UPS (NYSE: UPS) awards 7,659 RSUs to Chief HR officer Ford
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ford Darrell L reported acquisition or exercise transactions in this Form 4 filing.
UNITED PARCEL SERVICE INC reported that Chief Human Resources Officer Darrell L. Ford received a grant of 7,659 Restricted Stock Units 2026 on May 6, 2026 as part of a Long Term Incentive Program. Each unit represents the right to receive one share of Class A common stock at no purchase price. The RSUs vest in three equal installments, with one-third vesting on each of May 6, 2027, May 6, 2028, and May 6, 2029, and will expire on May 6, 2029 if not settled. Following this award, Ford holds 7,659 RSUs directly, reflecting a compensation-related equity grant rather than an open-market share purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ford Darrell L
Role
Chief Human Resources Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units 2026 | 7,659 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units 2026 — 7,659 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: 7,659 units
Units per vesting date: 2,553 units
Exercise price: $0.00 per unit
+2 more
5 metrics
RSUs granted
7,659 units
Restricted Stock Units 2026 granted May 6, 2026
Units per vesting date
2,553 units
1/3 of 7,659 RSUs vesting on each of May 6, 2027, 2028, 2029
Exercise price
$0.00 per unit
No purchase price required to receive Class A shares
Post-award RSU holdings
7,659 units
Total Restricted Stock Units 2026 held directly after transaction
RSU expiration date
May 6, 2029
Expiration of Restricted Stock Units 2026 if not settled
Key Terms
Restricted Stock Units 2026, Long Term Incentive Program, Class A common stock, vest
4 terms
Restricted Stock Units 2026 financial
"security_title: "Restricted Stock Units 2026""
Long Term Incentive Program financial
"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.
FAQ
What equity award did UPS (UPS) grant to Darrell L. Ford?
UPS granted Chief Human Resources Officer Darrell L. Ford 7,659 Restricted Stock Units 2026 as part of a Long Term Incentive Program, each convertible into one share of Class A common stock at no purchase price.
How do the 2026 UPS restricted stock units for Darrell Ford vest?
The 7,659 UPS restricted stock units vest in three equal installments. One-third vests on each of May 6, 2027, May 6, 2028, and May 6, 2029, aligning the award with multi‑year retention and performance horizons.
Does the UPS Form 4 show an open-market trade by Darrell Ford?
No, the Form 4 reports a grant of 7,659 restricted stock units to Darrell Ford as compensation. It is not an open-market purchase or sale, but an award under UPS’s Long Term Incentive Program.
What does each UPS restricted stock unit granted to Darrell Ford represent?
Each restricted stock unit granted to Darrell Ford automatically converts into one share of UPS Class A common stock upon vesting, with no exercise price, providing stock-based compensation tied directly to UPS’s equity.
How many UPS restricted stock units does Darrell Ford hold after this award?
After this award, Darrell Ford holds 7,659 Restricted Stock Units 2026 directly, according to the Form 4. These units vest over three years and are scheduled to expire on May 6, 2029 if not settled.