UL Solutions president and CEO Jennifer Scanlon sells $876k in stock
UL Solutions CEO Jennifer Scanlon sold 12,500 shares of the company's Class A Common Stock on October 8, 2026, for approximately $876,035. The sales were made in accordance with a Rule 10b5-1 trading plan she established on December 9, 2025. The transactions occurred at prices between $70.00 and $70.15 per share, with a weighted average sale price of $70.0828.
This follows a period where UL Solutions stock has been trading near $70, a 17% decrease over the past six months. Despite the recent stock price decline, InvestingPro analysts view the company as undervalued, citing strong gross profit margins of 50% and a PEG ratio of 0.52. Ms. Scanlon currently holds 126,724 shares directly and an additional 89,285 shares indirectly through a family trust, with her spouse as trustee and her children as beneficiaries.
UL Solutions recently reported its second-quarter 2026 earnings, beating expectations with adjusted earnings of $0.59 per share and revenue of $816 million, reflecting 6.6% organic growth. The company also achieved an adjusted EBITDA of $219 million and margin expansion to 26.8%. While investors expressed concern about future spending and margins, William Blair maintained an Outperform rating for UL Solutions, highlighting the company's strong fundamentals and discussing growth dynamics with UL Solutions executives.
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