STOCK TITAN

UPS (NYSE: UPS) awards 11,424 RSUs to chief commercial and strategy officer

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

UNITED PARCEL SERVICE INC granted a new equity award to a senior executive. Chief Commercial & Strategy Officer Matthew W. Guffey received 11,424 Restricted Stock Units 2026 as a compensation grant. Each unit will automatically convert into one share of Class A common stock when it is delivered.

The restricted stock units vest over three years, with one-third vesting on each of May 6, 2027, May 6, 2028, and May 6, 2029. Following this grant, Guffey holds 11,424 restricted stock units directly, aligning part of his pay with UPS share performance over time.

Positive

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Insider Guffey Matthew W
Role CHF Commercial & Strategy Off
Type Security Shares Price Value
Grant/Award Restricted Stock Units 2026 11,424 $0.00 --
Holdings After Transaction: Restricted Stock Units 2026 — 11,424 shares (Direct, null)
Footnotes (1)
  1. Restricted stock units awarded as a component of Long Term Incentive Program award. Each unit automatically converts into one share of Class A common stock. Restricted stock units vest as follows: 1/3rd on each of May 6, 2027, 2028 and 2029.
RSU grant size 11,424 units Restricted Stock Units 2026 granted to Matthew W. Guffey
Underlying shares 11,424 shares Each unit converts into one share of Class A common stock
Post-grant RSU holdings 11,424 units Total restricted stock units held following the transaction
Vesting date 1 May 6, 2027 One-third of the restricted stock units vest
Vesting date 2 May 6, 2028 Second one-third of the restricted stock units vest
Vesting date 3 May 6, 2029 Final one-third of the restricted stock units vest
RSU expiration May 6, 2029 Expiration date listed for Restricted Stock Units 2026
Restricted Stock Units 2026 financial
"security_title: Restricted Stock Units 2026"
Long Term Incentive Program financial
"awarded as a component of Long Term Incentive Program award"
A long term incentive program is a multi-year pay plan that gives key employees stock, stock options or cash rewards only if the company meets predefined performance goals or the employees stay with the company. It matters to investors because it aligns managers’ decisions with shareholder interests, affects future earnings through compensation costs and potential share dilution, and signals how leadership is being motivated to grow the business—like a multi-year bonus tied to the company’s scoreboard.
Class A common stock financial
"Each unit automatically converts into one share of Class A common stock"
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.
vest financial
"Restricted stock units vest as follows: 1/3rd on each of May 6, 2027, 2028 and 2029"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
SEC Form 4
FORM 4UNITED 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
CHF Commercial & Strategy Off
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/06/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units 2026(1)05/06/2026A11,424 (2)05/06/2029Class A Common Stock11,424$0.000011,424D
Explanation of Responses:
1. Restricted stock units awarded as a component of Long Term Incentive Program award. Each unit automatically converts into one share of Class A common stock.
2. Restricted stock units vest as follows: 1/3rd on each of May 6, 2027, 2028 and 2029.
Michael Hanson, Power of Attorney05/08/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did UPS (UPS) executive Matthew Guffey report?

Matthew W. Guffey reported receiving 11,424 Restricted Stock Units 2026 as a compensation grant from UPS. These units are part of a long-term incentive award and will convert into Class A common stock as they vest over a three-year period.

How many UPS restricted stock units did Matthew Guffey receive in this Form 4?

He received 11,424 Restricted Stock Units 2026 in a single grant. Each restricted stock unit represents a right to receive one share of UPS Class A common stock, subject to the vesting schedule outlined in the award’s terms and conditions.

What is the vesting schedule for Matthew Guffey’s 11,424 UPS restricted stock units?

The 11,424 restricted stock units vest in three equal installments. One-third vests on May 6, 2027, another third on May 6, 2028, and the final third on May 6, 2029, reflecting a multi-year retention and incentive structure.

What does each of Matthew Guffey’s UPS Restricted Stock Units 2026 convert into?

Each restricted stock unit automatically converts into one share of UPS Class A common stock. This conversion occurs as the units vest under the company’s Long Term Incentive Program, directly linking the executive’s award value to UPS’s future share price.

How many UPS restricted stock units does Matthew Guffey hold after this grant?

After this grant, Matthew Guffey holds 11,424 Restricted Stock Units 2026 directly. This entire position comes from the newly awarded long-term incentive grant, which is scheduled to vest in three equal annual tranches from 2027 through 2029.