UL Solutions (ULS) EVP Alberto Uggetti Receives RSU Award

What Happened

• Alberto Uggetti, EVP & Chief Commercial Officer of UL Solutions (ULS), was reported as receiving four derivative awards on 2026-09-10 totaling 13 restricted stock units (RSUs) — 2, 4, 3 and 4 RSUs in four line items. Each award shows an acquisition price of $0 (derivative award), giving a reported total acquisition value of $0 on the Form 4.
• These are awards (not purchases or sales). RSUs are a contingent right to receive one share of Class A common stock upon vesting; they are not immediately tradable shares.

Key Details

• Transaction date: 2026-09-10; Form 4 filed: 2026-09-14 (filed after the usual two-business-day window — appears late).
• Instrument and amount: 13 RSUs (derivative awards) across four grants — amounts 2, 4, 3, and 4 RSUs; acquisition price shown as $0.
• Shares owned after transaction: Not specified in the provided Form 4 excerpt.
• Footnote highlights:
  • F1: Each RSU converts to one share upon vesting.
  • F2/F3/F5/F6/F7: Dividend equivalent rights accrue on the RSUs and vest proportionately with the RSUs.
  • Vesting schedules referenced in the filing indicate these RSUs (and accrued dividend equivalents) vest in three equal installments on the first, second and third anniversaries of the listed grant dates (examples given: May 1, 2024; Jan 1, 2025; Apr 1, 2025; Apr 1, 2026).
  • F4: Reporting may aggregate RSUs and accrued dividend equivalents to date.

Context

• These entries are award/grant transactions (code A) of derivative RSUs. For retail investors, RSU grants signal future potential share issuance upon vesting rather than an immediate buy/sell signal. Dividend equivalent rights increase the economic value of the RSUs but vest on the same schedule. The Form 4 was filed several days after the transaction date, which is later than the typical two-business-day reporting requirement.