Form 4: Frank Coyne, UL Solutions Inc. Director, Reports Acquisition of Dividend Equivalent Rights
SEC Form 4 Filing
Director Frank Coyne reports acquiring 12 dividend equivalent rights related to restricted stock units of UL Solutions Inc. on September 9, 2024.
Summary
- On September 9, 2024, Frank Coyne, a director of UL Solutions Inc., acquired 12 dividend equivalent rights.
- These rights are associated with restricted stock units held by Coyne and will 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.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing indicating a standard transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a standard SEC Form 4 filing, reflecting changes in beneficial ownership by a company insider. Such filings are routine and provide transparency to the market regarding insider transactions.
Stakeholder Impact
- The acquisition of dividend equivalent rights has a minimal direct impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 09/09/2024 | Date of transaction: Acquisition of 12 dividend equivalent rights. |
| 09/11/2024 | Date of signature by Attorney-in-Fact. |
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