UL Solutions grants CEO Jennifer Scanlon $20M performance award tied to 50-100% stock gains

Filed June 3, 2026 · Period ending June 1, 2026 · ~1 min read

Key Changes

• high

  CEO receives 200,120 performance share units valued at $20M, vesting over 5 years based on stock price reaching $135.81-$181.08 (50-100% gains from $90.54 baseline) or achieving 55th percentile TSR vs S&P 500.

  Item 5.02 verify on EDGAR →
• high

  Award requires stock price to hit at least $135.81 by June 2031 to earn any payout (50% of award), with full payout at $181.08. Below $135.81, zero PSUs vest regardless of service.

  8-K: Stock Price Metric verify on EDGAR →
• high

  Alternative metric allows up to 60% payout if company TSR ranks at/above 55th percentile of S&P 500 over five years, providing relative performance benchmark if absolute stock targets aren't met.

  8-K: Relative TSR Metric verify on EDGAR →