Solstice Advanced Materials Inc.·4

Mar 12, 4:51 PM ET

Ward Pat 4

Research Summary

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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.