Brothers Norman M. Jr 4

What Happened Norman M. Brothers Jr., Chief Legal & Compliance Officer at United Parcel Service (UPS), was granted 8,911 restricted stock units (RSUs) on May 6, 2026. The Form 4 lists this as a derivative award (code A) with a reported acquisition price of $0. These RSUs convert into one share of UPS Class A common stock apiece when vested; the filing does not state a cash value for the award.

Key Details

• Transaction date: 2026-05-06; Form 4 filed: 2026-05-08 (timely filing).
• Grant: 8,911 RSUs, reported acquisition price $0 (derivative award).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote (award terms): RSUs are part of the Long Term Incentive Program and each unit converts into one share on vesting.
• Vesting schedule: 1/3rd vests on each of May 6, 2027; May 6, 2028; and May 6, 2029.
• Transaction code: A = Award/Grant (derivative instrument).

Context This was an equity compensation award (not an open‑market purchase or sale). Awards like RSUs are common executive compensation and do not by themselves indicate an insider buying or selling stock for investment reasons; value to the insider depends on future UPS share price and the vesting schedule.