Dormo Jeffrey Harrison 4

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.