Genovesi John A 4
4 · UL Solutions Inc. · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
UL Solutions EVP John Genovesi Receives RSU Award
What Happened
John A. Genovesi, Executive Vice President & President, Software and Advisory at UL Solutions (ULS), was granted two restricted stock unit (RSU) awards on March 12, 2026: 6 RSUs and 7 RSUs (13 RSUs total). Each RSU is a contingent right to receive one share of Class A common stock (reported acquisition price $0.00 because these are awards). Dividend equivalent rights have accrued on the RSUs and vest proportionately with the underlying units.
Key Details
- Transaction date: March 12, 2026; two awards of 6 RSUs and 7 RSUs, each recorded at $0.00 (derivative awards).
- Total new RSUs: 13 (represents contingent right to 13 Class A shares if vested/settled).
- Vesting: Awards include dividend equivalents that vest with the RSUs. Some RSUs vest in three equal installments on the 1st, 2nd and 3rd anniversaries of May 1, 2024; others vest in three equal installments on the 1st, 2nd and 3rd anniversaries of April 1, 2025 (per filing footnotes).
- Shares owned after transaction: not specified in the Form 4 filing.
- Role/remark: Reported by the Executive Vice President & President, Software and Advisory.
- Filing timeliness: Report filed March 16, 2026 for a March 12, 2026 grant — filed within the Form 4 deadline (timely).
Context: RSU grants are awards, not open-market purchases or sales. They are contingent on vesting schedules and typically reflect compensation rather than an immediate bullish or bearish signal. The filing shows accrued dividend equivalents tied to the RSUs; these accrue and vest proportionally with the units.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2][F3][F4]2026-03-12+6→ 3,893 total→ Class A Common Stock (6 underlying) - Award
Restricted Stock Units
[F1][F2][F5][F4]2026-03-12+7→ 4,061 total→ Class A Common Stock (7 underlying)
Footnotes (5)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- [F2]Represents accrual of dividend equivalent rights on restricted stock units held by the Reporting Person.
- [F3]The dividend equivalent rights accrued on restricted stock units held by the Reporting Person and vest proportionately with the restricted stock units to which they relate. The restricted stock units vested or will vest in three equal installments on the first, second and third anniversaries of May 1, 2024.
- [F4]Includes restricted stock units and all dividend equivalent rights that have accrued on such restricted stock units to date.
- [F5]The dividend equivalent rights accrued on restricted stock units held by the Reporting Person and vest proportionately with the restricted stock units to which they relate. The restricted stock units will vest in three equal installments on the first, second and third anniversaries of April 1, 2025.