Gautam Rajeev 4
Research Summary
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Solstice Advanced Materials (SOLS) Director Gautam Rajeev Receives Award
What Happened
Gautam Rajeev, a director of Solstice Advanced Materials Inc. (SOLS), received an award of 2 restricted stock units (RSUs) on 2026-06-10. The grant is reported as 2 shares at $0.00 (derivative award), meaning these RSUs are a contingent right to receive common stock in the future rather than an immediate cash purchase.
Key Details
- Transaction date: 2026-06-10; Form 4 filed: 2026-06-12.
- Grant: 2 RSUs reported at $0.00 per share (derivative award).
- Shares owned after transaction: not disclosed in the supplied filing data.
- Footnotes:
- F1: Each RSU equals a contingent right to one share; fractional amounts rounded.
- F2: Includes dividend equivalent rights that accrue as 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.
- Timeliness: Filing occurred two days after the transaction (Form 4s are generally required within two business days).
Context
This is a standard equity compensation grant to a director (not a market purchase or sale). RSU grants are common for aligning directors with shareholder interests; they do not represent immediate stock ownership until they vest and convert into shares. There is no cash value exchanged at grant and no indication of a sale or disposition in this filing.