{
  "id": 13297817,
  "title": "Ul solutions CEO Scanlon sells $876k of company stock",
  "url": "https://urgent.news/2026/10/10/ul-solutions-ceo-scanlon-sells-876k-of-company-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-10T01:15:54.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/ul-solutions-ceo-scanlon-sells-876k-of-company-stock-93CH-4941910"
  },
  "original_language": "en",
  "account": "Jenna Scanlon, the President and CEO of UL Solutions Inc., sold 12,500 shares of the company’s Class A Common Stock on October 8, 2026. The sales took place under a pre-established Rule 10b5-1 trading plan, which she had adopted in December 2025. The total value of the shares sold was approximately $876,035, with each share traded between $70.00 and $70.15, averaging $70.0828 per share. At the time of the sale, the stock was trading at $69.99, almost matching the sale price. However, the shares have experienced a 17% decline over the past six months.\n\nScanlon currently holds 126,724 shares directly and an additional 89,285 shares indirectly through a family trust, managed by her spouse and benefiting her children. Following the sale, her total holding in the company stands at 216,009 shares.\n\nMeanwhile, UL Solutions reported stronger-than-expected earnings for the second quarter of 2026. The company reported adjusted earnings of $0.59 per share, surpassing analyst expectations of $0.51. Revenue for the quarter increased to $816 million, with organic growth contributing 6.6%. The company also set a new quarterly record for adjusted EBITDA, reaching $219 million, and improved its profit margin to 26.8%.\n\nDespite the positive financial results, UL Solutions' stock price declined, as investors seemed more focused on concerns about future spending and the outlook on profit margins. William Blair maintained its Outperform rating for UL Solutions, highlighting the company's strong fundamentals, which were discussed during recent meetings with the executive team, including CEO Scanlon and CFO Ryan Robinson. These discussions covered growth prospects, demand drivers such as AI and electrification, and potential mergers and acquisitions.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Beta Technologies CEO Kyle Clark sells $612k in stock",
        "url": "https://urgent.news/2026/10/10/beta-technologies-ceo-kyle-clark-sells-612k-in-stock",
        "published": "2026-10-10T00:16:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}