Form 4: UPS Executive Acquires Restricted Performance Units
SEC Form 4 Filing
Darrell L. Ford, Chief Human Resources Officer at United Parcel Service, acquires 4,866 restricted performance units convertible to Class A common stock.
Summary
- On February 5, 2025, Darrell L. Ford, Chief Human Resources Officer of United Parcel Service Inc. (UPS), acquired 4,866 restricted performance units.
- These units were awarded under the company's Long Term Incentive Compensation Program following the completion of the performance period.
- Each restricted performance unit automatically converts into one share of Class A common stock.
- The reporting person directly owns 4,866 derivative securities.
- The price of the derivative security is $0.0000.
Sentiment
Score: 7
Explanation: The document is a routine filing related to executive compensation, indicating standard operational procedures. The sentiment is neutral to slightly positive as it reflects the company's commitment to incentivizing its executives.
Key Dates
| Date | Description |
|---|---|
| 02/05/2025 | Date of transaction: Darrell L. Ford acquired restricted performance units. |
| 02/07/2025 | Date of signature for the report. |
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