Form 4: Sally Susman, UL Solutions Inc. Director, Reports Acquisition of Dividend Equivalent Rights
SEC Form 4 Filing
Director Sally Susman reports acquiring dividend equivalent rights related to restricted stock units.
Summary
- On September 9, 2024, Sally Susman, a director of UL Solutions Inc., acquired 12 dividend equivalent rights.
- These rights are linked to restricted stock units and vest proportionally with them.
- The reporting person now holds these dividend equivalent rights indirectly.
- This transaction was reported on September 11, 2024.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for company insiders (directors, officers, and principal stockholders) to report transactions in their company's stock, providing transparency to the market.
Stakeholder Impact
- The acquisition of dividend equivalent rights by a director may be of interest to shareholders as it reflects part of the director's compensation and alignment with the company's performance.
Key Dates
| Date | Description |
|---|---|
| 09/09/2024 | Date of transaction: Acquisition of dividend equivalent rights. |
| 09/11/2024 | Date of report filing. |
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