Form 4: Director Charles Hooper Reports Acquisition of Dividend Equivalent Rights in UL Solutions Inc.
SEC Form 4 Filing
Charles Hooper, a director of UL Solutions Inc., reported the acquisition of dividend equivalent rights related to restricted stock units.
Summary
- On June 18, 2024, Charles Hooper, a director of UL Solutions Inc. [ULS], acquired 14 dividend equivalent rights.
- These rights are associated with restricted stock units held by Hooper and vest proportionally with those units.
- Each dividend equivalent right represents the economic equivalent of one share of UL Solutions Inc.'s Class A Common Stock.
- The reporting person directly owns 14 dividend equivalent rights after the reported transaction.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding stock ownership, indicating a neutral sentiment.
Industry Context
This is a standard disclosure related to executive compensation and equity ownership, common in publicly traded companies.
Stakeholder Impact
- The acquisition of dividend equivalent rights by a director may be of interest to shareholders as it relates to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 06/18/2024 | Date of transaction: Acquisition of dividend equivalent rights. |
| 06/21/2024 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.