Solstice Advanced Materials Inc.·4

Jun 12, 5:13 PM ET

Ward Pat 4

Research Summary

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Solstice (SOLS) Director Pat Ward Receives 2 RSUs

What Happened

  • Pat Ward, a director of Solstice Advanced Materials Inc. (SOLS), received a grant of 2 restricted stock units (RSUs) on June 10, 2026. The award was recorded at $0.00 per unit (derivative award), so no cash was paid in connection with this grant. The filing lists the transaction as an award/grant (code A).

Key Details

  • Transaction date: 2026-06-10; Form 4 filed 2026-06-12 (appears timely).
  • Grant: 2 RSUs @ $0.00 each; total reported cost/value at grant = $0.
  • Shares owned after transaction: Not specified in this filing.
  • Footnotes of note:
    • F4: Each RSU equals a contingent right to one share; fractional amounts rounded.
    • F5: Dividend equivalent rights accrue as RSUs and vest with the underlying RSUs.
    • F6: RSUs vest on the earlier of the first anniversary of the grant date or the next annual meeting of shareholders.
    • F1–F3: Certain securities are held in Diane, Caitlin and Daniel Ward Irrevocable Trusts for which Mr. Ward is a trustee; he disclaims beneficial ownership except for any pecuniary interest.
  • Transaction type: Derivative award (RSUs), not a cash purchase or sale.

Context

  • RSUs are contingent awards that convert to common shares when they vest; this grant does not represent an immediate open-market purchase or sale. Awards like this are common for compensation and do not by themselves indicate insider buying or selling intent. The filing provides vesting timing and trust-disclosure footnotes but does not state total post-transaction ownership.