UL Solutions Inc. Director George A. Williams Receives Routine Dividend Equivalent DRSUs

Executive Summary

On September 14, 2026, UL Solutions Inc. ($ULS) filed a Form 4 for Director George A. Williams. The filing reported the automatic accrual of a total of 19 Deferred Restricted Stock Units (DRSUs) on September 10, 2026, stemming from dividend equivalent rights on previously awarded DRSU tranches.

Transaction Breakdown

• Security: Deferred Restricted Stock Units (DRSUs convertible 1-for-1 into Class A Common Stock)
• Transaction Code: A (Grant/Award/Dividend Equivalent Accrual)
• Acquisitions Across Tranches:
  • Tranche 1 (Vested May 1, 2025): 10 DRSUs acquired (Total in tranche: 4,979 DRSUs)
  • Tranche 2 (Vested May 20, 2026): 5 DRSUs acquired (Total in tranche: 2,814 DRSUs)
  • Tranche 3 (Vesting May 20, 2027): 4 DRSUs acquired (Total in tranche: 2,213 DRSUs)
• Total Accrued: 19 DRSUs
• Price Per Share: $0.00
• Aggregate Ownership: 10,006 DRSUs across all reported tranches

Significance Assessment

Low Significance. This transaction represents routine non-discretionary dividend equivalent rights earned on existing deferred stock units under the Non-Employee Director Deferred Compensation Plan. There were no open-market purchases or sales.