UPS awards 13,889 RSUs to US operations chief

UNITED PARCEL SERVICE INC reported that Nando Cesarone, President, US Operations, received a grant of 13,889 Restricted Stock Units 2026 as part of a Long Term Incentive Program award.

Rhea-AI Filing Summary

UNITED PARCEL SERVICE INC reported that Nando Cesarone, President, US Operations, received a grant of 13,889 Restricted Stock Units 2026 as part of a Long Term Incentive Program award. Each unit converts into one share of Class A common stock.

The restricted stock units vest in three equal installments, with one third vesting on May 6, 2027, one third on May 6, 2028, and the final third on May 6, 2029. Following this compensation-related award, Cesarone holds 13,889 such units directly, and no open-market purchases or sales were reported in this filing.

Insider Trade Summary

Grant/Award: 13,889 shares

Grant/Award 1 txn

Insider Cesarone Nando

Role President, US Operations

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units 2026	13,889	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units 2026 — 13,889 contracts (Direct)

Footnotes (2)

1. F1. 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.
2. F2. Restricted stock units vest as follows: 1/3rd on each of May 6, 2027, 2028 and 2029.

Key Figures

RSUs granted: 13,889 units Shares underlying RSUs: 13,889 shares Post-transaction RSU holdings: 13,889 units +5 more

8 metrics

RSUs granted 13,889 units Restricted Stock Units 2026 granted on May 6, 2026

Shares underlying RSUs 13,889 shares Each unit converts into one share of Class A common stock

Post-transaction RSU holdings 13,889 units Total Restricted Stock Units 2026 held after the award

Exercise price $0.00 per unit Conversion or exercise price of Restricted Stock Units 2026

RSU expiration date May 6, 2029 Expiration date for the Restricted Stock Units 2026 award

Vesting schedule start May 6, 2027 First vesting date for one third of the RSU award

Second vesting date May 6, 2028 Second one-third installment of RSUs vests

Final vesting date May 6, 2029 Final one-third installment of RSUs vests

Key Terms

Restricted Stock Units 2026, Long Term Incentive Program, Class A common stock, vest

4 terms

Restricted Stock Units 2026 financial

"Restricted Stock Units 2026 awarded as a component of Long Term Incentive Program award."

Long Term Incentive Program financial

"Restricted stock units 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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did UPS insider Nando Cesarone report on this Form 4 for UPS?

Nando Cesarone reported receiving 13,889 Restricted Stock Units 2026 in a compensation-related grant. These units are part of a Long Term Incentive Program and each converts into one share of UPS Class A common stock, rather than reflecting an open-market stock purchase.

How many UPS restricted stock units did Nando Cesarone receive?

He received 13,889 Restricted Stock Units 2026. This entire amount is tied to UPS’s Long Term Incentive Program and is scheduled to settle in Class A common stock, providing equity-based compensation rather than immediate cash or open-market trading activity in UPS shares.

When do Nando Cesarone’s UPS RSUs reported on Form 4 vest?

The restricted stock units vest in three equal installments: one third on May 6, 2027, another third on May 6, 2028, and the final third on May 6, 2029. Vesting must occur before the units convert into UPS Class A common stock.

What type of UPS security is involved in this Form 4 transaction?

The filing involves Restricted Stock Units 2026, each linked to one share of UPS Class A common stock. These derivative awards provide future share delivery upon vesting, rather than immediate ownership of common stock purchased on the open market.

Is this UPS Form 4 for Nando Cesarone an open-market stock purchase or sale?

No, the Form 4 shows a grant/award acquisition coded as “A”, not an open-market trade. The 13,889 restricted stock units were awarded as compensation, with no reported buying or selling of UPS shares in the market in this filing.

How many UPS RSUs does Nando Cesarone hold after this reported transaction?

After the transaction, Cesarone holds 13,889 Restricted Stock Units 2026 directly. These units remain subject to the stated vesting schedule in 2027, 2028, and 2029 before automatically converting into UPS Class A common stock on a one-for-one basis.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/08/2026 - 04:31 PM EDT Learn about SEC filing dates

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^*

Cesarone Nando

(Last) (First) (Middle)

55 GLENLAKE PARKWAY, NE

(Street)

ATLANTA GEORGIA 30328

(City) (State) (Zip)

UNITED STATES

(Country)

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)
	President, US Operations

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/06/2026

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

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

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

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
Restricted Stock Units 2026	(1)	05/06/2026		A		13,889		(2)	05/06/2029	Class A Common Stock	13,889	$0.0000	13,889	D

Explanation of Responses:

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.

2. Restricted stock units vest as follows: 1/3rd on each of May 6, 2027, 2028 and 2029.

	Michael Hanson, Power of Attorney	05/08/2026
	** 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.
* Form 4: SEC 1474 (03-26)