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UPS (NYSE: UPS) director Hewett granted 1,948 restricted stock units tied to Class A shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

UNITED PARCEL SERVICE INC director Wayne M. Hewett received a grant of 1,948 restricted stock units. These units were awarded at no cash cost and increase his directly held restricted stock units to 9,948.8064 units.

Each restricted stock unit is equivalent to one share of UPS Class A common stock and will convert into Class A shares on a one-for-one basis upon his termination of service as a director. The total also includes additional units credited over time from dividends paid on the underlying Class A common stock.

Positive

  • None.

Negative

  • None.
Insider Hewett Wayne M.
Role null
Type Security Shares Price Value
Grant/Award Restricted Stock Units 1,948 $0.00 --
Holdings After Transaction: Restricted Stock Units — 9,948.806 shares (Direct, null)
Footnotes (1)
  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.
RSUs granted 1,948 units Restricted stock unit grant on 2026-05-07
Total RSUs after grant 9,948.8064 units Direct restricted stock unit holdings after transaction
Conversion ratio 1 unit = 1 share Each RSU equals one UPS Class A common share
Underlying shares per grant 1,948 shares Underlying Class A common stock tied to this RSU grant
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.
grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Hewett Wayne M.
(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/07/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)05/07/2026A1,948 (2) (2)Class A Common Stock1,948$0.00009,948.8064(3)D
Explanation of Responses:
1. One unit is equivalent to one share of UPS Class A common stock.
2. 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.
3. Includes units credited upon the payment of dividends on the underlying Class A common stock.
Michael Hanson, Power of Attorney05/08/2026
** Signature of Reporting PersonDate
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 (UPS) director Wayne M. Hewett report in this Form 4?

Wayne M. Hewett reported receiving 1,948 restricted stock units as a grant. These units are a form of equity compensation that increases his total directly held restricted stock units to 9,948.8064 units, all linked to UPS Class A common stock.

How many restricted stock units does Wayne M. Hewett hold after this UPS Form 4?

After the reported grant, Wayne M. Hewett holds 9,948.8064 restricted stock units. This figure includes the newly granted 1,948 units as well as units previously credited, including those added through dividend credits on UPS Class A common stock.

What does one UPS restricted stock unit represent for Wayne M. Hewett?

Each restricted stock unit represents the right to receive one share of UPS Class A common stock. According to the filing, one unit is equivalent to one share, and the units convert into shares on a one-for-one basis when his service as a director ends.

When do Wayne M. Hewett’s UPS restricted stock units convert into shares?

The restricted stock units convert into UPS Class A common shares upon termination of his service as a director. At that point, each unit converts to one share, turning his accumulated units into an equivalent number of Class A common stock shares.

How were dividend payments treated for Wayne M. Hewett’s UPS restricted stock units?

The total restricted stock unit balance includes additional units credited when dividends are paid on the underlying UPS Class A common stock. Instead of cash, dividend value is reflected by adding more units to his restricted stock unit account.