UPS (NYSE: UPS) exec exercises 1,831 units, 872 shares withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
United Parcel Service (UPS) executive Kathleen M. Gutmann reported equity award activity involving Class A common stock. On February 13, 2026, she converted 1,831 Restricted Performance Units into an equal number of Class A shares at an exercise price of $0.0000 per share.
To satisfy tax obligations related to this award, 872 Class A shares were disposed of at $99.19 per share through a tax-withholding transaction. After these transactions, Gutmann directly beneficially owned 97,431.9136 Class A shares, including 2,678.5814 shares held in her 401(k) account.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,831 shares exercised/converted
Mixed
3 txns
Insider
Gutmann Kathleen M.
Role
Pres Intl, Healthcare and SCS
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Performance Units | 1,831 | $0.00 | -- |
| Exercise | Class A Common Stock | 1,831 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 872 | $99.19 | $86K |
Holdings After Transaction:
Restricted Performance Units — 0 shares (Direct);
Class A Common Stock — 98,303.914 shares (Direct)
Footnotes (1)
- Includes 2,678.5814 shares in the reporting person's 401(k) account. One unit is equivalent to one share of UPS Class A common stock. RPUs vested upon completion of the performance period, and were considered earned upon certification of financial results by the Compensation and Human Capital Committee of the Board, which occurred on February 4, 2026.
FAQ
What insider transaction did Kathleen M. Gutmann report for UPS (UPS) on February 13, 2026?
Kathleen M. Gutmann reported converting 1,831 Restricted Performance Units into UPS Class A common stock. These units vested after a performance period and certification of results, increasing her direct share ownership before a related tax-withholding share disposition.
What are Restricted Performance Units (RPUs) in the UPS insider filing?
The filing describes Restricted Performance Units as awards where one unit equals one UPS Class A share. These RPUs vested after a performance period and were considered earned when financial results were certified by the board’s Compensation and Human Capital Committee.
What role does Kathleen M. Gutmann hold at UPS in this Form 4?
Kathleen M. Gutmann is identified as an officer of UPS with the title "Pres Intl, Healthcare and SCS." This indicates she is a senior executive responsible for international, healthcare, and supply chain solutions operations at the company.