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Solstice Advanced Materials Inc.·4

May 27, 4:39 PM ET

Lee Rose 4

Research Summary

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Solstice (SOLS) Director Lee Rose Exercises Derivatives, Receives RSUs

What Happened Lee Rose, a director of Solstice Advanced Materials Inc. (SOLS), had multiple derivative-related transactions on May 22, 2026. The filing shows: an exercise/conversion of 1,785 derivative shares (acquired), a disposition of 1,786 derivative shares at $0 (disposed), and the grant/award or settlement of 1,889 restricted stock units (RSUs) valued at $0 (acquired). Footnotes indicate fractional shares were settled in cash and the RSUs represent a contingent right to one common share and vested on May 22, 2026.

Key Details

  • Transaction date: May 22, 2026; Form 4 filed May 27, 2026 (filing covers the May 22 activity).
  • Reported items:
    • Exercise/conversion (M): 1,785 shares acquired (price N/A).
    • Disposition (M): 1,786 shares disposed at $0 (reported as derivative disposition).
    • Grant/Award (A): 1,889 RSUs acquired at $0 (RSUs vested per filing).
  • Footnotes:
    • F1: Fractional shares settled in cash.
    • F2: Each RSU equals a contingent right to one common share.
    • F3: The RSUs vested on May 22, 2026.
    • F4: Typical RSU vesting schedule (earliest of one-year anniversary or next annual meeting).
  • Shares owned after the transactions are not specified in the provided filing summary.

Context

  • The mix of an exercise/conversion, a zero-dollar disposition of derivative shares, and the RSU vesting suggests a derivative settlement/vesting event. The reported $0 disposition typically reflects shares surrendered in connection with a cashless/net settlement or similar administrative settlement rather than an open‑market sale for cash. The RSUs vested the same day and represent a contingent right to receive common stock. The filing was submitted May 27 for May 22 transactions; readers may note the filing date relative to the transaction date but the report does not include a late‑filing flag in the provided data.

(For retail investors: this is a routine insider derivative/award settlement and vesting disclosure — factual reporting of conversion, surrender/settlement, and RSU vesting rather than an open-market purchase or sale signaling a trading opinion.)