UL Solutions Inc.·4

Mar 16, 8:57 PM ET

Hancock Lynn H 4

4 · UL Solutions Inc. · Filed Mar 16, 2026

Research Summary

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UL Solutions (ULS) EVP Lynn H. Hancock Receives RSU Awards

What Happened

  • Lynn H. Hancock, Executive Vice President & Chief Transformation Officer of UL Solutions (ULS), was granted a total of 11 restricted stock units (RSUs) on March 12, 2026 (three awards: 4, 3, and 4 RSUs). Each RSU is a contingent right to receive one share of Class A common stock (footnote F1). The awards were reported at $0 per unit because they are compensation grants (derivative awards), not open-market purchases or sales.
  • The filing shows dividend equivalent rights have accrued on these RSUs and vest proportionately with the units (F2, F3, F5, F6). These are awards/compensation rather than trades and do not directly indicate buying or selling in the market.

Key Details

  • Transaction date: 2026-03-12; Filing date: 2026-03-16 (filed within the two-business-day Form 4 deadline).
  • Grants: 4 RSUs, 3 RSUs, and 4 RSUs — total 11 RSUs; price shown $0 (award/grant).
  • Derivative nature: Each RSU converts to one share if/when it vests (F1). Dividend equivalent rights are included and vest with the underlying RSUs (F2–F6).
  • Vesting schedules referenced: awards vest in three equal installments tied to anniversaries of May 1, 2024; January 1, 2025; and April 1, 2025 (per footnotes F3, F5, F6). Timing means vesting is staggered and some installments may vest at different future dates.
  • Shares owned after transaction: not specified in the filing (footnote F4 describes inclusion of RSUs and accrued dividend equivalents but no total holding figure reported).
  • Filing timeliness: Reported on 2026-03-16 for a 2026-03-12 transaction — timely under Form 4 rules.

Context

  • These entries are compensation awards (RSUs) rather than purchases or sales; they represent a future right to receive shares if vesting conditions are met. Dividend equivalent rights accrue and vest alongside the RSUs. For retail investors, awards signal executive compensation alignment with company performance/goals rather than an immediate market bet by the insider.

Insider Transaction Report

Form 4
Period: 2026-03-12
Hancock Lynn H
See Remarks
Transactions
  • Award

    Restricted Stock Units

    [F1][F2][F3][F4]
    2026-03-12+42,597 total
    Class A Common Stock (4 underlying)
  • Award

    Restricted Stock Units

    [F1][F2][F5][F4]
    2026-03-12+32,026 total
    Class A Common Stock (3 underlying)
  • Award

    Restricted Stock Units

    [F1][F2][F6][F4]
    2026-03-12+42,319 total
    Class A Common Stock (4 underlying)
Footnotes (6)
  • [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 vested or will vest in three equal installments on the first, second and third anniversaries of January 1, 2025.
  • [F6]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.
Signature
/s/ Ryan Robinson, Attorney-in-Fact|2026-03-16

Documents

1 file
  • 4
    form4.xmlPrimary

    FORM 4