Oplinger William F 4

What Happened

• William F. Oplinger, a director of Solstice Advanced Materials Inc. (SOLS), recorded derivative exercises/conversions and an award on May 22, 2026. The Form 4 shows: 1,785 shares acquired via exercise/conversion (derivative, code M), 1,786 shares disposed (derivative, $0), and 1,889 shares acquired as an award/grant (RSUs, code A, $0). Net effect based on reported line items: a net increase of 1,888 shares (3,674 acquired minus 1,786 disposed). No dollar amounts were reported for the acquisitions (all $0 entries).
• Footnotes indicate the RSUs vested on May 22 (F4), each RSU converts to one share (F2), and fractional shares were settled in cash (F1). A prior Form 4 filed March 12, 2026, inadvertently listed 17 shares as directly held by him and was corrected (F3).

Key Details

• Transaction date: May 22, 2026 (reported on Form 4 filed May 27, 2026).
• Reported prices/values: $0 for the award and the disposed derivative; no cash purchase or sale proceeds reported.
• Reported share movement: +1,785 (exercise/conversion acquired), −1,786 (derivative disposed), +1,889 (RSU award acquired) — net +1,888 shares.
• Footnotes: F1 fractional-share cash settlement; F2 explains RSUs = contingent right to one share; F4 RSUs vested on May 22; F3 corrects prior reporting error; F5 describes RSU vesting schedule.
• Filing timeliness: Transaction occurred May 22 and the Form 4 was filed May 27, which is several days after the transaction (Form 4s are generally due within two business days), so the filing appears to have been submitted late.

Context

• These were not open-market purchases or sales by the director but vesting/exercise and award-related transactions. RSUs converting to shares and derivative exercises often result in share issuances and sometimes share dispositions or cash settlements for fractional shares or tax withholding; this filing notes a cash settlement of fractional shares (F1) but does not specify tax withholding details.
• For retail investors: awards and vested RSUs increase insider ownership but do not necessarily signal buying conviction in the open market. The key facts here are the vesting/exercise on May 22 and the net issuance of 1,888 shares to the director.