Form 4: UL Solutions Director Exercises Stock Options, Acquires Shares
SEC Form 4 Filing
Frank J. Coyne, a director at UL Solutions Inc., executed stock options and dividend equivalent rights on May 1, 2025, resulting in the acquisition of Class A Common Stock.
Summary
- On May 1, 2025, Frank J. Coyne, a director of UL Solutions Inc., exercised restricted stock units and dividend equivalent rights.
- This resulted in the acquisition of 4,878 shares of Class A Common Stock from the restricted stock units and 49 shares of Class A Common Stock from the dividend equivalent rights.
- Following these transactions, Coyne directly owns 112,069 shares of Class A Common Stock.
- The restricted stock units and dividend equivalent rights vested on May 1, 2025.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company director, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company directors.
Stakeholder Impact
- The transaction increases the director's stake in the company, potentially aligning his interests further with those of shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date of transaction: exercise of restricted stock units and dividend equivalent rights. |
| 05/06/2025 | Date of filing: Form 4 filing date. |
Keywords
UL Solutions Inc., Frank J. Coyne, Class A Common Stock, Director, Stock Options, Dividend Equivalent Rights, Beneficial Ownership, Form 4, SEC Filing
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