UL Solutions (ULS) Director Sally Susman Receives Award

What Happened

• Sally Susman, a director of UL Solutions Inc. (ULS), received three equity awards on 2026-09-10: 10, 5 and 4 units (total 19). Each was reported as an award/derivative (SEC code A) at $0.00 per unit. Under the award terms, each restricted stock unit (RSU) or deferred RSU (DRSU) represents a contingent right to receive one share of the company's Class A common stock when settled.

Key Details

• Transaction date: September 10, 2026; Form 4 filed September 14, 2026.
• Transaction type/code: Award/Grant (A); price reported $0.00; total units granted = 19.
• Post-transaction holdings: Not specified in the filing.
• Important footnote points:
  • F1/F4/F8: RSUs and DRSUs each equate to a contingent right to one share; totals include dividend equivalent rights accrued to date.
  • F2/F6: Some awards include accrued dividend equivalent rights.
  • F3/F5: Certain DRSUs vested earlier (May 1, 2025 and May 20, 2026) and will be settled in shares on a date elected under the company’s Non‑Employee Director Deferred Compensation Plan or as otherwise provided by the Plan.
  • F7: Some RSUs vest on the earlier of May 20, 2027 or the annual meeting following the May 20, 2026 grant.
• Filing timeliness: Form 4 was filed on 2026-09-14 reporting the 2026-09-10 transactions (filing date shown in the report).

Context

• These were equity awards (derivative grants), not open-market purchases or sales. RSUs/DRSUs are contingent rights that convert to actual shares only on vesting/settlement; dividend equivalents accrue and vest with the units. Such awards are routine non-employee director compensation and are informational about pay, not necessarily a direct bullish/bearish trading signal.