Form 4: UL Solutions Inc. Executive Acquires Dividend Equivalent Rights
SEC Form 4 Filing
Lynn H. Hancock, Executive Vice President & Chief Transformation Officer of UL Solutions Inc., reports acquisition of dividend equivalent rights related to restricted stock units.
Summary
- On June 18, 2024, Lynn H. Hancock, Executive Vice President & Chief Transformation Officer of UL Solutions Inc., acquired 11 dividend equivalent rights.
- These rights are linked to restricted stock units and vest proportionally with them.
- The reporting person directly owns these dividend equivalent rights.
Sentiment
Score: 5
Explanation: The document is a neutral report of an executive's acquisition of dividend equivalent rights, a standard part of executive compensation.
Industry Context
This is a routine disclosure related to executive compensation and is typical for publicly traded companies.
Stakeholder Impact
- The acquisition of dividend equivalent rights has a minimal direct impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 06/18/2024 | Date of transaction: Acquisition of dividend equivalent rights |
| 06/21/2024 | Date of signature for the Form 4 filing |
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