Form 4: UL Solutions Director Acquires Dividend Equivalent Rights
SEC Form 4 Filing
Frank J Coyne, a director of UL Solutions Inc., acquired dividend equivalent rights related to restricted stock units.
Summary
- On March 10, 2025, Frank J Coyne, a director of UL Solutions Inc. [ULS], acquired 12 dividend equivalent rights.
- These rights are the economic equivalent of one share of the Issuer's Class A Common Stock each.
- The dividend equivalent rights accrued on restricted stock units held by the reporting person and vest proportionately with the restricted stock units to which they relate.
- The price of each derivative security is $0.49.
- The transaction was reported on March 12, 2025.
Sentiment
Score: 5
Explanation: This is a neutral regulatory filing. It simply reports a transaction and doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This is a standard SEC Form 4 filing, which is common for corporate insiders reporting transactions in their company's securities. It provides transparency into the trading activities of individuals with access to non-public information.
Key Dates
| Date | Description |
|---|---|
| 03/10/2025 | Date of transaction: Frank J Coyne acquired dividend equivalent rights. |
| 03/12/2025 | Date of report filing. |
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