 6 RSUs, 6 RSUs, and 8 RSUs — total 25 RSUs; acquisition price reported $0.00 (grant).
• Shares owned after transaction: not disclosed in the Form 4 provided.
• Notable footnotes: (F1) each RSU = one contingent share; (F2–F7) dividend equivalents accrue on RSUs and vest proportionately; vesting occurs in three equal installments on the anniversaries specified in the filing (varying schedules noted in footnotes, with dates referenced between 2024–2026).
• Transaction type: Award/Grant of derivative securities (Form 4 code A).

Context

• RSUs are compensation awards that convert to actual shares only upon vesting; they are not immediate purchases or sales of stock. Dividend-equivalent rights tied to these RSUs vest with the underlying awards.
• Such grants are routine for executive compensation and do not by themselves indicate buying or selling sentiment in the open market.