Form 4: UL Solutions Director Accrues Stock Rights

UL Solutions Director Sally Susman reported the accrual of dividend equivalent rights on her deferred restricted stock units.

Summary

• Sally Susman, a Director of UL Solutions Inc. (ULS), reported the accrual of dividend equivalent rights on her deferred restricted stock units.
• On December 8, 2025, 8 dividend equivalent rights accrued on a batch of deferred restricted stock units that vested on May 1, 2025. These rights are expected to be settled in Class A Common Stock.
• Also on December 8, 2025, 4 dividend equivalent rights accrued on another batch of deferred restricted stock units that will vest on the earlier of May 20, 2026, or the date of the annual meeting following the grant date. These rights are also expected to be settled in Class A Common Stock.
• Following these accruals, Susman beneficially owns 4,954 deferred restricted stock units (including accrued dividend equivalent rights) related to the first batch and 2,801 deferred restricted stock units (including accrued dividend equivalent rights) related to the second batch.

Sentiment

Score: 5

Explanation: The filing is a routine report of insider beneficial ownership changes related to director compensation, with no material positive or negative implications for the company's operational or financial performance.

Positives

• Director Sally Susman accrued 12 additional dividend equivalent rights, increasing her beneficial ownership in the company's Class A Common Stock upon settlement.
• The accrual is part of a standard compensation plan for non-employee directors, indicating continuity in executive compensation structure.

Future Outlook

The accrued dividend equivalent rights are expected to be settled in shares of UL Solutions Inc.'s Class A Common Stock on a date selected by the reporting person or as otherwise provided by the Non-Employee Director Deferred Compensation Plan. A batch of underlying deferred restricted stock units will vest on the earlier of May 20, 2026, or the date of the annual meeting following the grant date.

Industry Context

This routine insider transaction report reflects standard director compensation practices and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: Minimal direct impact, as this is a routine compensation accrual for a director.
• Employees: No direct impact mentioned.
• Customers: No direct impact mentioned.
• Suppliers: No direct impact mentioned.
• Creditors: No direct impact mentioned.

Next Steps

• Settlement of accrued dividend equivalent rights into shares of Class A Common Stock on a date selected by the reporting person or as per the Non-Employee Director Deferred Compensation Plan.
• Vesting of a batch of deferred restricted stock units on the earlier of May 20, 2026, or the date of the annual meeting following the grant date.

Key Dates

Keywords

UL Solutions, ULS, Form 4, Insider Transaction, Director, Stock Units, Dividend Equivalent Rights, Deferred Compensation