Form 4: UL Solutions Inc. Executive Linda S. Chapin Reports Acquisition of Dividend Equivalent Rights
SEC Form 4 Filing
Linda S. Chapin, EVP & CHRO of UL Solutions Inc., reports the acquisition of dividend equivalent rights related to restricted stock units.
Summary
- On March 10, 2025, Linda S. Chapin, EVP & CHRO of UL Solutions Inc., acquired 10 dividend equivalent rights.
- These rights are economically equivalent to shares of UL Solutions Inc.'s Class A Common Stock.
- The dividend equivalent rights accrued on restricted stock units held by Chapin and vest proportionately with those units.
- Following the transaction, Chapin directly owns 44 dividend equivalent rights.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing an executive's acquisition of dividend equivalent rights. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates that a company executive has received dividend equivalent rights, which are often part of executive compensation packages.
Key Dates
| Date | Description |
|---|---|
| 03/10/2025 | Date of transaction: Acquisition of dividend equivalent rights |
| 03/12/2025 | Date of signature for the Form 4 filing |
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