Form 4: UL Solutions Director Acquires Deferred Stock Units
SEC Form 4 Filing
Director James M. Shannon acquires 235 deferred stock units of UL Solutions Inc., convertible to Class A Common Stock.
Summary
- James M. Shannon, a director of UL Solutions Inc., acquired 235 deferred stock units on April 4, 2025.
- Each deferred stock unit represents the right to receive one share of the Issuer's Class A Common Stock.
- The deferred stock units are fully vested and will be settled in shares of the Issuer's Class A Common Stock either (i) on a date selected by the reporting person pursuant to the Issuer's Non-Employee Director Deferred Compensation Plan (the 'Plan'), or (ii) as otherwise provided by the Plan.
- Following the transaction, Shannon directly owns 1,051 derivative securities.
Sentiment
Score: 7
Explanation: The document indicates a director's increased stake in the company, which is generally a positive sign, but it's a routine transaction.
Positives
- The acquisition of deferred stock units by a director signals confidence in the company's future performance.
Future Outlook
The deferred stock units will be settled in shares of Class A Common Stock at a future date, as determined by the reporting person or the Plan.
Industry Context
Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 04/04/2025 | Date of transaction: Director James M. Shannon acquired deferred stock units. |
| 04/07/2025 | Date of report filing. |
Keywords
UL Solutions, Director, Deferred Stock Units, Class A Common Stock, Beneficial Ownership, Form 4, SEC
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