Form 4: UL Solutions Inc. Executive Karen K. Pepping Reports Acquisition of Dividend Equivalent Rights
SEC Filing Form 4
Senior VP & CAO of UL Solutions Inc., Karen K. Pepping, reports acquiring dividend equivalent rights related to restricted stock units.
Summary
- Karen K. Pepping, Senior VP & CAO of UL Solutions Inc., filed a Form 4 on March 12, 2025, reporting a transaction.
- The transaction involved the acquisition of 5 dividend equivalent rights on March 10, 2025.
- These rights are linked to restricted stock units held by Pepping and vest proportionally with those units.
- Each dividend equivalent right represents the economic equivalent of one share of UL Solutions Inc.'s Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The acquisition of dividend equivalent rights by an executive may be of interest to shareholders as it relates to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/10/2025 | Date of transaction: Acquisition of dividend equivalent rights. |
| 03/12/2025 | Date of Form 4 filing. |
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