CLARK KEVIN P 4

What Happened Kevin P. Clark, a director of United Parcel Service, was granted 1,948 restricted stock units (RSUs) on 2026-05-07. The units were reported as an award/acquisition at $0.00 (no cash exchanged) and are derivative awards that convert into UPS Class A common stock on a one-for-one basis under the terms noted in the filing.

Key Details

• Transaction date: 2026-05-07; Form 4 filed: 2026-05-08.
• Type: Award/Grant (Code A); Amount: 1,948 units; Price: $0.00 (derivative RSUs).
• Shares owned after transaction: Not specified in the provided 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 equivalents credited on the underlying shares.
• No indication of a 10b5-1 plan, sale, or tax-withholding disposition in the disclosed transaction.

Context This was a compensation award to a board director, not an open-market purchase or sale. RSUs typically represent future equity subject to vesting or conversion conditions (here, conversion upon termination of service) and do not involve immediate cash proceeds or share sales; they should be viewed as compensation rather than a direct bullish/bearish trading signal.