Form 4: UL Solutions Inc. Executive Lynn Hancock Reports Stock Transactions

Executive Lynn Hancock of UL Solutions Inc. reports multiple transactions involving Class A Common Stock, Dividend Equivalent Rights, and Stock Appreciation Rights on December 9, 2024.

Summary

• Lynn Hancock, an executive at UL Solutions Inc., engaged in several transactions on December 9, 2024.
• These transactions included the acquisition of 2,000 shares of Class A Common Stock at $13.15 per share, the disposition of 942 shares at $52.34 per share, and the acquisition of 9 shares of Class A Common Stock.
• Additionally, there were transactions involving 6,058 Dividend Equivalent Rights and 2,000 Stock Appreciation Rights.
• The dividend equivalent rights are tied to restricted stock units and vest proportionally with them.
• The reporting person is the Executive Vice President & Chief Transformation Officer.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.

Management Comments

• Ryan Robinson, Attorney-in-Fact for Lynn Hancock, signed the report.

Industry Context

This is a standard disclosure of stock transactions by a company executive, which is common practice for publicly traded companies.

Comparison to Industry Standards

• The reporting of stock transactions by executives is a standard practice across publicly listed companies, such as those listed on the NYSE or NASDAQ.
• Similar filings can be seen from executives at companies like Apple (AAPL), Microsoft (MSFT), and Amazon (AMZN), where they disclose their stock purchases and sales.
• The specific details of the transactions, such as the number of shares and prices, are unique to each individual and company, but the overall process of disclosure is consistent.

Stakeholder Impact

• The transactions may have a minor impact on the stock price, but are unlikely to be significant.

Key Dates

Keywords

UL Solutions Inc., stock transactions, Class A Common Stock, Dividend Equivalent Rights, Stock Appreciation Rights, executive, Lynn Hancock