UPS executive exercises RSUs; shares withheld for taxes
UNITED PARCEL SERVICE INC executive Kathleen M. Gutmann exercised restricted stock units that converted into 3,551.5808 shares of Class A common stock for no cash consideration, then had 1,582 shares withheld to cover tax obligations.
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Form Type
4
Rhea-AI Filing Summary
UNITED PARCEL SERVICE INC executive Kathleen M. Gutmann exercised restricted stock units that converted into 3,551.5808 shares of Class A common stock for no cash consideration, then had 1,582 shares withheld to cover tax obligations. After these routine compensation-related transactions, she directly holds 99,443.7051 shares, plus 10,655 restricted stock units.
Insider Trade Summary
3,551.5808 shares exercised/converted
Exercise
3 txns
Insider
Gutmann Kathleen M.
Role
Pres Intl, Healthcare and SCS
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,551.5808 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 3,551.5808 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 1,582 | $100.78 | $159K |
Holdings After Transaction:
Restricted Stock Units — 10,655 contracts (Direct);
Class A Common Stock — 99,443.7051 shares (Direct)
Footnotes (4)
- F1. Includes 2,720.7921 shares in the reporting person's 401(k) account.
- F2. Restricted stock units convert into shares of UPS Class A common stock on a one for one basis for no cash consideration.
- F3. Restricted stock units vest 25% in May 2026, 25% in May 2027 and 50% in May 2028. Current vesting represents the first tranche of the 3 year vesting cycle.
- F4. Includes units credited upon the payment of dividends on the underlying Class A common stock.
Key Figures
RSUs converted: 3,551.5808 shares
Shares withheld for taxes: 1,582 shares
Tax withholding price: $100.7800 per share
+3 more
6 metrics
RSUs converted
3,551.5808 shares
Restricted stock units converting into Class A common stock
Shares withheld for taxes
1,582 shares
Tax-withholding disposition at $100.7800 per share
Tax withholding price
$100.7800 per share
Value used for tax-withholding disposition
Shares held after transaction
99,443.7051 shares
Direct Class A common stock holdings following transactions
RSUs held after transaction
10,655.0000 units
Remaining restricted stock units outstanding
401(k) shares
2,720.7921 shares
Class A common stock in 401(k) account
Key Terms
Restricted stock units, Class A Common Stock, 401(k) account, dividends
4 terms
Restricted stock units financial
"Restricted stock units convert into shares of UPS Class A common stock on a one for one basis for no cash consideration."
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
"Restricted stock units convert into shares of UPS Class A common stock on a one for one basis for no cash consideration."
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.
401(k) account financial
"Includes 2,720.7921 shares in the reporting person's 401(k) account."
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did UPS (UPS) executive Kathleen Gutmann report?
Kathleen Gutmann reported exercising restricted stock units that converted into 3,551.5808 UPS Class A common shares and a related tax-withholding disposition of 1,582 shares. These moves reflect routine equity compensation mechanics rather than an open-market stock purchase or sale.
What happens to Kathleen Gutmann’s UPS restricted stock units after this transaction?
Restricted stock units convert one-for-one into UPS Class A common stock for no cash consideration. After this vesting event, she holds 10,655 restricted stock units, which continue to represent deferred share-based compensation that may convert into additional stock over time.
How are the UPS (UPS) restricted stock units scheduled to vest for Kathleen Gutmann?
The restricted stock units vest 25% in May 2026, 25% in May 2027, and 50% in May 2028. The current transaction represents the first tranche of this three-year vesting cycle, showing a structured schedule for when future shares may be delivered.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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