Form 4: UPS Director William R. Johnson Reports Acquisition of Restricted Stock Units

William R. Johnson, a director of United Parcel Service Inc. (UPS), reported the acquisition of 1,732 Restricted Stock Units (RSUs) that convert into Class A common stock upon termination of service as a director.

Summary

• On May 2, 2024, William R. Johnson, a director of United Parcel Service Inc. (UPS), acquired 1,732 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 derivative security is $0.0000.
• Following the reported transaction, Johnson beneficially owns 36,947.22 derivative securities.
• The reporting person directly owns the securities.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it's a standard disclosure of stock units acquisition. It doesn't inherently indicate positive or negative performance.

Positives

• The acquisition of RSUs by a director signals confidence in the company's future performance.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can influence investor sentiment.

Stakeholder Impact

• The acquisition of RSUs by a director can positively influence shareholder confidence.

Key Dates