Lee Rose 4
Research Summary
AI-generated summary
Solstice (SOLS) Director Lee Rose Receives RSU Award
What Happened
- Lee Rose, a director of Solstice Advanced Materials Inc. (SOLS), was granted 2 restricted stock units (RSUs) on 2026-06-10. The filing reports the grant as a derivative acquisition at $0.00 per unit (total reported value $0), i.e., an equity award for compensation rather than a purchase.
Key Details
- Transaction date: 2026-06-10; Filing date (Form 4): 2026-06-12 (timely — Form 4 is generally due within two business days).
- Grant: 2 RSUs; reported price per unit: $0.00; total reported value: $0.
- Shares owned after transaction: not specified in the provided excerpt of the Form 4.
- Footnotes of note:
- F1: Each RSU represents a contingent right to one share; fractional amounts rounded to nearest whole share.
- 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.
- Type: Derivative award (code A on Form 4 — grant/award).
Context
- RSU grants are a common form of equity compensation for directors and executives and do not reflect an open-market purchase or sale. They vest in the future under the terms noted above and therefore are not an immediate cash value or liquidity event.