4Filed Sep 13, 8:00 PM ET
Solstice (SOLS) Director Peter D. Gibbons Receives RSU Award
$SOLS · Solstice Advanced Materials Inc.Research Summary
AI-generated summary of this SEC filing
Solstice (SOLS) Director Peter D. Gibbons Receives RSU Award
What Happened
Peter D. Gibbons, a director of Solstice Advanced Materials Inc. (SOLS), was granted 2 restricted stock units (RSUs) on 2026-09-10. The Form 4 reports an award/ grant (transaction code A) of 2 RSUs at $0.00 per unit (derivative award), with no immediate cash proceeds. This is a grant of equity compensation rather than an open‑market purchase or sale.
Key Details
- Transaction date: 2026-09-10; Form 4 filed 2026-09-14 (filed within the two-business-day reporting window).
- Instrument and amount: 2 RSUs granted, reported as derivative units at $0.00 per unit.
- Shares owned after transaction: Not specified in the provided data.
- Footnotes of note:
- F1: Each RSU equals a contingent right to one common share; fractional amounts rounded to nearest whole share.
- F2: Dividend equivalents accrue in RSUs and vest with the underlying RSUs.
- F3: Vesting occurs on the earlier of the first anniversary of the grant date or the next annual meeting of shareholders.
- Transaction code: A = Award/Grant (derivative), not a purchase (P) or sale (S).
Context
RSUs are a common form of compensation for directors and become actual shares only when vesting conditions are met. This grant is small (2 RSUs) and carries no immediate cash value; such routine director awards are generally intended for compensation/retention and should not be read as an express market signal.