UL Solutions Inc. Files 8-K on Director/Officer Changes

TL;DR

UL Solutions filed an 8-K today covering board and exec comp changes.

AI Summary

On December 3, 2024, UL Solutions Inc. filed an 8-K report detailing changes in its board of directors and executive compensation. The filing includes the appointment of new officers and adjustments to compensatory arrangements for certain key personnel. This report also covers Regulation FD disclosures and financial statement exhibits.

Why It Matters

Changes in board composition and executive compensation can signal shifts in company strategy or governance, impacting investor confidence and future performance.

Risk Assessment

Risk Level: low — The filing is routine and pertains to corporate governance and compensation, not immediate financial distress or significant operational changes.

Key Players & Entities

• UL Solutions Inc. (company) — Registrant
• December 3, 2024 (date) — Date of earliest event reported
• Delaware (jurisdiction) — State of incorporation
• 001-42012 (other) — SEC File Number
• 27-0913800 (other) — I.R.S. Employer Identification Number
• 333 Pfingsten Rd (address) — Principal executive offices address
• Northbrook, Illinois 60062 (address) — Principal executive offices city, state, zip

FAQ

Key Financial Figures

• $0.001 — tered Class A Common Stock, par value $0.001 per share ULS New York Stock Exchange
• $550,000 — with an initial gross annual salary of $550,000, a cash sign-on bonus of $100,000 (subj
• $100,000 — ry of $550,000, a cash sign-on bonus of $100,000 (subject to full claw back should Mr. D
• $900,000 — 024 LTIP") with a target grant value of $900,000 for 2025 and a one-time grant of Restri
• $825,000 — der the 2024 LTIP with a grant value of $825,000, which will vest on a 3-year ratable ve
• $250,000 — der the 2024 LTIP with a grant value of $250,000, which will vest on a 3-year ratable ve

Filing Documents

• uls-20241203.htm (8-K) — 35KB
• exhibit1011258-k.htm (EX-10.1) — 26KB
• exhibit1021258-k.htm (EX-10.2) — 59KB
• exhibit991ulspressrelease1.htm (EX-99.1) — 8KB
• 0001901440-24-000026.txt ( ) — 272KB
• uls-20241203.xsd (EX-101.SCH) — 2KB
• uls-20241203_lab.xml (EX-101.LAB) — 21KB
• uls-20241203_pre.xml (EX-101.PRE) — 12KB
• uls-20241203_htm.xml (XML) — 3KB

01. Regulation FD Disclosure

Item 7.01. Regulation FD Disclosure A press release announcing the hiring of Mr. Dadakis as Executive Vice President, Chief Business Operations and Innovation Officer is furnished as Exhibit 99.1 hereto. The information contained in this Item 7.01 of this current report, including the press release furnished as Exhibit 99.1 hereto, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits (d) Exhibits Exhibit Number Description 10.1 Offer Letter, dated as of December 3, 2024, by and between UL Solutions Inc. and Alex Dadakis 10.2 Amended and Restated Employment Contract, dated as of December 3, 2024, by and between UL International Demko A/S and Gitte Schjtz 99.1 Press Release of UL Solutions Inc., dat ed as of December 5, 2024 104 Cover page interactive data file (embedded with the inline XBRL document) Signature Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. UL Solutions Inc. Date: December 5, 2024 By: /s/ Ryan D. Robinson Ryan D. Robinson Executive Vice President and Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR