Form 4: Director James M. Shannon Acquires Deferred Stock Units in UL Solutions Inc.

Sentiment:

SEC Form 4 Filing


James M. Shannon, a director of UL Solutions Inc., acquired 298 deferred stock units representing the right to receive Class A Common Stock on July 3, 2024.

Summary

  • On July 3, 2024, James M. Shannon, a director of UL Solutions Inc., acquired 298 deferred stock units.
  • Each deferred stock unit represents the right to receive one share of UL Solutions Inc.'s Class A Common Stock.
  • The deferred stock units are fully vested and will 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.
  • Following the transaction, Shannon directly owns 298 deferred stock units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to insider transactions, with neutral sentiment.

Future Outlook

The deferred stock units will be settled in shares of UL Solutions Inc.'s Class A Common Stock on a date selected by the reporting person or as otherwise provided by the Non-Employee Director Deferred Compensation Plan.

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions, providing transparency to investors regarding the holdings and transactions of company directors.

Stakeholder Impact

  • The transaction provides transparency to shareholders regarding director compensation and ownership.

Key Dates

DateDescription
07/03/2024Date of transaction: James M. Shannon acquired 298 deferred stock units.
07/08/2024Date of signature for the Form 4 filing.

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