UPS executive exercises RSUs, updates share holdings
UNITED PARCEL SERVICE INC Chief Digital & Tech Officer Bala Subramanian exercised 3,086.297 restricted stock units, converting them into an equal number of Class A common shares for no cash consideration.
Rhea-AI Filing Summary
UNITED PARCEL SERVICE INC Chief Digital & Tech Officer Bala Subramanian exercised 3,086.297 restricted stock units, converting them into an equal number of Class A common shares for no cash consideration. To cover tax obligations, 1,027 shares were withheld at $100.78 per share, leaving him with 24,562.2887 UPS Class A shares held directly, including balances in his 401(k) and Discounted Employee Stock Purchase Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,086.297 shares exercised/converted
Exercise
3 txns
Insider
Subramanian Bala
Role
Chief Digital & Tech Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,086.297 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 3,086.297 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 1,027 | $100.78 | $104K |
Holdings After Transaction:
Restricted Stock Units — 9,260 contracts (Direct);
Class A Common Stock — 24,562.2887 shares (Direct)
Footnotes (4)
- F1. Includes 23.8419 shares in the reporting person's 401(k) account and 112.9408 shares acquired pursuant to the Discounted Employee Stock Purchase Plan subsequent to the prior report.
- F2. Restricted stock units convert into shares of UPS Class A common stock on a one for one basis for no cash consideration.
- F3. Restricted stock units vest 25% in May 2026, 25% in May 2027 and 50% in May 2028. Current vesting represents the first tranche of the 3 year vesting cycle.
- F4. Includes units credited upon the payment of dividends on the underlying Class A common stock.
Key Figures
RSUs exercised: 3,086.2970 shares
Shares withheld for taxes: 1,027.0000 shares
Tax withholding price: $100.7800 per share
+3 more
6 metrics
RSUs exercised
3,086.2970 shares
Restricted Stock Units converted into Class A Common Stock on May 15, 2026
Shares withheld for taxes
1,027.0000 shares
Class A Common Stock disposed in a tax-withholding transaction
Tax withholding price
$100.7800 per share
Per-share value used for the tax-withholding disposition of 1,027 shares
Post-transaction holdings
24,562.2887 shares
Direct UPS Class A Common Stock held after the reported transactions
401(k) holdings
23.8419 shares
Shares held in the reporting person’s 401(k) account included in direct holdings
ESPP shares
112.9408 shares
Shares acquired under the Discounted Employee Stock Purchase Plan since the prior report
Key Terms
Restricted Stock Units, Discounted Employee Stock Purchase Plan, 401(k), tax-withholding disposition
4 terms
Restricted Stock Units financial
"Restricted stock units convert into shares of UPS Class A common stock on a one for one basis"
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.
Discounted Employee Stock Purchase Plan financial
"shares acquired pursuant to the Discounted Employee Stock Purchase Plan subsequent to the prior report"
401(k) financial
"Includes 23.8419 shares in the reporting person's 401(k) account"
A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did UPS (UPS) report for Bala Subramanian?
UPS Chief Digital & Tech Officer Bala Subramanian exercised 3,086.297 restricted stock units, converting them into the same number of Class A common shares. As part of this vesting event, some of the resulting shares were withheld to satisfy tax obligations.
What was the size of the RSU conversion in the UPS (UPS) filing?
The filing shows 3,086.297 restricted stock units converting into UPS Class A common stock on a one-for-one basis for no cash consideration. These restricted stock units are part of a multi-year vesting cycle tied to Bala Subramanian’s compensation.
What is the vesting pattern of the reported UPS (UPS) restricted stock units?
The restricted stock units vest 25% in May 2026, 25% in May 2027, and 50% in May 2028. The current transaction reflects the first 25% tranche in this three-year vesting schedule, with remaining portions scheduled for later dates.
AI-generated analysis. How Rhea-AI works. Not financial advice.
