Form 4: UL Solutions Director Kevin Kennedy Reports Acquisition of Deferred Restricted Stock Units
SEC Form 4 Filing
Director Kevin Kennedy reports acquisition of 2,787 deferred restricted stock units in UL Solutions Inc.
Summary
- On May 20, 2025, Kevin Kennedy, a director of UL Solutions Inc., acquired 2,787 deferred restricted stock units.
- These units represent a contingent right to receive one share of the Issuer's Class A Common Stock.
- 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.
- Settlement will occur in shares of the Issuer's Class A Common Stock either on a date selected by the reporting person or as otherwise provided by the Plan.
Sentiment
Score: 5
Explanation: This is a neutral report on a director's stock unit acquisition, with no inherent positive or negative sentiment.
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 of a director's acquisition of deferred stock units, which is a common form of executive compensation.
Stakeholder Impact
- The acquisition of deferred stock units by a director aligns their interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/20/2025 | Date of transaction: acquisition of deferred restricted stock units |
| 05/22/2025 | Date of report filing |
Keywords
Form 4, UL Solutions Inc., Kevin Kennedy, Deferred Restricted Stock Units, Class A Common Stock, Director, Beneficial Ownership, Securities
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