UPS (NYSE: UPS) awards 8,911 restricted stock units to legal chief

Q: How do the 8,911 UPS restricted stock units for Norman Brothers vest?

The 8,911 UPS restricted stock units vest in three equal installments . One-third vests on May 6, 2027, another third on May 6, 2028, and the final third on May 6, 2029, aligning the award with multi-year performance and retention.

Q: Is the UPS Form 4 transaction for Norman Brothers a stock purchase or sale?

The transaction is an equity award , not an open-market purchase or sale. UPS granted restricted stock units as compensation, recorded under transaction code A for a grant or award acquisition, with no cash price per unit in this filing.

Q: What happens to each UPS restricted stock unit awarded to Norman Brothers?

Each restricted stock unit automatically converts into one share of UPS Class A common stock. Conversion occurs as the units vest according to the schedule in 2027, 2028, and 2029, providing future share ownership tied to continued service.

Q: How many UPS restricted stock units does Norman Brothers hold after this Form 4 transaction?

After this transaction, Norman Brothers holds 8,911 restricted stock units directly. This total matches the newly granted award, indicating his reported derivative holdings in these units are entirely from this long-term incentive grant.

Q: When do Norman Brothers’ UPS restricted stock units expire if unconverted?

The restricted stock units have an expiration date of May 6, 2029 . They are designed to vest over three years before that date, converting to Class A common stock as vesting milestones on May 6, 2027, 2028, and 2029 are reached.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

United Parcel Service granted Chief Legal & Compliance Officer Norman M. Brothers Jr. an award of 8,911 restricted stock units under a Long Term Incentive Program. Each unit will convert into one share of Class A common stock as it vests.

The restricted stock units vest in thirds, with one-third vesting on each of May 6, 2027, May 6, 2028, and May 6, 2029. After this award, Brothers holds 8,911 restricted stock units directly, reflecting routine equity-based compensation rather than an open-market share purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Brothers Norman M. Jr

Role Chief Legal & Compliance Off

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units 2026	8,911	$0.00	--

Holdings After Transaction: Restricted Stock Units 2026 — 8,911 shares (Direct, null)

Footnotes (1)

Restricted stock units awarded as a component of Long Term Incentive Program award. Each unit automatically converts into one share of Class A common stock. Restricted stock units vest as follows: 1/3rd on each of May 6, 2027, 2028 and 2029.

Key Figures

RSUs granted: 8,911 units Transaction price per unit: $0.0000 Underlying shares: 8,911 shares +5 more

8 metrics

RSUs granted 8,911 units Restricted Stock Units 2026 grant on May 6, 2026

Transaction price per unit $0.0000 Grant price for restricted stock units

Underlying shares 8,911 shares Class A common stock underlying the RSUs

Holdings after transaction 8,911 units Total restricted stock units following grant

Vesting schedule start May 6, 2027 First one-third of RSUs vest

Vesting schedule end May 6, 2029 Final one-third of RSUs vest

RSU expiration date May 6, 2029 Expiration date of restricted stock units

Conversion ratio 1 unit : 1 share Each RSU converts into one Class A share

Key Terms

Restricted stock units, Long Term Incentive Program, Class A common stock, vest

4 terms

Restricted stock units financial

"Restricted stock units awarded as a component of Long Term Incentive Program award."

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.

Long Term Incentive Program financial

"Restricted stock units awarded as a component of Long Term Incentive Program award."

A long term incentive program is a multi-year pay plan that gives key employees stock, stock options or cash rewards only if the company meets predefined performance goals or the employees stay with the company. It matters to investors because it aligns managers’ decisions with shareholder interests, affects future earnings through compensation costs and potential share dilution, and signals how leadership is being motivated to grow the business—like a multi-year bonus tied to the company’s scoreboard.

Class A common stock financial

"Each unit automatically converts into one share of 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.

vest financial

"Restricted stock units vest as follows: 1/3rd on each of May 6, 2027, 2028 and 2029."

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

Form 4 Insider Transactions: What Each Field Means →

05/08/2026 - 04:31 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Brothers Norman M. Jr

(Last)

(First)

(Middle)

55 GLENLAKE PARKWAY, NE

(Street)

ATLANTA

GEORGIA

30328

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
UNITED PARCEL SERVICE INC [ UPS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Legal & Compliance Off

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/06/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units 2026	⁽¹⁾	05/06/2026		A		8,911		⁽²⁾	05/06/2029	Class A Common Stock	8,911	$0.0000	8,911	D

Explanation of Responses:

1. Restricted stock units awarded as a component of Long Term Incentive Program award. Each unit automatically converts into one share of Class A common stock.

2. Restricted stock units vest as follows: 1/3rd on each of May 6, 2027, 2028 and 2029.

	Michael Hanson, Power of Attorney	05/08/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did UPS insider Norman M. Brothers Jr. receive in this Form 4 filing for UPS?

Norman M. Brothers Jr., UPS Chief Legal & Compliance Officer, received 8,911 restricted stock units as a Long Term Incentive Program award. Each unit will convert into one share of UPS Class A common stock when it vests over future years.

How do the 8,911 UPS restricted stock units for Norman Brothers vest?

The 8,911 UPS restricted stock units vest in three equal installments. One-third vests on May 6, 2027, another third on May 6, 2028, and the final third on May 6, 2029, aligning the award with multi-year performance and retention.

Is the UPS Form 4 transaction for Norman Brothers a stock purchase or sale?

The transaction is an equity award, not an open-market purchase or sale. UPS granted restricted stock units as compensation, recorded under transaction code A for a grant or award acquisition, with no cash price per unit in this filing.

What happens to each UPS restricted stock unit awarded to Norman Brothers?

Each restricted stock unit automatically converts into one share of UPS Class A common stock. Conversion occurs as the units vest according to the schedule in 2027, 2028, and 2029, providing future share ownership tied to continued service.

How many UPS restricted stock units does Norman Brothers hold after this Form 4 transaction?

After this transaction, Norman Brothers holds 8,911 restricted stock units directly. This total matches the newly granted award, indicating his reported derivative holdings in these units are entirely from this long-term incentive grant.

When do Norman Brothers’ UPS restricted stock units expire if unconverted?

The restricted stock units have an expiration date of May 6, 2029. They are designed to vest over three years before that date, converting to Class A common stock as vesting milestones on May 6, 2027, 2028, and 2029 are reached.