UPS (NYSE: UPS) director receives 1,948 Restricted Stock Units in equity grant
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CLARK KEVIN P
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,948 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 4,534.222 shares (Direct, null)
Footnotes (1)
- One unit is equivalent to one share of UPS Class A common stock. 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. Includes units credited upon the payment of dividends on the underlying Class A common stock.
Key Figures
RSU grant: 1,948 units
Total RSU holdings: 4,534.222 units
Underlying shares per RSU: 1 share per unit
+1 more
4 metrics
RSU grant
1,948 units
Restricted Stock Units granted on Class A common stock
Total RSU holdings
4,534.222 units
Restricted Stock Units held after the reported grant
Underlying shares per RSU
1 share per unit
Each RSU converts into one UPS Class A common share
Transaction price per unit
$0.0000
Grant price for the Restricted Stock Units
Key Terms
Restricted Stock Units, Class A Common Stock, dividends
3 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units""
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Class A Common Stock financial
"underlying_security_title: "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
dividends financial
"Includes units credited upon the payment of dividends on the underlying Class A common stock."
Dividends are cash payments a company gives to its shareholders from profits or cash reserves, effectively sharing part of its earnings with owners. They matter to investors because they provide a steady income stream, act like an interest or rent payment on owning the stock, and signal management’s confidence in the business—factors that influence total return and share price. Regular or special dividends can change an investor’s income and reinvestment strategy.
FAQ
What did UPS (UPS) director Kevin P. Clark report in this Form 4 filing?
Kevin P. Clark reported receiving a grant of 1,948 Restricted Stock Units tied to UPS Class A common stock. These units are part of his director compensation and are not an open-market stock purchase or sale.
How many UPS Restricted Stock Units does Kevin P. Clark hold after this grant?
After the 1,948-unit grant, Kevin P. Clark holds 4,534.222 Restricted Stock Units. This total includes prior awards and additional units credited when UPS pays dividends on the underlying Class A common stock.
What is the conversion ratio for UPS Restricted Stock Units reported in this filing?
Each Restricted Stock Unit is equivalent to one share of UPS Class A common stock. The units convert into shares on a one-for-one basis when Clark’s service as a director terminates, according to the disclosed terms.
Does Kevin P. Clark’s UPS Form 4 show any stock sales or purchases in the market?
The filing shows only a grant of 1,948 Restricted Stock Units as director compensation. It does not report any open-market purchases or sales of UPS Class A common stock by Kevin P. Clark.
How are dividends reflected in Kevin P. Clark’s UPS Restricted Stock Units balance?
The total of 4,534.222 Restricted Stock Units includes units credited when UPS pays dividends on the underlying Class A common stock. These dividend-related credits increase the RSU balance over time under the plan’s terms.