UPS (NYSE: UPS) CFO exercises 499 units, with 249 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
United Parcel Service (UPS) Chief Financial Officer Brian M. Dykes reported equity compensation transactions. On February 13, 2026, he exercised 499 Restricted Performance Units, converting them into 499 shares of UPS Class A common stock at an exercise price of $0.0000 per share.
On the same date, 249 Class A shares were disposed of under code F at a price of $99.19 per share to satisfy tax withholding obligations. After these transactions, he directly owned 14,222.1856 UPS Class A shares, including 529.9027 shares in his 401(k) account.
Positive
- None.
Negative
- None.
Insider Trade Summary
499 shares exercised/converted
Mixed
3 txns
Insider
Dykes Brian M
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Performance Units | 499 | $0.00 | -- |
| Exercise | Class A Common Stock | 499 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 249 | $99.19 | $25K |
Holdings After Transaction:
Restricted Performance Units — 0 shares (Direct);
Class A Common Stock — 14,471.186 shares (Direct)
Footnotes (1)
- Includes 529.9027 shares in the reporting person's 401(k) account. One unit is equivalent to one share of UPS Class A common stock. RPUs vested upon completion of the performance period, and were considered earned upon certification of financial results by the Compensation and Human Capital Committee of the Board, which occurred on February 4, 2026.
FAQ
What insider transaction did UPS (UPS) CFO Brian M. Dykes report?
Brian M. Dykes reported exercising 499 Restricted Performance Units into 499 UPS Class A shares at $0.0000 per share. He also had 249 shares withheld at $99.19 per share to cover tax obligations, as disclosed in the Form 4.
What do the 499 Restricted Performance Units mean in the UPS (UPS) filing?
The 499 Restricted Performance Units were equity awards, each equivalent to one UPS Class A share. They vested following completion of a performance period and certification of results on February 4, 2026, then were exercised into 499 common shares at a $0.0000 exercise price.
What is the role of performance certification in the UPS (UPS) RPUs?
The Restricted Performance Units vested upon completion of a performance period and were considered earned only after financial results were certified. Certification was performed by the Compensation and Human Capital Committee of the Board on February 4, 2026, triggering the vesting described.