Brothers Norman M. Jr 4

What Happened

• Norman M. Brothers Jr., Chief Legal & Compliance Officer of United Parcel Service (UPS), had 1,250 restricted performance units (RPUs) vest and convert to 1,250 shares on Feb 13, 2026. Of those, 617 shares were withheld/sold to cover tax liabilities at $99.19 per share for a total tax payment of $61,200, leaving a net of 633 shares added to his holdings. The RPUs were considered earned upon certification of financial results by the Compensation and Human Capital Committee on Feb 4, 2026.

Key Details

• Transaction date: 2026-02-13.
• Actions and codes: M = exercise/conversion of derivative (1,250 shares converted); F = payment of tax liability / shares withheld (617 shares at $99.19, $61,200).
• Net shares received: 1,250 converted − 617 withheld = 633 net shares retained by the insider.
• Footnotes: Filing notes 624.4350 shares are held in the reporting person's 401(k) account; one unit equals one UPS Class A share; RPUs vested after certification on Feb 4, 2026.
• Filing timeliness: Report filed with a 2026-02-13 period of report and filing date 2026-02-13 — no late filing indicated.

Context

• This was a vesting and conversion of performance RSUs with a sell/withhold-to-cover for taxes — a routine, non-market-sale method to satisfy tax obligations. The filing shows a net acquisition of shares (633) rather than an open-market purchase or sale. As always, such administrative vesting and tax-withholding transactions are factual indicators of compensation realization, not direct statements of trading intent.