Form 4: UL Solutions Inc. Executive Jennifer F. Scanlon Reports Changes in Beneficial Ownership

Jennifer F. Scanlon, President and CEO of UL Solutions Inc., reports transactions involving Class A Common Stock and Restricted Stock Units.

Summary

• On April 1, 2025, Jennifer F. Scanlon, President and CEO of UL Solutions Inc., reported changes in her beneficial ownership of the company's securities.
• These changes involve transactions in Class A Common Stock and Restricted Stock Units.
• Scanlon acquired 39,817 shares of Class A Common Stock upon settlement of performance cash awards at a price of $57.85.
• She also acquired 42,491 Restricted Stock Units, each representing a contingent right to receive one share of Class A Common Stock, which will vest in three equal installments on the first, second, and third anniversary of the grant date.
• Additionally, 131,212 shares were acquired at $13.15 and then disposed of.
• Scanlon disposed of 74,741 shares at $57.85 and 17,639 shares at $57.85 to cover tax obligations.
• Following these transactions, Scanlon directly owns 89,891 shares of Class A Common Stock and indirectly owns 89,285 shares through a family trust.
• She also directly owns 42,491 Restricted Stock Units.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The filing reflects routine transactions related to executive compensation and tax obligations. There are no indications of unusual or concerning activity.

Positives

• The acquisition of 39,817 shares of Class A Common Stock indicates confidence in the company's performance.
• The vesting of 42,491 Restricted Stock Units incentivizes long-term performance and alignment with shareholder interests.

Negatives

• The disposal of 74,741 and 17,639 shares to cover tax obligations, while common, could be perceived negatively if the market interprets it as a lack of confidence, although it is a standard practice.

Risks

• The vesting schedule of the Restricted Stock Units could lead to future sales of shares, potentially impacting the stock price.
• Market fluctuations could affect the value of the Class A Common Stock and the Restricted Stock Units.

Industry Context

Form 4 filings are standard practice for corporate insiders to report transactions in their company's securities, providing transparency to the market.

Comparison to Industry Standards

• Similar filings are common among executives at publicly traded companies like Intertek, Bureau Veritas, and SGS S.A., who also report changes in their ownership positions.
• The vesting schedules for restricted stock units are typical, often spanning three to five years to align executive compensation with long-term company performance.
• Tax-related disposals of shares are a routine part of executive compensation and are seen across various industries.

Stakeholder Impact

• The transactions provide transparency to shareholders regarding executive ownership and alignment with company performance.
• Employees may be impacted by the company's overall performance, which is influenced by executive decisions and incentives.

Key Dates

Keywords

Beneficial Ownership, Form 4, UL Solutions Inc., Jennifer F. Scanlon, Class A Common Stock, Restricted Stock Units, Securities, Transactions