UPS (NYSE: UPS) grants options and units to chief legal officer

Rhea-AI Filing Summary

United Parcel Service granted equity awards to its Chief Legal & Compliance Officer, Norman M. Brothers Jr., on February 4, 2026. He received an option to purchase 37,270 shares of Class A common stock at a conversion price of $116.74 per share, vesting 20% annually beginning February 4, 2027. He was also awarded 1,250 restricted performance units under the company's long-term incentive plan, each designed to convert into one share of Class A common stock after the performance period, with both awards held as direct ownership.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Brothers Norman M. Jr

Role Chief Legal & Compliance Off

Type	Security	Shares	Price	Value
Grant/Award	Option to Purchase Class A Common	37,270	$0.00	--
Grant/Award	Restricted Performance Units	1,250	$0.00	--

Holdings After Transaction: Option to Purchase Class A Common — 37,270 shares (Direct); Restricted Performance Units — 1,250 shares (Direct)

Footnotes (1)

1. Options vest at the rate of 20% annually beginning February 4, 2027. Restricted performance units awarded under the Company's Long Term Incentive Compensation Program following the completion of the performance period. Each unit automatically converts into one share of Class A common stock.

Form 4 Insider Transactions: What Each Field Means →

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^*

Brothers Norman M. Jr

(Last) (First) (Middle)

55 GLENLAKE PARKWAY, NE

(Street)

ATLANTA GA 30328

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
UNITED PARCEL SERVICE INC [ UPS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Legal & Compliance Off

3. Date of Earliest Transaction (Month/Day/Year)
02/04/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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
Option to Purchase Class A Common	$116.74	02/04/2026		A		37,270		(1)	02/04/2036	Class A Common Stock	37,270	$0.0000	37,270	D
Restricted Performance Units	(2)	02/04/2026		A		1,250		(2)	(2)	Class A Common Stock	1,250	$0.0000	1,250	D

Explanation of Responses:

1. Options vest at the rate of 20% annually beginning February 4, 2027.

2. Restricted performance units awarded under the Company's Long Term Incentive Compensation Program following the completion of the performance period. Each unit automatically converts into one share of Class A common stock.

	Michael Hanson, Power of Attorney	02/06/2026
	** 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.

FAQ

What equity awards did UPS (UPS) grant to Norman M. Brothers Jr.?

UPS granted Norman M. Brothers Jr. an option for 37,270 shares of Class A common stock at a $116.74 conversion price and 1,250 restricted performance units. These awards form part of his long-term incentive compensation package.

When do Norman M. Brothers Jr.’s UPS stock options begin vesting?

The stock options granted to Norman M. Brothers Jr. begin vesting on February 4, 2027. They vest at a rate of 20% per year, meaning the option becomes exercisable in equal annual installments over multiple years.

How many UPS restricted performance units were awarded to the chief legal officer?

Norman M. Brothers Jr. received 1,250 restricted performance units from UPS. These units are issued under the company’s Long Term Incentive Compensation Program and are linked to a performance period before converting into shares of Class A common stock.

How do the UPS restricted performance units convert into shares?

Each UPS restricted performance unit automatically converts into one share of Class A common stock. Conversion occurs following completion of the specified performance period under the company’s Long Term Incentive Compensation Program, aligning the award’s value with company performance.

Are Norman M. Brothers Jr.’s UPS equity awards held directly or indirectly?

The Form 4 indicates the equity awards are held as direct ownership by Norman M. Brothers Jr. There is no reference to trusts, LLCs, or other indirect holding entities in the disclosed ownership information or related footnotes.

What is the exercise or conversion price of Norman M. Brothers Jr.’s UPS stock options?

The option to purchase UPS Class A common stock has a $116.74 conversion or exercise price per share. This price applies when exercising the 37,270-share option grant, subject to the vesting schedule beginning February 4, 2027.