UPS director granted 1,948 restricted stock units
UNITED PARCEL SERVICE INC director Wayne M. Hewett received a grant of 1,948 restricted stock units.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,948 | $0.00 | $0.00 |
Footnotes (3)
- F1. One unit is equivalent to one share of UPS Class A common stock.
- F2. 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.
- F3. Includes units credited upon the payment of dividends on the underlying Class A common stock.
Key Figures
Key Terms
Restricted Stock Units financial
Class A common stock financial
dividends financial
grant, award, or other acquisition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did UPS (UPS) director Wayne M. Hewett report in this Form 4?
How many restricted stock units does Wayne M. Hewett hold after this UPS Form 4?
What does one UPS restricted stock unit represent for Wayne M. Hewett?
How were dividend payments treated for Wayne M. Hewett’s UPS restricted stock units?
AI-generated analysis. How Rhea-AI works. Not financial advice.