UPS director granted 1,948 restricted stock units

United Parcel Service Inc. director Franck J. Moison received a grant of 1,948 Restricted Stock Units (RSUs).

Rhea-AI Filing Summary

United Parcel Service Inc. director Franck J. Moison received a grant of 1,948 Restricted Stock Units (RSUs). Each unit is equivalent to one share of UPS Class A common stock and converts on a one-for-one basis upon termination of his service as a director.

After this award, Moison holds a total of 18,466.6462 RSUs, including units credited from dividends on the underlying Class A common stock. The grant was recorded at a price of $0.00 per unit, reflecting its nature as a compensation award rather than a market purchase.

Insider Trade Summary

Grant/Award: 1,948 shares

Grant/Award 1 txn

Insider MOISON FRANCK J

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	1,948	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 18,466.6462 contracts (Direct)

Footnotes (3)

1. F1. One unit is equivalent to one share of UPS Class A common stock.
2. 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.
3. F3. Includes units credited upon the payment of dividends on the underlying Class A common stock.

Key Figures

RSUs granted: 1,948 units Grant price per unit: $0.00 per unit Total RSUs after grant: 18,466.6462 units +1 more

4 metrics

RSUs granted 1,948 units Restricted Stock Units granted on May 7, 2026

Grant price per unit $0.00 per unit Equity compensation award, not a market purchase

Total RSUs after grant 18,466.6462 units RSU holdings following the reported transaction

Underlying shares per RSU 1 share per unit Each unit equals one UPS Class A common share

Key Terms

Restricted Stock Units, Class A common stock, dividends, grant, award, or other acquisition

4 terms

Restricted Stock Units financial

"The security involved is described as "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

"One unit is equivalent to one share of UPS 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

"The transaction code description is "Grant, award, or other acquisition"."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did UPS (UPS) director Franck J. Moison report?

Franck J. Moison reported receiving 1,948 Restricted Stock Units as a compensation award. These RSUs are tied to UPS Class A common stock and increase his total RSU holdings, rather than representing an open-market stock purchase or sale.

How many Restricted Stock Units does Franck J. Moison hold at UPS after this Form 4?

After this grant, Franck J. Moison holds 18,466.6462 Restricted Stock Units. This total includes units received in prior awards and additional units credited over time from dividends on the underlying UPS Class A common stock.

What does one Restricted Stock Unit represent for UPS (UPS) in this filing?

Each Restricted Stock Unit in this filing is equivalent to one share of UPS Class A common stock. The units are a form of equity-based compensation that tracks the value of the underlying shares without being immediate tradable stock.

When do UPS Restricted Stock Units for Franck J. Moison convert into Class A shares?

The Restricted Stock Units convert into shares of UPS Class A common stock on a one-for-one basis upon termination of Moison’s service as a director. Until then, they remain as units rather than issued shares of stock.

How are dividends handled on Franck J. Moison’s UPS Restricted Stock Units?

The filing notes that his total units include additional RSUs credited when dividends are paid on the underlying Class A common stock. Instead of cash, dividends increase his RSU balance, compounding the value of his equity-based compensation.

Was the UPS director’s RSU grant a market purchase or a compensation award?

The transaction is classified as a grant or award acquisition at a price of $0.00 per unit. This indicates it is part of director compensation and not an open-market stock purchase involving payment of cash for UPS shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/08/2026 - 04:31 PM EDT 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^*

MOISON FRANCK J

(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)

X	Director		10% 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)

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)	05/07/2026		A		1,948		(2)	(2)	Class A Common Stock	1,948	$0.0000	18,466.6462(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 Attorney	05/08/2026
	** 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)