Form 4: UL Solutions Inc. Executive Karen K. Pepping Reports Stock Transactions
SEC Form 4 Filing
Senior VP & CAO of UL Solutions Inc., Karen K. Pepping, reports the vesting and subsequent disposal of restricted stock units and dividend equivalent rights, along with tax withholding, resulting in changes to her beneficial ownership of Class A Common Stock.
Summary
- On May 1, 2025, Karen K. Pepping, Senior VP & CAO of UL Solutions Inc., reported transactions involving Class A Common Stock.
- These transactions included the vesting of 717 restricted stock units and 4 dividend equivalent rights, each convertible to one share of Class A Common Stock.
- Pepping also disposed of 212 shares of Class A Common Stock to satisfy tax withholding obligations at a price of $58.39 per share.
- Following these transactions, Pepping's direct ownership of Class A Common Stock is 5,501 shares, and she holds 1,435 restricted stock units and 17 dividend equivalent rights.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment. It simply reflects the execution of pre-existing compensation plans and standard tax practices.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to the market regarding the actions of company executives. It is a standard practice for publicly traded companies and their officers.
Stakeholder Impact
- The transactions have a minimal impact on shareholders, as they are related to executive compensation and tax obligations.
- The transactions do not directly affect employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date of earliest transaction: vesting of restricted stock units and dividend equivalent rights, and disposal of shares for tax withholding. |
| 05/06/2025 | Date of signature for the Form 4 filing. |
Keywords
UL Solutions Inc., Karen K. Pepping, Class A Common Stock, Restricted Stock Units, Dividend Equivalent Rights, Form 4, Beneficial Ownership, SEC, Insider Trading
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