Form 4: UPS Director Kevin Clark Reports Acquisition of Restricted Stock Units

Director Kevin Clark reports the acquisition of 2,011 Restricted Stock Units (RSUs) of United Parcel Service (UPS) Class A common stock.

Summary

• Kevin Clark, a director of United Parcel Service (UPS), filed a Form 4 with the SEC.
• The filing reports the acquisition of 2,011 Restricted Stock Units (RSUs) on May 8, 2025.
• 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 transaction, Clark beneficially owns 2,419 derivative securities.
• Clark has also granted a Power of Attorney to several individuals to handle SEC filings related to UPS securities.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing indicating standard compensation practices. It doesn't suggest any significant positive or negative implications for the company's performance.

Future Outlook

The document does not contain any specific forward-looking statements regarding UPS's future performance.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers, ensuring fair market practices.

Stakeholder Impact

• The acquisition of RSUs by a director aligns the director's interests with those of the shareholders.

Key Dates

Keywords

Form 4, SEC, Kevin Clark, UPS, Restricted Stock Units, Director, Beneficial Ownership, Power of Attorney