Form 4: Elisabeth Torstad Reports Acquisition of UL Solutions Inc. Deferred Restricted Stock Units

Director Elisabeth Torstad reports the acquisition of 2,787 deferred restricted stock units in UL Solutions Inc. on May 20, 2025.

Summary

• Elisabeth Torstad, a director of UL Solutions Inc., filed a Form 4 on May 22, 2025, reporting a transaction.
• On May 20, 2025, Torstad acquired 2,787 deferred restricted stock units (DRSUs) representing a contingent right to receive one share of the Issuer's Class A Common Stock each.
• The DRSUs will vest on the earlier of the one-year anniversary of the grant date or the date of the annual meeting following the grant date.
• Settlement will occur in shares of UL Solutions Inc.'s Class A Common Stock either on a date selected by the reporting person or as otherwise provided by the Non-Employee Director Deferred Compensation Plan.
• Following the reported transaction, Torstad beneficially owns 2,787 derivative securities.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction and standard regulatory filing, indicating a neutral to slightly positive sentiment due to increased director ownership.

Positives

• The acquisition of deferred restricted stock units aligns the director's interests with those of the shareholders.
• The vesting schedule encourages long-term commitment from the director.

Future Outlook

The deferred restricted stock units will vest on the earlier of the one-year anniversary of the grant date or the date of the annual meeting following the grant date 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.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The acquisition of deferred restricted stock units by a director can positively influence shareholder confidence.

Key Dates

Keywords

Form 4, UL Solutions Inc., Director, Elisabeth Torstad, Deferred Restricted Stock Units, DRSU, Class A Common Stock, Beneficial Ownership, Securities Exchange Act, Non-Employee Director Deferred Compensation Plan