4/A: UL Solutions Director James M. Shannon Corrects Stock Unit Reporting in Amended SEC Filing

James M. Shannon, 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 James M. Shannon filed an amendment to a previously submitted SEC Form 4 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 Shannon acquired 4,878 deferred restricted stock units on May 1, 2024, representing the contingent right to receive an equivalent number of Class A Common Stock shares.
• 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 according 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. It doesn't indicate any significant positive or negative developments for the company, but the correction itself is a positive sign of transparency and adherence to regulations.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies. It provides transparency to investors regarding the holdings of company insiders.

Stakeholder Impact

• The correction of the SEC filing ensures accurate information is available to shareholders regarding director stock ownership.

Key Dates

Keywords

SEC Form 4/A, UL Solutions, Director, James M. Shannon, Deferred Restricted Stock Units, Class A Common Stock, Amendment, Vesting