Form 4: Solstice SVP Dormo Reports RSU Vesting, Stock Transactions
Insider Transaction Report
Jeffrey Harrison Dormo, SVP at Solstice Advanced Materials Inc., reported the vesting of restricted stock units and related common stock transactions, including shares withheld for taxes.
Summary
- Jeffrey Harrison Dormo, SVP, Ref. and App. Solutions at Solstice Advanced Materials Inc. (SOLS), reported transactions involving common stock and restricted stock units (RSUs).
- On February 23, 2026, 2,036 shares of common stock were acquired upon the vesting of RSUs.
- Concurrently, 948 shares of common stock were disposed of at a price of $79.29 per share to cover tax liabilities related to the RSU vesting.
- Following these transactions, Dormo beneficially owns 1,088 shares of common stock directly.
- A new grant of 7,115 Restricted Stock Units was acquired on February 24, 2026, with vesting scheduled over three years.
- Dormo holds various other RSU grants with future vesting dates ranging from July 2026 to October 2029.
- Dormo also holds several stock options with varying exercise prices and vesting schedules, including fully vested options for 2,794 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, representing a routine disclosure of executive equity compensation vesting and related tax withholding, which is standard practice and does not indicate a significant positive or negative shift in company fundamentals or outlook.
Positives
- Acquisition of 2,036 shares of common stock through RSU vesting, increasing direct ownership.
- Acquisition of a new grant of 7,115 Restricted Stock Units on February 24, 2026, indicating continued equity incentive.
- Existence of multiple unvested RSU grants and stock options, providing future equity upside potential.
Negatives
- Disposal of 948 shares of common stock at $79.29 to cover tax obligations, reducing the net shares received from the RSU vesting.
Future Outlook
The filing details future vesting schedules for various Restricted Stock Units and stock options held by Jeffrey Harrison Dormo, extending through October 2029 for RSUs and March 2035 for stock options, contingent on continued employment.
Industry Context
StockSavvy.ai notes that this Form 4 filing is a routine disclosure of insider equity transactions, common across all industries for executives receiving performance-based compensation. It reflects the standard practice of equity vesting and tax withholding upon such events, rather than a specific industry trend.
Stakeholder Impact
- Shareholders gain transparency into executive equity holdings and compensation practices.
- Employees, particularly other executives, may view this as a standard part of their compensation structure.
Next Steps
- Future vesting of 7,115 Restricted Stock Units on February 24, 2027, February 24, 2028, and February 24, 2029.
- Future vesting of 19,724 Restricted Stock Units on October 30, 2028, and October 30, 2029.
- Future vesting of 3,170 Restricted Stock Units on July 30, 2026.
- Future vesting of 1,695 Restricted Stock Units on July 29, 2027.
- Future vesting of 2,313 Restricted Stock Units on July 28, 2026.
- Future vesting of 3,403 Restricted Stock Units on March 1, 2027.
- Future vesting of 8,148 Restricted Stock Units on May 1, 2026, May 1, 2027, and May 1, 2028.
- Future vesting of 3,083 Restricted Stock Units on March 3, 2028.
- Future vesting of 10,184 Restricted Stock Units on March 17, 2027, and March 17, 2028.
- Future vesting of 4,812 stock options on February 23, 2027.
- Future vesting of 12,858 stock options on March 1, 2027, and March 1, 2028.
- Future vesting of 14,825 stock options on March 3, 2027, March 3, 2028, and March 3, 2029.
Key Dates
| Date | Description |
|---|---|
| 2026-02-23 | Date of RSU vesting, common stock acquisition, and disposal for tax withholding. Also, the first vesting installment for 4,812 stock options. |
| 2026-02-24 | Acquisition date for 7,115 Restricted Stock Units. |
| 2026-02-25 | Signature date of the filing. |
| 2026-03-01 | First vesting installment for 12,858 stock options. |
| 2026-03-03 | First vesting installment for 14,825 stock options. |
| 2026-05-01 | First vesting installment for 8,148 Restricted Stock Units. |
| 2026-07-28 | Vesting date for 2,313 Restricted Stock Units. |
| 2026-07-30 | Vesting date for 3,170 Restricted Stock Units. |
| 2027-02-23 | Second vesting installment for 4,812 stock options. |
| 2027-02-24 | First vesting installment for 7,115 Restricted Stock Units. |
| 2027-03-01 | Second vesting installment for 12,858 stock options and vesting date for 3,403 Restricted Stock Units. |
| 2027-03-03 | Second vesting installment for 14,825 stock options. |
| 2027-03-17 | First vesting installment for 10,184 Restricted Stock Units. |
| 2027-05-01 | Second vesting installment for 8,148 Restricted Stock Units. |
| 2027-07-29 | Vesting date for 1,695 Restricted Stock Units. |
| 2028-02-24 | Second vesting installment for 7,115 Restricted Stock Units. |
| 2028-03-01 | Third vesting installment for 12,858 stock options. |
| 2028-03-03 | Third vesting installment for 14,825 stock options and vesting date for 3,083 Restricted Stock Units. |
| 2028-03-17 | Second vesting installment for 10,184 Restricted Stock Units. |
| 2028-05-01 | Third vesting installment for 8,148 Restricted Stock Units. |
| 2028-10-30 | First vesting installment for 19,724 Restricted Stock Units. |
| 2029-02-24 | Third vesting installment for 7,115 Restricted Stock Units. |
| 2029-03-03 | Fourth vesting installment for 14,825 stock options. |
| 2029-10-30 | Second vesting installment for 19,724 Restricted Stock Units. |
| 2032-02-10 | Expiration date for 2,794 fully vested stock options. |
| 2033-02-22 | Expiration date for 4,812 stock options. |
| 2034-02-28 | Expiration date for 12,858 stock options. |
| 2035-03-02 | Expiration date for 14,825 stock options. |
Keywords
Solstice Advanced Materials, SOLS, Jeffrey Harrison Dormo, Form 4, Insider Trading, Restricted Stock Units, RSU, Stock Options, Equity Compensation, Vesting, Common Stock, SEC Filing
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