Form 4: UL Solutions Executive Gitte Schjotz Reports Stock Transactions
SEC Form 4
Gitte Schjotz, Executive Vice President & Chief Science and Operations Officer at UL Solutions, reports acquisition and disposal of Class A Common Stock.
Summary
- On October 1, 2024, Gitte Schjotz, an executive at UL Solutions Inc., engaged in transactions involving Class A Common Stock.
- Schjotz acquired 25,082 shares of Class A Common Stock at a price of $7.43.
- She also disposed of 3,791 shares of Class A Common Stock at a price of $49.16.
- Following these transactions, Schjotz directly owns 39,148 shares of Class A Common Stock.
- The transactions involved stock appreciation rights.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a key executive.
- The transactions are part of the executive's compensation and incentive structure.
Key Dates
| Date | Description |
|---|---|
| 10/01/2020 | Date exercisable for Stock Appreciation Right |
| 10/01/2024 | Date of transaction (acquisition and disposal of stock) |
| 10/01/2024 | Expiration date for Stock Appreciation Right |
| 10/03/2024 | Date of signature for the Form 4 filing |
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