Form 4: UPS Director William R. Johnson Receives RSU Grant

Director William R. Johnson was granted 2,647 restricted stock units as part of his compensation for service at United Parcel Service.

Summary

• Director William R. Johnson acquired 2,647 restricted stock units (RSUs) on May 7, 2026.
• Each RSU represents a right to receive one share of UPS Class A common stock upon termination of service as a director.
• Following this transaction, the director's total beneficial ownership of derivative securities increased to 47,132.1486 units.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which carries no significant market sentiment.

Positives

• The grant aligns the director's long-term interests with those of shareholders through equity-based compensation.

Negatives

• None identified.

Risks

• The value of the restricted stock units is subject to the future market performance of UPS Class A common stock.

Future Outlook

The RSUs will convert into shares of Class A common stock 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 in the logistics and transportation sector to ensure alignment with long-term shareholder value.

Comparison to Industry Standards

• The use of RSUs for director compensation is consistent with standard practices at large-cap companies like FedEx and DHL.
• The one-for-one conversion ratio is standard for equity incentive plans.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard component of director compensation packages.

Next Steps

• The director will hold these units until the termination of his service, at which point they convert to common stock.

Key Dates

Keywords

UPS, United Parcel Service, Form 4, Insider Trading, Director Compensation, Restricted Stock Units