Barresi John S 4

What Happened

• John S. Barresi, Chief Accounting Officer of Solstice Advanced Materials Inc. (SOLS), had restricted stock units (RSUs) convert/vest on June 16, 2026 and received shares as a result (reported as "exercise or conversion of derivative" transactions).
• The filing shows conversions of 8,599 and 8,600 derivative units into common shares. To cover tax withholding, 3,244 shares were surrendered/disposed at an effective per-share value of $85.79, resulting in $278,303 cash withheld to satisfy tax obligations.
• The Form 4 was filed on June 18, 2026 for the June 16, 2026 transactions (appears to be timely).

Key Details

• Transaction date: June 16, 2026; Form filed: June 18, 2026.
• Reported derivative/conversion entries: 8,599 shares acquired (code M) and 8,600 shares converted/treated as disposed (code M, $0 reported as derivative disposition).
• Tax withholding/disposition: 3,244 shares withheld/disposed (code F) at $85.79 per share, total $278,303.
• Footnotes: RSUs convert 1-for-1 to common stock (F2); fractional shares may be settled in cash (F1); the withholding represents shares surrendered for taxes upon RSU vesting (F3). Vesting schedules referenced in the filing (F4/F5) indicate multi-year vesting for related grants.
• Shares owned after the transaction: not specified in the provided filing excerpt.

Context

• This appears to be routine RSU vesting and net share settlement to cover tax liabilities (common practice). The filing indicates conversion of equity awards and withholding of shares for taxes rather than an open-market sale or discretionary trading by the executive.
• For investors: award conversions and withholding are standard compensation mechanics and do not necessarily signal a buy or sell decision about the company stock.