Form 4: UL Solutions CEO Sells Shares Under 10b5-1 Plan
Statement of Changes in Beneficial Ownership
Jennifer F. Scanlon, President and CEO of UL Solutions Inc., reported the sale of 17,700 shares of Class A Common Stock through a pre-arranged Rule 10b5-1 trading plan.
Summary
- Jennifer F. Scanlon, President and CEO of UL Solutions Inc. (ULS), sold a total of 17,700 shares of Class A Common Stock.
- These sales occurred on July 1, 2026, and were executed under a Rule 10b5-1 trading plan adopted on December 9, 2025.
- The sales were conducted in multiple tranches at weighted average prices ranging from $97.50 to $101.89.
- Following these transactions, Scanlon directly beneficially owns 164,224 shares and indirectly beneficially owns 89,285 shares through a family trust.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as the sales were conducted under a pre-arranged Rule 10b5-1 plan, indicating a planned divestiture rather than a reaction to negative company performance.
Negatives
- Insider selling, particularly by a CEO, can sometimes be perceived negatively by the market, although this sale was conducted under a pre-established plan.
Risks
- The Rule 10b5-1 plan is designed to provide an affirmative defense against allegations of insider trading, mitigating some risks associated with the timing of these sales.
Future Outlook
The filing does not contain forward-looking statements or guidance. It solely reports on past transactions.
Industry Context
StockSavvy.ai notes that insider sales under Rule 10b5-1 plans are common for executives to diversify holdings or manage personal finances, and are generally viewed as less concerning than unscheduled sales, provided the plan was established well in advance of any material non-public information.
Related Party Transactions
- The Reporting Person's spouse is the trustee of the family trust, and the Reporting Person's children are the beneficiaries of this trust, through which 89,285 shares are indirectly beneficially owned.
Stakeholder Impact
- Shareholders: The sale of shares by the CEO, even under a 10b5-1 plan, may lead to short-term market scrutiny, though the pre-planned nature mitigates concerns about insider trading.
Key Dates
| Date | Description |
|---|---|
| 2025-12-09 | Date the Rule 10b5-1 trading plan was adopted by the Reporting Person. |
| 2026-07-01 | Date of the reported transactions (sales of Class A Common Stock). |
| 2026-07-02 | Date the Form 4 was signed by the attorney-in-fact. |
Keywords
UL Solutions, ULS, Insider Trading, Form 4, Rule 10b5-1, Stock Sale, Jennifer F. Scanlon, CEO, Class A Common Stock
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.