UPS grants 29,223 RSUs to chief digital officer

UNITED PARCEL SERVICE INC (UPS) reported that Chief Digital & Tech Officer Subramanian Bala received a grant of 29,223 restricted stock units on September 1, 2026 under the United Parcel Service, Inc. Incentive Compensation Plan.

Rhea-AI Filing Summary

UNITED PARCEL SERVICE INC (UPS) reported that Chief Digital & Tech Officer Subramanian Bala received a grant of 29,223 restricted stock units on September 1, 2026 under the United Parcel Service, Inc. Incentive Compensation Plan. Each unit will automatically convert into one share of Class A common stock as it vests, with 25% vesting on each of September 1, 2027 and 2028, and 50% on September 1, 2029. Following this award, Bala is reported as directly holding 29,223 restricted stock units. No Rule 10b5-1 trading plan is reported for this award.

Insider Trade Summary

Grant/Award: 29,223 shares

Grant/Award 1 txn

Insider Subramanian Bala

Role Chief Digital & Tech Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units F1, F2	29,223	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 29,223 contracts (Direct)

Footnotes (2)

1. F1. Restricted stock units granted under the United Parcel Service, Inc. Incentive Compensation Plan. Each unit automatically converts into one share of Class A common stock.
2. F2. Restricted stock units vest as follows: 25% on each of September 1, 2027 and 2028; 50% on September 1, 2029.

Key Figures

Restricted stock units granted: 29,223 units RSU holdings after grant: 29,223 units Vesting on September 1, 2027: 25% of units +2 more

5 metrics

Restricted stock units granted 29,223 units Grant to Chief Digital & Tech Officer on September 1, 2026

RSU holdings after grant 29,223 units Directly held restricted stock units following the reported transaction

Vesting on September 1, 2027 25% of units First vesting tranche of the RSU award

Vesting on September 1, 2028 25% of units Second vesting tranche of the RSU award

Vesting on September 1, 2029 50% of units Final vesting tranche of the RSU award

Key Terms

Restricted stock units, Incentive Compensation Plan, Class A common stock

3 terms

Restricted stock units financial

"Restricted stock units granted under the United Parcel Service, Inc. Incentive Compensation Plan."

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.

Incentive Compensation Plan financial

"Restricted stock units granted under the United Parcel Service, Inc. Incentive Compensation Plan."

An incentive compensation plan is a formal program that rewards employees and executives with bonuses, stock, or other payments tied to specific performance goals—such as revenue, profit, productivity, or long‑term share price. Investors watch these plans because they shape how leaders make decisions and take risks; like paying a coach by wins rather than effort, well‑designed plans can drive sustainable growth while poor designs can encourage short‑term behaviors that harm shareholder value.

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.

FAQ

What did UPS (UPS) disclose about Subramanian Bala in this Form 4?

UPS reported that Chief Digital & Tech Officer Subramanian Bala received a grant of 29,223 restricted stock units on September 1, 2026 under the company’s Incentive Compensation Plan.

How many UPS (UPS) restricted stock units were granted to Subramanian Bala?

Subramanian Bala was granted 29,223 restricted stock units. Following this grant, he is reported as directly holding 29,223 restricted stock units in UNITED PARCEL SERVICE INC.

What is the vesting schedule for Subramanian Bala’s UPS (UPS) RSU grant?

The restricted stock units vest as follows: 25% on September 1, 2027, 25% on September 1, 2028, and 50% on September 1, 2029, according to the Form 4 footnote.

Into what does Subramanian Bala’s RSU grant at UPS (UPS) convert?

Each restricted stock unit granted to Subramanian Bala automatically converts into one share of Class A common stock of UNITED PARCEL SERVICE INC as it vests.

Was Subramanian Bala’s UPS (UPS) RSU grant made under a Rule 10b5-1 trading plan?

No. The Form 4 indicates that the Rule 10b5-1 checkbox is not marked, so no Rule 10b5-1 trading plan is reported in connection with this RSU grant.

What type of security was granted to Subramanian Bala by UPS (UPS)?

UPS granted restricted stock units to Subramanian Bala. These units were issued under the United Parcel Service, Inc. Incentive Compensation Plan and each unit will convert into one share of Class A common stock upon vesting.

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Available on EDGAR 09/03/2026 - 06:04 PM Accepted by SEC EDGAR 09/03/2026 - 06:00 PM Learn about SEC filing dates

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^*

Subramanian Bala

(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 Digital & Tech Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/01/2026

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)
			Code	V	Amount	(A) or (D)	Price

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	09/01/2026		A		29,223		(2)	(2)	Class A Common Stock	29,223	$0.0000	29,223	D

Explanation of Responses:

1. Restricted stock units granted under the United Parcel Service, Inc. Incentive Compensation Plan. Each unit automatically converts into one share of Class A common stock.

2. Restricted stock units vest as follows: 25% on each of September 1, 2027 and 2028; 50% on September 1, 2029.

	Michael Hanson, Power of Attorney	09/03/2026
	** 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)