UL Solutions (ULS) Director Michael Thaman Receives Equity Award

What Happened
Michael H. Thaman, a director of UL Solutions Inc. (ULS), received a grant of 4 deferred restricted stock units (DRSUs) on September 10, 2026. The award was recorded as 4 derivative units acquired at $0.00 (no cash outlay). Each DRSU represents a contingent right to one share of the company's Class A common stock and carries dividend equivalent rights that accrue and vest with the units.

Key Details

• Transaction date: 2026-09-10; Filing date (Form 4): 2026-09-14 (filed within the normal two business-day window).
• Transaction type/code: A — Award/Grant (derivative security: DRSUs).
• Quantity: 4 DRSUs granted at $0.00.
• Vesting/settlement: DRSUs vest on the earlier of May 20, 2027 or the date of the annual meeting following the May 20, 2026 grant; settlement will be in shares per the Non-Employee Director Deferred Compensation Plan. (Footnotes F1–F4)
• Dividend equivalents: Accrued on the DRSUs and vest proportionately with them (see F2–F3).
• Shares owned after transaction: The filing notes inclusion of DRSUs and related dividend equivalents (F4), but the excerpt does not state a total post-transaction share count.

Context
This is a routine director compensation award (not a market purchase or sale). DRSUs are a form of deferred equity — the recipient gains the right to receive actual shares upon vesting/settlement, so this grant does not represent an immediate buy or sell signal. The filing appears timely under Form 4 rules.