Form 4: UL Solutions Executive Reports Stock Transactions
Statement of Changes in Beneficial Ownership
Alex Dadakis, Executive Vice President at UL Solutions, reported transactions involving Class A Common Stock and Restricted Stock Units.
Summary
- Alex Dadakis, Executive Vice President and President of Testing, Inspection and Certification at UL Solutions Inc., reported a series of transactions on April 1, 2026.
- These transactions involved the acquisition and disposition of Class A Common Stock and Restricted Stock Units (RSUs).
- Specifically, 1,739 shares of Class A Common Stock were acquired, and 771 shares were disposed of at a price of $84.57.
- Additionally, 1,739 RSUs were acquired, and 5,912 RSUs were acquired.
- Following these transactions, Mr. Dadakis beneficially owns 5,806 shares of Class A Common Stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it primarily reports routine stock transactions and RSU vesting by an executive, without indicating significant positive or negative strategic shifts.
Positives
- Acquisition of 1,739 shares of Class A Common Stock.
- Acquisition of 1,739 Restricted Stock Units (RSUs).
- Acquisition of an additional 5,912 RSUs.
Negatives
- Disposition of 771 shares of Class A Common Stock at $84.57 per share.
Future Outlook
Certain restricted stock units vest in three equal installments on the first, second, and third anniversaries of April 1, 2025, and April 1, 2026, respectively.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider stock transactions, providing transparency into executive ownership and trading activity within the testing, inspection, and certification industry.
Stakeholder Impact
- Shareholders gain insight into executive stock holdings and potential selling pressure or accumulation.
Next Steps
- Vesting of restricted stock units on subsequent anniversaries of April 1, 2025, and April 1, 2026.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | First anniversary for vesting of certain restricted stock units. |
| 04/01/2026 | Earliest transaction date reported; also the first anniversary for vesting of other restricted stock units and the vesting date for a new grant of restricted stock units. |
| 04/03/2026 | Date the Form 4 was signed by the reporting person's attorney-in-fact. |
Keywords
UL Solutions, Form 4, Stock Transaction, Class A Common Stock, Restricted Stock Units, Executive Compensation, SEC Filing, Beneficial Ownership
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