Form 4: UL Solutions EVP Hancock Reports Stock Transactions
Insider Transaction Report
UL Solutions Executive Vice President Lynn H. Hancock reported recent transactions involving Class A Common Stock and Restricted Stock Units.
Summary
- Lynn H. Hancock, Executive Vice President & Chief Transformation Officer of UL Solutions Inc., reported transactions involving the company's Class A Common Stock and Restricted Stock Units (RSUs).
- On January 1, 2026, 1,007 Restricted Stock Units (RSUs) vested and were converted into 1,007 shares of Class A Common Stock.
- Following this, on January 2, 2026, 349 shares of Class A Common Stock were disposed of at a price of $78.86 per share, likely to cover tax obligations related to the RSU vesting.
- After these transactions, Hancock directly beneficially owns 13,120 shares of Class A Common Stock and 2,023 Restricted Stock Units.
- The remaining 2,023 RSUs are scheduled to vest in three equal installments on the first, second, and third anniversaries of January 1, 2025.
Sentiment
Score: 5
Explanation: Routine insider transaction reporting the vesting of Restricted Stock Units and subsequent tax-related disposition of shares.
Positives
- Acquisition of 1,007 shares of Class A Common Stock through the vesting and conversion of Restricted Stock Units, increasing direct ownership.
- Continued beneficial ownership of 13,120 Class A Common Stock shares and 2,023 Restricted Stock Units, aligning executive interests with shareholders.
Negatives
- Disposition of 349 shares of Class A Common Stock at $78.86 per share, likely for tax withholding purposes, reducing the direct share count.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders may view the executive's continued ownership and vesting of equity as a positive sign of alignment with shareholder interests, though the tax-related disposition is a routine event.
Next Steps
- Remaining Restricted Stock Units will vest in three equal installments on the first, second, and third anniversaries of January 1, 2025.
Key Dates
| Date | Description |
|---|---|
| January 1, 2025 | Start date for the vesting schedule of Restricted Stock Units. |
| January 1, 2026 | Vesting and conversion of 1,007 Restricted Stock Units into Class A Common Stock. |
| January 2, 2026 | Disposition of 349 Class A Common Stock shares for tax withholding. |
| January 5, 2026 | Date the Form 4 was signed and filed. |
Keywords
UL Solutions, ULS, Form 4, Insider Trading, Stock Transactions, Restricted Stock Units, RSU, Executive Compensation
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.