UL Solutions Director James M. Shannon Receives Dividend Equivalent DRSUs

Executive Summary

On September 14, 2026, UL Solutions Inc. ($ULS) filed a Form 4 disclosing that Director James M. Shannon received a total of 19 Deferred Restricted Stock Units (DRSUs) on September 10, 2026. The units were awarded at $0.00 per share as dividend equivalent rights credited on existing DRSU holdings under the Issuer's Non-Employee Director Deferred Compensation Plan.

Transaction Breakdown

• Security: Deferred Restricted Stock Units (contingent right to receive Class A Common Stock)
• Transaction Code: A (Grant, award, or other acquisition)
• Number of Units:
  • 10 DRSUs (underlying post-transaction balance of 4,979 units)
  • 5 DRSUs (underlying post-transaction balance of 2,814 units)
  • 4 DRSUs (underlying post-transaction balance of 2,213 units)
  • Total: 19 DRSUs
• Price Per Unit: $0.00
• Nature of Ownership: Direct

Significance & Market Impact

This transaction represents an automatic accrual of dividend equivalent units rather than an open-market purchase or discretionary insider acquisition. Consequently, it carries Low trading significance and does not signal directional insider sentiment.