Form 4: UL Solutions Inc. Executive Reports Dividend Equivalent Rights Acquisition
SEC Form 4 Filing
Karen Pepping, Senior VP & CAO of UL Solutions Inc., reports the acquisition of dividend equivalent rights related to restricted stock units.
Summary
- On June 18, 2024, Karen Pepping, Senior VP & CAO of UL Solutions Inc., reported acquiring dividend equivalent rights.
- These rights are associated with restricted stock units and vest proportionately with them.
- The acquisition involved 6 dividend equivalent rights, each equivalent to one share of UL Solutions Inc.'s Class A Common Stock.
Sentiment
Score: 7
Explanation: The document is a neutral regulatory filing. It doesn't contain information that would significantly sway investor sentiment positively or negatively.
Industry Context
This is a routine disclosure related to executive compensation and is typical for publicly traded companies. It provides transparency into the equity-based compensation of key executives.
Stakeholder Impact
- The acquisition of dividend equivalent rights has a minor impact on shareholders as it relates to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 06/18/2024 | Date of transaction: Acquisition of dividend equivalent rights |
| 06/21/2024 | Date of signature for the Form 4 filing |
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