UPS legal chief converts and sells 25,014 shares
United Parcel Service (UPS) Chief Legal & Compliance Officer Norman M. Brothers Jr. reported share conversions and sales.
Rhea-AI Filing Summary
United Parcel Service (UPS) Chief Legal & Compliance Officer Norman M. Brothers Jr. reported share conversions and sales. On January 26, 2026, he converted 25,014 Class A shares into 25,014 Class B shares at $0.00 per share, in line with the share terms.
On January 28, 2026, he sold a total of 25,014 Class B shares in three transactions: 388 shares at a weighted average price of $107.68, 3,241 shares at $106.68, and 21,385 shares at $106.04, reducing this Class B position to zero. The filing notes that sale prices are weighted averages across multiple trades within stated price ranges.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class B Common Stock | 388 | $107.68 | $42K |
| Sale | Class B Common Stock | 3,241 | $106.68 | $346K |
| Sale | Class B Common Stock | 21,385 | $106.04 | $2.27M |
| Other | Class A Common Stock | 25,014 | $0.00 | $0.00 |
| Other | Class B Common Stock | 25,014 | $0.00 | $0.00 |
Footnotes (5)
- F1. Conversion of shares of Class A common stock into Class B common stock in accordance with the terms thereof.
- F2. Includes 624.4350 shares in the reporting person's 401(k) account and 97.8476 shares acquired in the reporting person's Discounted Employee Stock Purchase Plan.
- F3. The price shown is the weighted average price at which shares were sold in multiple sales transactions made pursuant to a single market order. The range of prices for the transactions made was $107.51 to $108.04. Upon request by SEC staff, the issuer or a security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price.
- F4. The price shown is the weighted average price at which shares were sold in multiple sales transactions made pursuant to a single market order. The range of prices for the transactions made was $106.50 to $107.48. Upon request by SEC staff, the issuer or a security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price.
- F5. The price shown is the weighted average price at which shares were sold in multiple sales transactions made pursuant to a single market order. The range of prices for the transactions made was $105.49 to $106.49. Upon request by SEC staff, the issuer or a security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price.
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