Dormo Jeffrey Harrison 4
4 · Solstice Advanced Materials Inc. · Filed May 5, 2026
Research Summary
AI-generated summary of this filing
Solstice (SOLS) SVP Jeffrey Dormo Exercises/Withholds Shares
What Happened
- Jeffrey Dormo, SVP, Ref. and App. Solutions at Solstice Advanced Materials (SOLS), exercised/converted derivatives to acquire 2,719 shares on May 1, 2026. To satisfy tax withholding, 1,267 of those shares were surrendered at $81.58 each, totaling $103,362. The net shares delivered to Dormo after withholding were 1,452.
Key Details
- Transaction date: May 1, 2026; Form 4 filed May 5, 2026 (appears timely).
- Transaction codes: M = exercise/conversion of derivative; F = shares withheld to cover tax liability.
- Withheld shares: 1,267 shares at $81.58 each = $103,362 (tax withholding, not an open-market sale).
- Shares acquired via exercise/conversion: 2,719.
- Net shares retained after withholding: 1,452 (2,719 − 1,267).
- Shares owned following the transactions: not specified in this filing.
- Relevant footnotes: F2 indicates shares were withheld for taxes upon vesting of RSUs; F3 notes a vesting schedule (RSUs vest in three equal installments on May 1, 2026/2027/2028).
Context
- This appears to be a routine exercise/conversion with shares withheld to cover tax obligations (a cashless-type settlement for withholding), rather than an open-market sale. Footnotes tie the activity to RSU vesting and standard tax withholding; such withholding is common and does not necessarily signal a change in insider sentiment.
Insider Transaction Report
Form 4
Dormo Jeffrey Harrison
SVP, Ref. and App. Solutions
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-05-01+2,719→ 3,807 total - Tax Payment
Common Stock
[F2]2026-05-01$81.58/sh−1,267$103,362→ 2,540 total - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-05-01−2,719→ 5,437 total→ Common Stock (2,719 underlying)
Holdings
- 19,744
Restricted Stock Units
[F1][F4]→ Common Stock (19,744 underlying) - 3,173
Restricted Stock Units
[F1][F5]→ Common Stock (3,173 underlying) - 1,697
Restricted Stock Units
[F1][F6]→ Common Stock (1,697 underlying) - 2,315
Restricted Stock Units
[F1][F7]→ Common Stock (2,315 underlying) - 3,406
Restricted Stock Units
[F1][F8]→ Common Stock (3,406 underlying) - 3,086
Restricted Stock Units
[F1][F9]→ Common Stock (3,086 underlying) - 10,194
Restricted Stock Units
[F1][F10]→ Common Stock (10,194 underlying) - 7,122
Restricted Stock Units
[F1][F11]→ Common Stock (7,122 underlying) - 2,794
Stock Option (Right to buy)
[F12]Exercise: $44.95Exp: 2032-02-10→ Common Stock (2,794 underlying) - 4,812
Stock Option (Right to buy)
[F13]Exercise: $46.03Exp: 2033-02-22→ Common Stock (4,812 underlying) - 12,858
Stock Option (Right to buy)
[F14]Exercise: $46.79Exp: 2034-02-28→ Common Stock (12,858 underlying) - 14,825
Stock Option (Right to buy)
[F15]Exercise: $50.59Exp: 2035-03-02→ Common Stock (14,825 underlying)
Footnotes (15)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Solstice Advanced Materials Inc. (the "Issuer") common stock.
- [F10]The RSUs will vest in equal installments on each of March 17, 2027 and March 17, 2028, subject to continued employment.
- [F11]The RSUs will vest 33% on each of February 24, 2027 and February 24, 2028, and 34% on February 24, 2029, subject to continued employment.
- [F12]Options are fully vested and exercisable.
- [F13]Options vest and become exercisable in equal installments on each of February 23, 2026 and February 23, 2027.
- [F14]Options vest and become exercisable in three equal installments on each of March 1, 2026, March 1, 2027 and March 1, 2028.
- [F15]Options vest and become exercisable in four equal installments on each of March 3, 2026, March 3, 2027, March 3, 2028 and March 3, 2029.
- [F2]Represents shares withheld for taxes upon vesting of RSUs.
- [F3]The RSUs vest in three equal installments on each of May 1, 2026, May 1, 2027 and May 1, 2028, subject to continued employment.
- [F4]The RSUs will vest in equal installments on each of October 30, 2028 and October 30, 2029, subject to continued employment.
- [F5]The RSUs will vest on July 30, 2026, subject to continued employment.
- [F6]The RSUs will vest on July 29, 2027, subject to continued employment.
- [F7]The RSUs will vest on July 28, 2026, subject to continued employment.
- [F8]The RSUs will vest on March 1, 2027, subject to continued employment.
- [F9]The RSUs will vest on March 3, 2028, subject to continued employment.
Signature
/s/ Jay Shah for Jeffrey H. Dormo|2026-05-05