Adkins Rodney C 4

What Happened
Rodney C. Adkins, a director of United Parcel Service (UPS), received a grant of 1,948 restricted stock units (RSUs) on May 7, 2026. The Form 4 records the acquisition as 1,948 units at $0.00 per unit (derivative award), so the filing shows $0 as the transaction price/value. These RSUs are awards rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-07; Transaction type: Grant/Award (code A).
• Quantity and price: 1,948 units @ $0.00 (derivative award).
• Shares owned after transaction: Not specified in this filing.
• Footnotes: F1 — one unit = one share of UPS Class A common stock; F2 — RSUs convert one-for-one into Class A shares upon termination of director service; F3 — units include dividend-equivalent credits when dividends are paid.
• Filing timeliness: Reported the next day (filed 2026-05-08); the filing does not indicate a late report.

Context
This is a typical director compensation award (RSUs) and not an open-market trade; such grants are common for board service and do not, by themselves, indicate a buy or sell signal. The RSUs are derivative awards that will convert to actual shares under the conditions described in the footnotes (notably upon termination of service).