Shannon James M 4
4 · UL Solutions Inc. · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
UL Solutions (ULS) Director Shannon James Receives Restricted Stock Units
What Happened
Shannon James, a director of UL Solutions Inc. (ULS), received two awards of deferred restricted stock units on March 12, 2026 — 8 RSUs and 4 RSUs, for a total of 12 RSUs. Each RSU is a contingent right to one share of UL Solutions Class A common stock; the grants show $0 cash paid on acquisition because these are deferred awards, not open-market purchases.
Key Details
- Transaction date: 2026-03-12; Form 4 filed: 2026-03-16 (Accession 0000905148-26-001302). Filing appears timely (filed within the standard 2-business-day window).
- Transaction type/code: A (Grant/Award). Price per unit reported as $0.00; total immediate cash value $0.
- Quantity: 8 RSUs + 4 RSUs = 12 deferred RSUs.
- Shares owned after transaction: Not disclosed in the provided filing summary.
- Notable footnotes:
- F1: Each deferred RSU represents a contingent right to one Class A share.
- F2/F3/F5: Dividend equivalent rights accrue on these RSUs and vest proportionately; some RSUs referenced vested May 1, 2025 and are expected to be settled in shares on a date selected under the issuer’s Non-Employee Director Deferred Compensation Plan, while other deferred RSUs will vest the earlier of May 20, 2026 or the next annual meeting and are likewise expected to be settled in shares.
- F4: Holdings referenced include both deferred RSUs and accrued dividend equivalents.
Context
These awards are compensation to a non-employee director and are recorded as deferred RSUs (not a purchase or sale). Deferred RSUs typically indicate future settlement in shares per the company’s plan and do not represent immediate cash proceeds or open-market buying/selling activity.
Insider Transaction Report
- Award
Deferred Restricted Stock Units
[F1][F2][F3][F4]2026-03-12+8→ 4,962 total→ Class A Common Stock (8 underlying) - Award
Deferred Restricted Stock Units
[F1][F2][F5][F4]2026-03-12+4→ 2,805 total→ Class A Common Stock (4 underlying)
Footnotes (5)
- [F1]Each deferred 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 deferred restricted stock units held by the Reporting Person.
- [F3]The dividend equivalent rights accrued on deferred restricted stock units held by the Reporting Person and vest proportionately with the deferred restricted stock units to which they relate. The deferred restricted stock units vested on May 1, 2025 and are expected to be settled in shares of the Issuer's Class A Common Stock either (i) on a date selected by the reporting person pursuant to the Issuer's Non-Employee Director Deferred Compensation Plan (the "Plan"), or (ii) as otherwise provided by the Plan.
- [F4]Includes deferred restricted stock units and all dividend equivalent rights that have accrued on such deferred restricted stock units to date.
- [F5]The dividend equivalent rights accrued on deferred restricted stock units held by the Reporting Person and vest proportionately with the deferred restricted stock units to which they relate. The deferred restricted stock units will vest on the earlier of May 20, 2026 or the date of the annual meeting following the grant date and are expected to be settled in shares of the Issuer's Class A Common Stock either (i) on a date selected by the reporting person pursuant to the Issuer's Plan, or (ii) as otherwise provided by the Plan.