Form 4: UL Solutions Director Acquires Dividend Equivalent Rights
SEC Form 4 Filing
James M. Shannon, a director at UL Solutions Inc., acquired dividend equivalent rights related to restricted stock units on March 10, 2025.
Summary
- On March 10, 2025, James M. Shannon, a director of UL Solutions Inc., acquired 12 dividend equivalent rights.
- These rights are economically equivalent to shares of the Issuer's Class A Common Stock.
- The dividend equivalent rights accrued on restricted stock units held by Shannon and vest proportionately with the restricted stock units to which they relate.
- The price of each derivative security is $0.
- The reporting person directly owns the dividend equivalent rights.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing indicating standard compensation practices. It doesn't suggest any significant positive or negative implications for the company's financial health or future prospects.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 03/10/2025 | Date of transaction: James M. Shannon acquired dividend equivalent rights. |
| 03/12/2025 | Date of signature by Attorney-in-Fact. |
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