Form 4: UPS Director Kathleen Johnson Reports Acquisition of Restricted Stock Units
SEC Filing (Form 4)
Kathleen Johnson, a director at United Parcel Service (UPS), reported the acquisition of 2,011 restricted stock units (RSUs) convertible to Class A common stock upon termination of service.
Summary
- On May 8, 2025, Kathleen Johnson, a director of United Parcel Service (UPS), acquired 2,011 Restricted Stock Units (RSUs).
- These RSUs convert into shares of UPS Class A common stock on a one-for-one basis upon termination of service as a director.
- The price of the RSUs is $0.0000.
- Following the transaction, Johnson beneficially owns 7,136.6374 derivative securities.
- Johnson also has a Power of Attorney designating Brian Dykes, Jennifer Powers, Michael Hanson, Neil Simon, Ryan Swift and Nimo Khalif to act on her behalf for SEC filings related to UPS securities.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
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 signals confidence in the company's future performance to shareholders.
Key Dates
| Date | Description |
|---|---|
| 2024/08/08 | Date of execution of Power of Attorney by Kathleen Johnson. |
| 2025/05/08 | Date of transaction: Kathleen Johnson acquired 2,011 Restricted Stock Units (RSUs). |
| 2025/05/09 | Date of Form 4 filing. |
Keywords
Form 4, Kathleen Johnson, UPS, Restricted Stock Units, Director, Beneficial Ownership, Power of Attorney, SEC
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