UPS (NYSE: UPS) CFO receives 12,504 restricted stock units grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
UNITED PARCEL SERVICE INC reported that Chief Financial Officer Brian M. Dykes received a grant of 12,504 restricted stock units under a Long Term Incentive Program. Each unit represents one future share of Class A common stock when it converts.
The restricted stock units vest in three equal installments, with one‑third vesting on each of May 6, 2027, May 6, 2028, and May 6, 2029. After this compensation award, Dykes holds 12,504 restricted stock units directly. This is a non‑cash, equity-based compensation grant rather than an open‑market share purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dykes Brian M
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units 2026 | 12,504 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units 2026 — 12,504 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
RSUs granted: 12,504 units
Transaction price per unit: $0.00 per unit
Underlying shares: 12,504 shares
+4 more
7 metrics
RSUs granted
12,504 units
Restricted stock units 2026 grant to CFO on May 6, 2026
Transaction price per unit
$0.00 per unit
Equity compensation grant, not an open-market purchase
Underlying shares
12,504 shares
Each RSU converts into one share of Class A common stock
Total units after grant
12,504 units
Total restricted stock units held following the reported transaction
Expiration date
May 6, 2029
RSUs expiration date reported for Restricted Stock Units 2026 award
Vesting schedule start
May 6, 2027
First vesting date for one‑third of the RSUs
Subsequent vesting dates
May 6, 2028 and May 6, 2029
Second and third vesting dates for remaining RSUs
Key Terms
Restricted stock units, Long Term Incentive Program, Class A common stock, vest
4 terms
Restricted stock units financial
"Restricted stock units awarded as a component of Long Term Incentive Program award."
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.
Long Term Incentive Program financial
"Restricted stock units 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.
