Sewell David B 4
4 · Solstice Advanced Materials Inc. · Filed Mar 12, 2026
Research Summary
AI-generated summary of this filing
Solstice (SOLS) CEO David Sewell Receives RSU Awards
What Happened
David B. Sewell, President & CEO and Director of Solstice Advanced Materials, was granted three awards totaling 174 restricted stock units (99 + 46 + 29 RSUs) on March 10, 2026. These were awards/derivative grants (code A) with no cash paid (reported price $0.00). RSUs are contingent rights to receive common stock in the future and do not represent immediate share purchases.
Key Details
- Transaction date: 2026-03-10; Filing date: 2026-03-12 (report appears timely).
- Grants: 99 RSUs, 46 RSUs, and 29 RSUs; reported per-share price $0.00 (derivative awards). Total new RSUs = 174.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Notable footnotes from the filing:
- F1: Each RSU = contingent right to one share of Solstice common stock.
- F2: Dividend equivalent rights accrue as additional RSUs that vest with the underlying awards.
- F3–F5: The awards carry time-based vesting schedules (examples given in the filing include vesting in installments in Oct 2028/2029, vesting 33%/33%/34% on Feb 24 of 2027–2029, and multi-year vesting on Mar 17 of 2027–2029). All vesting is subject to continued employment.
- Transaction type: award/grant of RSUs (not an open-market purchase or sale).
Context
RSU grants are a form of compensation and are common for executives; they are different from purchases or sales because no cash changed hands and the stocks are not delivered until vesting conditions are met. Because vesting is time- and employment-contingent, these awards do not indicate an immediate change in Sewell’s shareholdings or an outright bullish/bearish trading signal.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2][F3]2026-03-10+99→ 98,719 total→ Common Stock (99 underlying) - Award
Restricted Stock Units
[F1][F2][F4]2026-03-10+46→ 46,290 total→ Common Stock (46 underlying) - Award
Restricted Stock Units
[F1][F2][F5]2026-03-10+29→ 28,543 total→ Common Stock (29 underlying)
Footnotes (5)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Solstice Advanced Material Inc. (the "Issuer") common stock.
- [F2]Represents dividend equivalent rights in connection with the Issuer's dividend that accrue to the reporting person in RSUs that vest at the same times as the underlying RSUs.
- [F3]The RSUs will vest in equal installments on each of October 30, 2028 and October 30, 2029, subject to continued employment.
- [F4]The RSUs will vest 33% on each of February 24, 2027 and February 24, 2028, and 34% on February 24, 2029, subject to continued employment.
- [F5]The RSUs will vest 9,410 on March 17, 2027, 9,409 on March 17, 2028 and 9,695 on March 17, 2029 (in each case, not including dividend equivalent rights), subject to continued employment.