UPS (NYSE: UPS) awards 11,424 RSUs to chief commercial and strategy officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
UNITED PARCEL SERVICE INC granted a new equity award to a senior executive. Chief Commercial & Strategy Officer Matthew W. Guffey received 11,424 Restricted Stock Units 2026 as a compensation grant. Each unit will automatically convert into one share of Class A common stock when it is delivered.
The restricted stock units vest over three years, with one-third vesting on each of May 6, 2027, May 6, 2028, and May 6, 2029. Following this grant, Guffey holds 11,424 restricted stock units directly, aligning part of his pay with UPS share performance over time.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Guffey Matthew W
Role
CHF Commercial & Strategy Off
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units 2026 | 11,424 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units 2026 — 11,424 shares (Direct, null)
Footnotes (1)
- Restricted stock units awarded as a component of Long Term Incentive Program award. Each unit automatically converts into one share of Class A common stock. Restricted stock units vest as follows: 1/3rd on each of May 6, 2027, 2028 and 2029.
Key Figures
RSU grant size: 11,424 units
Underlying shares: 11,424 shares
Post-grant RSU holdings: 11,424 units
+4 more
7 metrics
RSU grant size
11,424 units
Restricted Stock Units 2026 granted to Matthew W. Guffey
Underlying shares
11,424 shares
Each unit converts into one share of Class A common stock
Post-grant RSU holdings
11,424 units
Total restricted stock units held following the transaction
Vesting date 1
May 6, 2027
One-third of the restricted stock units vest
Vesting date 2
May 6, 2028
Second one-third of the restricted stock units vest
Vesting date 3
May 6, 2029
Final one-third of the restricted stock units vest
RSU expiration
May 6, 2029
Expiration date listed for Restricted Stock Units 2026
Key Terms
Restricted Stock Units 2026, Long Term Incentive Program, Class A common stock, vest
4 terms
Restricted Stock Units 2026 financial
"security_title: Restricted Stock Units 2026"
Long Term Incentive Program financial
"awarded as a component of Long Term Incentive Program award"
A long term incentive program is a multi-year pay plan that gives key employees stock, stock options or cash rewards only if the company meets predefined performance goals or the employees stay with the company. It matters to investors because it aligns managers’ decisions with shareholder interests, affects future earnings through compensation costs and potential share dilution, and signals how leadership is being motivated to grow the business—like a multi-year bonus tied to the company’s scoreboard.
Class A common stock financial
"Each unit automatically converts into one share of 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.
vest financial
"Restricted stock units vest as follows: 1/3rd on each of May 6, 2027, 2028 and 2029"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did UPS (UPS) executive Matthew Guffey report?
Matthew W. Guffey reported receiving 11,424 Restricted Stock Units 2026 as a compensation grant from UPS. These units are part of a long-term incentive award and will convert into Class A common stock as they vest over a three-year period.
How many UPS restricted stock units did Matthew Guffey receive in this Form 4?
He received 11,424 Restricted Stock Units 2026 in a single grant. Each restricted stock unit represents a right to receive one share of UPS Class A common stock, subject to the vesting schedule outlined in the award’s terms and conditions.
What is the vesting schedule for Matthew Guffey’s 11,424 UPS restricted stock units?
The 11,424 restricted stock units vest in three equal installments. One-third vests on May 6, 2027, another third on May 6, 2028, and the final third on May 6, 2029, reflecting a multi-year retention and incentive structure.
What does each of Matthew Guffey’s UPS Restricted Stock Units 2026 convert into?
Each restricted stock unit automatically converts into one share of UPS Class A common stock. This conversion occurs as the units vest under the company’s Long Term Incentive Program, directly linking the executive’s award value to UPS’s future share price.
How many UPS restricted stock units does Matthew Guffey hold after this grant?
After this grant, Matthew Guffey holds 11,424 Restricted Stock Units 2026 directly. This entire position comes from the newly awarded long-term incentive grant, which is scheduled to vest in three equal annual tranches from 2027 through 2029.