UPS awards options to chief legal officer
United Parcel Service granted equity awards to its Chief Legal & Compliance Officer, Norman M. Brothers Jr., on February 4, 2026.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Option to Purchase Class A Common | 37,270 | $0.00 | $0.00 |
| Grant/Award | Restricted Performance Units | 1,250 | $0.00 | $0.00 |
Footnotes (2)
- F1. Options vest at the rate of 20% annually beginning February 4, 2027.
- F2. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did UPS (UPS) grant to Norman M. Brothers Jr.?
When do Norman M. Brothers Jr.’s UPS stock options begin vesting?
How many UPS restricted performance units were awarded to the chief legal officer?
Are Norman M. Brothers Jr.’s UPS equity awards held directly or indirectly?
What is the exercise or conversion price of Norman M. Brothers Jr.’s UPS stock options?
AI-generated analysis. How Rhea-AI works. Not financial advice.