UPS director granted 1,948 restricted stock units
UNITED PARCEL SERVICE INC director Kevin P. Clark received a grant of 1,948 Restricted Stock Units on UPS Class A common stock.
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Rhea-AI Filing Summary
UNITED PARCEL SERVICE INC director Kevin P. Clark received a grant of 1,948 Restricted Stock Units on UPS Class A common stock. Each unit is equivalent to one share of Class A common stock and converts on a one-for-one basis when his service as a director ends. After this award, Clark holds a total of 4,534.222 Restricted Stock Units, which also include units credited from dividends paid on the underlying Class A common stock. This is a compensation-related equity grant rather than an open-market stock purchase or sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,948 | $0.00 | $0.00 |
Footnotes (3)
- F1. One unit is equivalent to one share of UPS Class A common stock.
- F2. Restricted stock units convert into shares of UPS Class A common stock on a one for one basis upon termination of service as a director.
- F3. Includes units credited upon the payment of dividends on the underlying Class A common stock.
Key Figures
Key Terms
Restricted Stock Units financial
Class A Common Stock financial
dividends financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did UPS (UPS) director Kevin P. Clark report in this Form 4 filing?
How many UPS Restricted Stock Units does Kevin P. Clark hold after this grant?
What is the conversion ratio for UPS Restricted Stock Units reported in this filing?
Does Kevin P. Clark’s UPS Form 4 show any stock sales or purchases in the market?
How are dividends reflected in Kevin P. Clark’s UPS Restricted Stock Units balance?
AI-generated analysis. How Rhea-AI works. Not financial advice.