Form 4: Elisabeth Torstad Reports Changes in Beneficial Ownership of UL Solutions Inc. Stock
SEC Form 4 Filing
Director Elisabeth Torstad reports acquisition of dividend equivalent rights related to UL Solutions Inc. Class A Common Stock.
Summary
- Elisabeth Torstad, a director of UL Solutions Inc., filed a Form 4 to report changes in beneficial ownership.
- The report indicates the acquisition of 12 dividend equivalent rights on March 10, 2025, each equivalent to one share of UL Solutions Inc.'s Class A Common Stock.
- These rights accrued on restricted stock units held by Torstad and vest proportionately with those units.
- The price of each derivative security is $0.49.
- The report was signed by Ryan Robinson, Attorney-in-Fact, on March 12, 2025.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 03/10/2025 | Date of transaction: Acquisition of dividend equivalent rights. |
| 03/12/2025 | Date of report signature by Attorney-in-Fact. |
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