Form 4: UL Solutions Director Charles W. Hooper Reports Accrual of Deferred Restricted Stock Unit Dividend Equivalents

UL Solutions Inc. Director Charles W. Hooper reported the routine accrual of dividend equivalent rights on his deferred restricted stock units, a standard transaction under the company's compensation plan.

Summary

• Charles W. Hooper, a Director of UL Solutions Inc. (ULS), reported the accrual of dividend equivalent rights on his deferred restricted stock units (DRSUs) on June 9, 2025.
• Mr. Hooper accrued 9 dividend equivalent rights related to DRSUs that vested on May 1, 2025, increasing his total beneficial ownership of these units to 4,936.
• Additionally, he accrued 5 dividend equivalent rights related to DRSUs that will vest on the earlier of May 20, 2026, or the annual meeting date, bringing his total beneficial ownership of these units to 2,792.
• Each dividend equivalent right is the economic equivalent of one share of UL Solutions' Class A Common Stock.
• These rights accrue on the deferred restricted stock units and vest proportionately with the underlying units.
• Settlement of these units and their associated dividend equivalent rights is expected in shares of the Issuer's Class A Common Stock, as per the Non-Employee Director Deferred Compensation Plan.

Sentiment

Score: 5

Explanation: The document is a routine SEC Form 4 filing disclosing the accrual of dividend equivalent rights as part of a director's compensation. It contains no information that would suggest a positive or negative sentiment regarding the company's performance or outlook.

Future Outlook

The deferred restricted stock units and their associated dividend equivalent rights are expected to be settled in shares of UL Solutions' Class A Common Stock either on a date selected by the reporting person under the Non-Employee Director Deferred Compensation Plan or as otherwise provided by the Plan.

Industry Context

This filing is a standard disclosure of insider equity compensation, common across publicly traded companies, reflecting routine accruals under an established director compensation plan. It does not provide broader industry insights.

Related Party Transactions

• The transaction involves a director of UL Solutions Inc. receiving equity compensation (dividend equivalent rights on deferred restricted stock units) from the company, which is a standard related-party transaction in the context of executive and director compensation.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-cash accrual of compensation, not a sale or purchase of shares. It reflects ongoing director compensation practices.
• Employees: No direct impact mentioned.
• Customers/Suppliers/Creditors: No direct impact mentioned.

Next Steps

• Settlement of the deferred restricted stock units and accrued dividend equivalent rights into shares of UL Solutions' Class A Common Stock, as per the Non-Employee Director Deferred Compensation Plan.

Key Dates

Keywords

SEC Form 4, insider transaction, UL Solutions Inc., ULS, deferred restricted stock units, dividend equivalent rights, executive compensation, director compensation, equity compensation