Form 4: UPS Director Kevin Warsh Receives Equity Grant

UPS Director Kevin Warsh acquired phantom and restricted stock units as part of his director compensation package.

Summary

• Director Kevin Warsh was granted 312.8441 phantom stock units on May 6, 2026, under the company's Deferred Compensation Plan.
• Director Kevin Warsh was granted 1,948 restricted stock units on May 7, 2026.
• These units are equivalent to UPS Class A common stock on a one-for-one basis.
• The total beneficial ownership following these transactions includes 14,622.8519 phantom stock units and 30,550.7686 restricted stock units.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine regulatory disclosure regarding director compensation with no material impact on company operations or financial strategy.

Positives

• Director alignment with long-term shareholder interests through equity-based compensation.

Negatives

• None identified.

Risks

• Value of equity holdings is subject to fluctuations in UPS Class A common stock price.

Future Outlook

The units are payable in shares of Class A common stock or cash upon the director's termination of service.

Industry Context

StockSavvy.ai notes that equity-based compensation for board members is a standard corporate governance practice designed to align director incentives with long-term company performance in the logistics and transportation sector.

Comparison to Industry Standards

• The use of phantom stock and restricted stock units for director compensation is consistent with standard practices at large-cap industrial companies like FedEx and DHL.

Stakeholder Impact

• Minimal impact on shareholders as these are standard director compensation grants.

Next Steps

• No specific future actions required by the reporting person other than continued service.

Key Dates

Keywords

UPS, United Parcel Service, Kevin Warsh, Form 4, Insider Trading, Director Compensation, Equity Grant