4/A: UL Solutions Director George A. Williams Corrects Stock Unit Reporting in Amended SEC Filing
SEC Filing
George A. Williams, a director at UL Solutions Inc., filed an amended SEC Form 4/A to correct details regarding a deferred restricted stock unit grant.
Summary
- Director George A. Williams filed an amendment to a previous SEC Form 4 filing.
- The amendment corrects the title of the security, the number of derivative securities acquired, the number of derivative securities beneficially owned following the reported transaction and the vesting thereof.
- The original filing inadvertently reported a deferred restricted stock unit grant early on April 18, 2024.
- The corrected filing concerns a grant of 4,878 deferred restricted stock units, each representing a contingent right to receive one share of UL Solutions' Class A Common Stock.
- These units vest on the earlier of the one-year anniversary of the grant date or the date of the annual meeting following the grant date.
- Settlement will occur in shares of Class A Common Stock, either on a date selected by the reporting person or as provided by the Issuer's Non-Employee Director Deferred Compensation Plan.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing correcting a previous error. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Future Outlook
The deferred restricted stock 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 the Issuer's Class A Common Stock either (i) on a date selected by the reporting person pursuant to the Issuer's Non-Employee Director Deferred Compensation Plan (the 'Plan'), or (ii) as otherwise provided by the Plan.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common for publicly traded companies. It provides transparency to investors regarding the holdings and transactions of company insiders.
Stakeholder Impact
- The correction of the filing ensures accurate information is available to shareholders regarding director compensation and equity ownership.
Key Dates
| Date | Description |
|---|---|
| 04/18/2024 | Original filing date of the Form 4 which inadvertently reported the deferred restricted stock unit grant early. |
| 05/01/2024 | Transaction date for the acquisition of deferred restricted stock units. |
| 05/06/2025 | Date of signature for the amended filing. |
Keywords
SEC Form 4/A, UL Solutions, Director, George A. Williams, Deferred Restricted Stock Units, Class A Common Stock, Amendment, Vesting
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