Form 4: UPS Director Russell Stokes Reports Acquisition of Restricted Stock Units

Director Russell Stokes reports the acquisition of 2,011 Restricted Stock Units (RSUs) of UPS Class A common stock, convertible upon termination of service.

Summary

• Russell Stokes, a director of United Parcel Service Inc. (UPS), filed a Form 4 with the SEC.
• The filing reports a transaction on May 8, 2025, where Stokes 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.
• Stokes directly owns 7,136.6374 derivative securities after the reported transaction, which includes units credited from dividends on the underlying Class A common stock.
• The filing also includes a Power of Attorney, effective August 7, 2024, designating several individuals to act on Stokes' behalf for SEC filings related to UPS securities.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, indicating a neutral sentiment. It reports a routine transaction and doesn't convey any particularly positive or negative information about the company's performance or prospects.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This filing is a routine disclosure related to insider transactions, which is a common practice for publicly traded companies like UPS. It provides transparency to investors regarding the holdings and transactions of company insiders.

Comparison to Industry Standards

• Form 4 filings are standard practice for directors and officers of publicly traded companies in compliance with SEC regulations.
• Similar filings are made by insiders at comparable companies like FedEx (FDX) and DHL, reflecting their transactions in company stock.
• The reporting of RSU acquisitions is consistent with industry norms for executive compensation and equity ownership disclosures.

Stakeholder Impact

• The acquisition of RSUs by a director can be viewed positively by shareholders as it aligns the director's interests with the company's long-term performance.
• The filing provides transparency to investors regarding insider transactions, which can influence investor confidence.

Key Dates

Keywords

Form 4, Russell Stokes, Director, UPS, United Parcel Service Inc, Restricted Stock Units, RSUs, Beneficial Ownership, SEC, Securities, Class A Common Stock, Power of Attorney