ULS UL Solutions Inc.

NEUTRAL Impact: 3/10 8-K
Horizon months Filed Jun 3, 2026 Processed 13d 11h ago SEC 0001901440-26-000019
8-K context-dependent: Items 5.02
Latest settled — T+5d
ULS ▼ -0.80% at T+5d
NEUTRAL call ✗ call lost -0.80% · α vs SPY +1.76% · entry $99.20 → $98.41
Next anchor: T+20d in 15d
Currently $95.33 · -3.90% from $99.20 entry
Entry anchored
Jun 3, 2026
via day open
T+1d
-2.41%
call -2.41% · α +0.19%
$96.81
settled 13d ago
T+5d
-0.80%
call -0.80% · α +1.76%
$98.41
settled 7d ago
T+20d
call — · α —
in 15d
T+60d
call — · α —
in 2mo

Price Chart

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Executive Summary

UL Solutions granted CEO Jennifer Scanlon a special one-time award of 200,120 performance share units (PSUs) valued at $20 million, vesting over 3-5 years based on stock price and relative TSR hurdles. This is a routine compensation event with no immediate financial impact on the company's operations or fundamentals.

Actionable Insight

This is a routine CEO retention and performance incentive grant. No trading signal. Monitor future 10-Qs for the compensation expense recognition and any updates on performance metric achievement.

Key Facts

  • CEO Jennifer Scanlon received a special one-time grant of 200,120 PSUs, valued at $20 million based on the closing price on the grant date.
  • PSUs vest in 30%/30%/40% increments on the 3rd, 4th, and 5th anniversaries, contingent on continued employment.
  • Stock price metric: 50-100% of PSUs earned if stock reaches $135.81-$181.08 (vs. baseline $90.54) between Dec 2028 and Jun 2031.
  • Relative TSR metric: 60% of PSUs earned if ULS TSR is at or above the 55th percentile of the S&P 500 through Jun 2031.
  • Award replaces incremental annual long-term incentive increases and does not vest upon retirement before vesting periods end.

Financial Impact

No immediate financial impact; $20 million in potential compensation expense spread over 5 years, subject to performance conditions.

compensation expensedilution

Risk Factors

  • Dilution from 200,120 PSUs if fully earned, representing ~0.1% of shares outstanding.
  • If performance targets are not met, the award may be forfeited, reducing future compensation expense.

Market Snapshot

Exchange
NYSE
Sector
Services-Testing Laboratories
Analyst Consensus
59% bullish (17 analysts)

Documents Analyzed

This report is based on 4 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001901440-26-000019
Document: 0001901440-26-000019-index-headers.html0001901440-26-000019
Document: 0001901440-26-000019-index.html0001901440-26-000019
Document: 0001901440-26-000019.txt0001901440-26-000019
8 reports for ULS
Performance horizon
100% Hit rate 3 of 3 directional calls best @ T+20▲ +9.17%Apr 13, 2026
Filters
Rows
Reports for ULS — sortable, filterable
Type Now
Jun 12, 2026
4d ago
Institutional Cluster
BULLISH ★ 6/10
$96.93 $96.99▲ +0.06%▼ −1.70%$95.33 (−1.65%)
Jun 11, 2026
5d ago
Institutional Cluster
MIXED ★ 4/10
$98.41 $96.93▼ −1.50%▼ −2.04%$95.33 (−3.13%)
Jun 3, 2026
13d ago
8-K
NEUTRAL ★ 3/10
$99.20 $96.81▼ −2.41%▲ +0.19%$95.33 (−3.90%)
May 7, 2026
5w ago
Insider Cluster
NEUTRAL ★ 3/10
$100.45 $98.86▼ −1.59%▼ −0.36%$95.33 (−5.10%)
May 5, 2026
6w ago
8-K
BULLISH ★ 8/10
$104.74 $104.89▲ +0.14%▼ −1.24%$95.33 (−8.98%)
May 1, 2026
6w ago
Insider Cluster
NEUTRAL ★ 4/10
$91.60 $90.10▼ −1.64%▼ −1.30%$95.33 (+4.07%)
Apr 13, 2026
9w ago
8-K
BULLISH ★ 7/10
$89.52 $90.42▲ +1.01%▲ +0.23%$95.33 (+6.49%)
Apr 1, 2026
10w ago
144
NEUTRAL ★ 3/10
$84.60 $84.07▼ −0.63%▼ −1.10%$95.33 (+12.68%)
Showing 8 of 8

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