Solstice Advanced Materials Inc.·4

Mar 12, 4:19 PM ET

Sewell David B 4

Research Summary

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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.