UPS (NYSE: UPS) grants 13,889 RSUs to President of US Operations
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cesarone Nando
Role
President, US Operations
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units 2026 | 13,889 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units 2026 — 13,889 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: 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
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.