Form 4: UL Solutions EVP Linda Chapin Reports Stock Transactions

Linda Chapin, EVP & CHRO of UL Solutions Inc., reports the vesting of restricted stock units and dividend equivalent rights, along with the subsequent disposition of shares to cover tax obligations.

Summary

• Linda Chapin, EVP & CHRO of UL Solutions Inc., filed a Form 4 detailing changes in beneficial ownership.
• On May 1, 2025, 1,434 restricted stock units vested, converting into Class A Common Stock.
• Additionally, 13 dividend equivalent rights vested, also converting into Class A Common Stock.
• Chapin disposed of 642 shares of Class A Common Stock at a price of $58.39 to satisfy tax obligations.
• Following these transactions, Chapin directly owns 11,023 shares of Class A Common Stock.
• Chapin also holds 2,870 restricted stock units and 31 dividend equivalent rights.

Sentiment

Score: 5

Explanation: The filing reflects routine transactions related to executive compensation and tax obligations, indicating a neutral sentiment.

Industry Context

Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, allowing investors to monitor management's perspective on the company's stock.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they are related to executive compensation and tax obligations.

Key Dates

Keywords

Form 4, Beneficial Ownership, UL Solutions, Stock Transaction, Restricted Stock Units, Dividend Equivalent Rights, Class A Common Stock, Insider Trading