JOHNSON WILLIAM R 4
Research Summary
AI-generated summary
UPS Director William R. Johnson Receives 2,647 RSUs
What Happened
- William R. Johnson, a director of United Parcel Service, was awarded 2,647 restricted stock units (RSUs) on 2026-05-07. The filing reports the acquisition as a grant (transaction code A) at $0.00 (derivative award), so no cash changed hands at grant.
Key Details
- Transaction date: 2026-05-07; Filed: 2026-05-08 (timely, one day after transaction)
- Transaction type: Grant / Award (derivative security, code A)
- Shares/units granted: 2,647 units; reported acquisition price: $0.00; reported value at grant: $0
- Shares owned after transaction: Not specified in the filing
- Footnotes from the filing:
- F1: One unit = one share of UPS Class A common stock.
- F2: RSUs convert into one share of UPS Class A common stock per unit upon termination of service as a director.
- F3: Units include dividend equivalents credited when dividends are paid on the underlying stock.
Context
- This is a compensation grant (RSUs), not an open-market purchase or sale. RSU grants are routine director compensation and do not by themselves indicate buying or selling intent. As derivative awards, these units typically convert to actual shares later (here, on termination of service) and include dividend equivalents per the footnotes.