Solstice Advanced Materials Inc.·4

May 5, 4:20 PM ET

Dormo Jeffrey Harrison 4

4 · Solstice Advanced Materials Inc. · Filed May 5, 2026

Research Summary

AI-generated summary of this filing

Updated

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
Period: 2026-05-01
Dormo Jeffrey Harrison
SVP, Ref. and App. Solutions
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-05-01+2,7193,807 total
  • Tax Payment

    Common Stock

    [F2]
    2026-05-01$81.58/sh1,267$103,3622,540 total
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F3]
    2026-05-012,7195,437 total
    Common Stock (2,719 underlying)
Holdings
  • Restricted Stock Units

    [F1][F4]
    Common Stock (19,744 underlying)
    19,744
  • Restricted Stock Units

    [F1][F5]
    Common Stock (3,173 underlying)
    3,173
  • Restricted Stock Units

    [F1][F6]
    Common Stock (1,697 underlying)
    1,697
  • Restricted Stock Units

    [F1][F7]
    Common Stock (2,315 underlying)
    2,315
  • Restricted Stock Units

    [F1][F8]
    Common Stock (3,406 underlying)
    3,406
  • Restricted Stock Units

    [F1][F9]
    Common Stock (3,086 underlying)
    3,086
  • Restricted Stock Units

    [F1][F10]
    Common Stock (10,194 underlying)
    10,194
  • Restricted Stock Units

    [F1][F11]
    Common Stock (7,122 underlying)
    7,122
  • Stock Option (Right to buy)

    [F12]
    Exercise: $44.95Exp: 2032-02-10Common Stock (2,794 underlying)
    2,794
  • Stock Option (Right to buy)

    [F13]
    Exercise: $46.03Exp: 2033-02-22Common Stock (4,812 underlying)
    4,812
  • Stock Option (Right to buy)

    [F14]
    Exercise: $46.79Exp: 2034-02-28Common Stock (12,858 underlying)
    12,858
  • Stock Option (Right to buy)

    [F15]
    Exercise: $50.59Exp: 2035-03-02Common Stock (14,825 underlying)
    14,825
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

Documents

1 file
  • 4
    wk-form4_1778012410.xmlPrimary

    FORM 4