4/A: UL Solutions Director Corrects Stock Unit Reporting in Amended SEC Filing

Sentiment:

SEC Filing


An amended SEC Form 4/A reveals a correction in the reporting of deferred restricted stock units granted to UL Solutions Director Charles W. Hooper.

Summary

  • Charles W. Hooper, a director at UL Solutions Inc., filed an amended SEC Form 4/A to correct information regarding a deferred restricted stock unit grant.
  • The original filing on April 18, 2024, and a subsequent filing on May 23, 2024, contained inaccuracies regarding the title of the security, the number of derivative securities acquired, the number of derivative securities beneficially owned, and the vesting details.
  • The corrected filing indicates that Hooper acquired 4,878 deferred restricted stock units on May 1, 2024, which represent the contingent right to receive one share each of UL Solutions' Class A Common Stock.
  • These units will vest on the earlier of the one-year anniversary of the grant date or the date of the annual meeting following the grant date, and will be settled in shares of Class A Common Stock.
  • The reporting person can select a date for settlement pursuant to the Issuer's Non-Employee Director Deferred Compensation Plan.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing correcting a previous error, indicating standard corporate governance procedures. There is no indication of positive or negative sentiment, but the correction itself is a positive sign of transparency.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Key Dates

DateDescription
04/18/2024Original filing date of the Form 4, which contained errors.
05/01/2024Date of the transaction (acquisition of deferred restricted stock units).
05/06/2025Signature date of the amended filing.

Keywords

SEC Form 4, UL Solutions, Director, Charles W. Hooper, Deferred Restricted Stock Units, Amendment, Beneficial Ownership, Class A Common Stock

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