Solstice Advanced Materials Inc.·4

Jun 12, 5:08 PM ET

Gibbons Peter D 4

Research Summary

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Solstice (SOLS) Director Peter D. Gibbons Receives RSU Award

What Happened

  • Peter D. Gibbons, a director of Solstice Advanced Materials Inc. (SOLS), was granted 2 restricted stock units (RSUs) on 2026-06-10. The Form 4 (accession 0002064953-26-000070) shows the grant as 2 derivative units at $0.00 (total reported cash = $0). This is an award/grant (compensation) rather than an open-market purchase or sale; the RSUs convert to common shares only if/when they vest.

Key Details

  • Transaction date: 2026-06-10. Filing date: 2026-06-12 (no late filing indicated in the provided data).
  • Grant: 2 RSUs, price reported $0.00 (derivative award).
  • Shares owned after transaction: Not specified in the supplied filing details.
  • Footnotes from the filing:
    • F1: Each RSU represents a contingent right to receive one share; fractional amounts rounded to nearest whole share.
    • F2: Dividend equivalent rights accrue as RSUs that 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 shareowners.
  • No 10b5-1 plan, tax withholding, or sale reported in the provided transaction data.

Context

  • RSUs are contingent awards that convert into common stock only upon vesting; there was no cash purchase or immediate sale associated with this grant. A two-unit grant is small and typically reflects routine director compensation rather than a market signal. For full beneficial ownership and additional filing details, consult the complete Form 4 filing.