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

Kevin Kennedy, a director at UL Solutions Inc., filed an amended SEC Form 4/A to correct details regarding a deferred restricted stock unit grant.

Summary

• Kevin Kennedy, a director of UL Solutions Inc., filed an amendment to a previously submitted SEC Form 4 to correct information about a deferred restricted stock unit grant.
• The original filing on April 18, 2024, inadvertently reported the grant early.
• A subsequent Form 4 was filed on May 23, 2024.
• This amendment, filed on May 6, 2024, 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 details.
• The director 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.
• Settlement will occur in shares of Class A Common Stock either on a date selected by the reporting person or as otherwise 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 indicate any significant positive or negative developments for the company, but accuracy in reporting is always viewed favorably.

Industry Context

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

Key Dates

Keywords

SEC Filing, Form 4/A, UL Solutions, Director, Kevin Kennedy, Deferred Restricted Stock Units, Class A Common Stock, Vesting, Amendment