Ward Pat 4
4 · Solstice Advanced Materials Inc. · Filed Mar 12, 2026
Research Summary
AI-generated summary of this filing
Solstice (SOLS) Director Pat Ward Receives 2-Share Award
What Happened
Pat Ward, a director of Solstice Advanced Materials, was granted 2 derivative awards on 2026-03-10. The filing shows an acquisition of 2 shares at $0.00 (reported as a derivative award/RSU), so no cash changed hands—this is an award/grant, not a market purchase.
Key Details
- Transaction date: 2026-03-10; Form 4 filed 2026-03-12 (timely filing).
- Reported transaction: Grant/award (derivative) — 2 shares at $0.00.
- Shares owned after the transaction: not specified in the provided filing summary.
- Relevant footnotes:
- F5: Each RSU represents a contingent right to receive one share.
- F6: Dividend equivalent rights accrue as RSUs that vest with the underlying RSUs.
- F7: The RSUs vest on the date of the next annual meeting of shareowners.
- F1–F4: Other holdings noted in the filing are related to shares received in a prior spin-off and securities held in irrevocable trusts (the reporting person serves as trustee and disclaims beneficial ownership except for pecuniary interest).
Context
This was a small director grant of RSUs (2 units) rather than an open-market buy or sale. Grants of RSUs are commonly part of compensation or administrative allocations and do not necessarily signal buying/selling intent. Because these are derivative RSUs that vest later, they represent a contingent right to future shares rather than immediately tradable stock.
Insider Transaction Report
- Award
Restricted Stock Units
[F5][F6][F7]2026-03-10+2→ 1,786 total→ Common Stock (2 underlying)
- 6(indirect: By Trust)
Common Stock
[F1][F2] - 9(indirect: By Trust)
Common Stock
[F1][F3] - 9(indirect: By Trust)
Common Stock
[F1][F4]
Footnotes (7)
- [F1]Consists of shares received in connection with the spin-off of Solstice Advanced Materials Inc. (the "Issuer") from Honeywell International Inc.
- [F2]These securities are held by the Diane Ward Irrevocable Trust, of which Mr. Ward serves as a trustee. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
- [F3]These securities are held by the Caitlin Ward Irrevocable Trust, of which Mr. Ward serves as a trustee. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
- [F4]These securities are held by the Daniel Ward Irrevocable Trust, of which Mr. Ward serves as a trustee. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
- [F5]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
- [F6]Represents dividend equivalent rights in connection with the Issuer's dividend that accrue to the reporting person in RSUs that vest at the same time as the underlying RSUs.
- [F7]The RSUs will vest on the date of the next annual meeting of shareowners of the Issuer.