UPS executive exercises RSUs, boosts share holdings

United Parcel Service executive Matthew W. Guffey reported the May 15, 2026 vesting of 2,667.8342 restricted stock units, converting into the same number of Class A shares for no cash consideration.

Rhea-AI Filing Summary

United Parcel Service executive Matthew W. Guffey reported the May 15, 2026 vesting of 2,667.8342 restricted stock units, converting into the same number of Class A shares for no cash consideration. After related tax withholding of 1,189 shares at $100.78, he holds 8,580.5585 Class A shares, including 262.6176 shares in his 401(k). These restricted stock units vest 25% in May 2026, 25% in May 2027 and 50% in May 2028.

Insider Trade Summary

2,667.8342 shares exercised/converted

Exercise 3 txns

Insider Guffey Matthew W

Role CHF Commercial & Strategy Off

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	2,667.8342	$0.00	$0.00
Exercise	Class A Common Stock	2,667.8342	$0.00	$0.00
Exercise Price or Tax Liability	Class A Common Stock	1,189	$100.78	$120K

Holdings After Transaction: Restricted Stock Units — 8,001 contracts (Direct); Class A Common Stock — 8,580.5585 shares (Direct)

Footnotes (4)

1. F1. Includes 262.6176 shares in the reporting person's 401(k) account.
2. F2. Restricted stock units convert into shares of UPS Class A common stock on a one for one basis for no cash consideration.
3. F3. Restricted stock units vest 25% in May 2026, 25% in May 2027 and 50% in May 2028. Current vesting represents the first tranche of the 3 year vesting cycle.
4. F4. Includes units credited upon the payment of dividends on the underlying Class A common stock.

Key Figures

RSUs converted: 2,667.8342 shares Tax-withheld shares: 1,189 shares Post-transaction holdings: 8,580.5585 shares +3 more

6 metrics

RSUs converted 2,667.8342 shares Restricted stock units converting into Class A Common Stock on May 15, 2026

Tax-withheld shares 1,189 shares Class A shares disposed of to satisfy tax obligations at $100.78 per share

Post-transaction holdings 8,580.5585 shares Direct holdings of UPS Class A Common Stock after the reported transactions

Tax-withholding price $100.78 per share Price used in the F-coded tax-withholding disposition of 1,189 shares

401(k) shares 262.6176 shares Portion of Guffey’s direct holdings credited in his 401(k) account

RSU vesting schedule 25%, 25%, 50% RSUs vest 25% in May 2026, 25% in May 2027 and 50% in May 2028

Key Terms

Restricted stock units, tax-withholding disposition, 401(k) account, Class A Common Stock, +1 more

5 terms

Restricted stock units financial

"Restricted stock units convert into shares of UPS Class A common stock on a one for one basis"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

tax-withholding disposition financial

"transaction_action tax-withholding disposition, transaction code F for shares delivered for taxes"

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

401(k) account financial

"Includes 262.6176 shares in the reporting person's 401(k) account"

Class A Common Stock financial

"underlying_security_title Class A Common Stock received upon RSU conversion"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

vesting cycle financial

"Current vesting represents the first tranche of the 3 year vesting cycle"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did UPS (UPS) officer Matthew W. Guffey report?

Matthew W. Guffey reported the vesting and conversion of 2,667.8342 restricted stock units into Class A shares on May 15, 2026, and a related tax-withholding disposition of 1,189 Class A shares at $100.78 per share.

How many UPS (UPS) Class A shares does Matthew W. Guffey hold after these transactions?

After the reported transactions, Matthew W. Guffey holds 8,580.5585 UPS Class A Common shares directly. This total includes 262.6176 shares credited in his 401(k) account, as noted in the accompanying footnotes.

What were the terms of the restricted stock units in Matthew W. Guffey’s UPS (UPS) award?

The restricted stock units convert into UPS Class A Common Stock on a one-for-one basis for no cash consideration. They vest 25% in May 2026, 25% in May 2027 and 50% in May 2028, over a three-year cycle.

How many UPS (UPS) shares were withheld for Matthew W. Guffey’s taxes and at what price?

A total of 1,189 UPS Class A shares were disposed of to satisfy tax obligations, in a transaction coded as F, at a price of $100.78 per share, reflecting tax-withholding mechanics rather than an open-market sale.

Does Matthew W. Guffey’s UPS (UPS) holding include shares in a retirement plan?

Yes. The reported holdings include 262.6176 UPS Class A shares in Matthew W. Guffey’s 401(k) account. Footnotes clarify that these plan shares are part of his overall direct ownership position after the May 15, 2026 transactions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/15/2026 - 04:11 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Guffey Matthew W

(Last) (First) (Middle)

55 GLENLAKE PARKWAY, NE

(Street)

ATLANTA GEORGIA 30328

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
UNITED PARCEL SERVICE INC [ UPS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CHF Commercial & Strategy Off

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	05/15/2026		M		2,667.8342	A	$0.0000	9,769.5585(1)	D
Class A Common Stock	05/15/2026		F		1,189	D	$100.78	8,580.5585(1)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(2)	05/15/2026		M			2,667.8342	(3)	(3)	Class A Common Stock	2,667.8342	$0.0000	8,001(4)	D

Explanation of Responses:

1. Includes 262.6176 shares in the reporting person's 401(k) account.

2. Restricted stock units convert into shares of UPS Class A common stock on a one for one basis for no cash consideration.

3. Restricted stock units vest 25% in May 2026, 25% in May 2027 and 50% in May 2028. Current vesting represents the first tranche of the 3 year vesting cycle.

4. Includes units credited upon the payment of dividends on the underlying Class A common stock.

	Michael Hanson, Power of Attorney	05/15/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)