Form 4: UPS Director Christiana Smith Shi Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Director Christiana Smith Shi reports the acquisition of 2,011 Restricted Stock Units (RSUs) of United Parcel Service (UPS) Class A common stock.
Summary
- Christiana Smith Shi, a director of United Parcel Service (UPS), filed a Form 4 on May 9, 2025, reporting a transaction that occurred on May 8, 2025.
- The transaction involved the acquisition of 2,011 Restricted Stock Units (RSUs) which are equivalent to shares of UPS Class A common stock.
- These RSUs convert into shares of UPS Class A common stock on a one-for-one basis upon termination of service as a director.
- Following the reported transaction, Ms. Shi beneficially owns 13,329.656 RSUs, which includes units credited upon the payment of dividends on the underlying Class A common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, neither particularly positive nor negative.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The acquisition of RSUs by a director can be seen as a positive sign, aligning the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 2024/08/08 | Date of Power of Attorney execution. |
| 2025/05/08 | Date of transaction: Acquisition of Restricted Stock Units. |
| 2025/05/09 | Date of Form 4 filing. |
Keywords
Form 4, UPS, Christiana Smith Shi, Restricted Stock Units, Director, Beneficial Ownership, Class A Common Stock
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