4/A: UL Solutions Executive Corrects Stock Ownership After Award Settlement

Weifang Zhou, an executive at UL Solutions, filed an amended Form 4 to correct the number of shares withheld for taxes upon settlement of performance cash awards.

Summary

• Weifang Zhou, Executive Vice President & President, Testing, Inspection and Certification at UL Solutions Inc. [ULS], filed an amended Form 4 with the SEC on April 8, 2025.
• The amendment corrects an error in the initial Form 4 filed on April 3, 2025, regarding the number of shares withheld in connection with the settlement of performance cash awards granted under the Issuer's Pre-IPO Long Term Incentive Plan.
• On April 1, 2025, 3,809 shares of Class A Common Stock were withheld at a price of $57.85 per share.
• Following the transaction, Zhou directly owns 43,652 shares of Class A Common Stock.
• The filing indicates that the transaction was related to tax obligations arising from the settlement of performance cash awards.

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 a positive.

Industry Context

Form 4 filings are standard practice for company insiders to report changes in their beneficial ownership of company stock, ensuring transparency and compliance with SEC regulations.

Stakeholder Impact

• The correction of the stock ownership information ensures transparency for shareholders.

Key Dates

Keywords

Form 4, UL Solutions, Stock Ownership, Weifang Zhou, Amendment, SEC Filing, Class A Common Stock, Performance Cash Awards, Pre-IPO Long Term Incentive Plan