D'Angelo Scott 4

What Happened
D'Angelo Scott, EVP, Chief Legal Officer & Corporate Secretary of UL Solutions (ULS), was granted a total of 20 restricted stock units (RSUs) in two awards on 2026-03-12 (14 RSUs and 6 RSUs). Each RSU is a contingent right to one share of Class A common stock; the reported acquisition price is $0.00 (derivative award), so no cash was paid at grant. The filing shows these RSUs include accrued dividend equivalent rights that vest alongside the RSUs.

Key Details

• Transaction date: 2026-03-12 (reported on Form 4 filed 2026-03-16). Filing appears to be timely.
• Awards: 14 RSUs and 6 RSUs (total 20 RSUs); reported price $0.00 (code A — Award/Grant).
• Vesting: RSUs vest in three equal installments on the 1st, 2nd and 3rd anniversaries of May 1, 2025 (i.e., May 1, 2026; May 1, 2027; May 1, 2028).
• Dividend equivalents: Accrued dividend equivalent rights are included and vest proportionately with the RSUs (footnotes F1–F4).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Transaction type: Derivative award (RSUs), not an open-market buy or sale.

Context
RSUs are a form of compensation that convert to actual shares only when they vest; they are not an immediate purchase and do not necessarily signal buying or selling sentiment. The dividend equivalent rights accrue on the RSUs and will be paid/converted according to the same vesting schedule.