Form 4: UL Solutions EVP & CHRO Linda S. Chapin Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Linda S. Chapin, EVP & CHRO of UL Solutions Inc., reports transactions involving Class A Common Stock, including acquisitions, disposals, and vesting of restricted stock units.
Summary
- On April 1, 2025, Linda S. Chapin, EVP & CHRO of UL Solutions Inc., reported changes in beneficial ownership of the company's Class A Common Stock.
- These changes include the acquisition of 3,620 shares and the disposal of 8,493 shares at a price of $57.85.
- Additionally, 14,910 shares were acquired at $13.15, and 1,604 shares were disposed of at $57.85.
- Chapin also acquired 2,737 restricted stock units, each representing a contingent right to receive one share of Class A Common Stock, vesting in three equal installments annually.
- A stock appreciation right for 14,910 shares was also exercised.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the document primarily reports transactions without expressing a clear positive or negative outlook.
Positives
- The acquisition of shares through performance cash awards indicates achievement of certain performance criteria.
- The vesting of restricted stock units aligns the executive's interests with the long-term performance of the company.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor executive sentiment and potential alignment with company performance.
Stakeholder Impact
- Shareholders can use this information to assess the alignment of management's interests with their own.
- Employees may be interested in the executive's transactions as an indicator of company confidence.
Key Dates
| Date | Description |
|---|---|
| 04/01/2023 | Date exercisable for Stock Appreciation Right |
| 04/01/2025 | Date of earliest transaction and vesting of restricted stock units |
| 04/01/2025 | Expiration Date for Stock Appreciation Right |
| 04/03/2025 | Date of signature for the report |
Keywords
beneficial ownership, Form 4, UL Solutions, Class A Common Stock, restricted stock units, stock appreciation right, insider trading, executive compensation, Chapin, ULS
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