UPS legal chief exercises 1,250 stock units
United Parcel Service (UPS) chief legal and compliance officer Norman M. Brothers Jr. converted 1,250 restricted performance units into the same number of Class A common shares at an exercise price of $0.0000 on February 13, 2026.
Rhea-AI Filing Summary
United Parcel Service (UPS) chief legal and compliance officer Norman M. Brothers Jr. converted 1,250 restricted performance units into the same number of Class A common shares at an exercise price of $0.0000 on February 13, 2026. To cover tax obligations related to this vesting, 617 Class A shares were automatically withheld at a price of $99.19 per share. After these transactions, he directly owned 23,593.988 Class A shares, which include 624.435 shares held in his 401(k) account. The filing notes that the restricted performance units vested after completion of the performance period and certification of financial results on February 4, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Performance Units | 1,250 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 1,250 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 617 | $99.19 | $61K |
Footnotes (3)
- F1. Includes 624.4350 shares in the reporting person's 401(k) account.
- F2. One unit is equivalent to one share of UPS Class A common stock.
- F3. RPUs vested upon completion of the performance period, and were considered earned upon certification of financial results by the Compensation and Human Capital Committee of the Board, which occurred on February 4, 2026.
FAQ
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What insider transaction did UPS (UPS) report for Norman M. Brothers Jr.?
What is the nature of the 1,250-unit transaction reported for UPS (UPS)?
What role does Norman M. Brothers Jr. hold at UPS (UPS)?
How are UPS restricted performance units described in this Form 4?
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