UPS (UPS) president reports 1,831 restricted units vesting and tax withholding

Rhea-AI Filing Summary

United Parcel Service executive Nando Cesarone reported equity award activity involving Class A common stock. On February 13, 2026, he exercised 1,831 restricted performance units, receiving an equal number of Class A shares at an exercise price of $0.0000 per share.

To satisfy tax obligations, 871 Class A shares were disposed of through share withholding at $99.19 per share. After these transactions, he directly beneficially owned 41,532.1415 Class A shares, including 336.1485 shares held in his 401(k) account, and also held 1 Class B share.

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

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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^*

Cesarone Nando

(Last) (First) (Middle)

55 GLENLAKE PARKWAY, NE

(Street)

ATLANTA GA 30328

(City) (State) (Zip)

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)
	President, US Operations

3. Date of Earliest Transaction (Month/Day/Year)
02/13/2026

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

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

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

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	02/13/2026		M		1,831	A	$0.0000	42,403.1415(1)	D
Class A Common Stock	02/13/2026		F		871	D	$99.19	41,532.1415(1)	D
Class B Common Stock								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 Performance Units	(2)	02/13/2026		M			1,831	(3)	(3)	Class A Common Stock	1,831	$0.0000	0.0000	D

Explanation of Responses:

1. Includes 336.1485 shares in the reporting person's 401(k) account.

2. One unit is equivalent to one share of UPS Class A common stock.

3. 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.

	Michael Hanson, Power of Attorney	02/13/2026
	** 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).
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FAQ

What insider transaction did UPS (UPS) executive Nando Cesarone report?

Nando Cesarone reported exercising 1,831 restricted performance units into UPS Class A shares. The units converted at an exercise price of $0.0000 per share, reflecting the vesting of a previously granted equity award rather than an open-market stock purchase.

How many UPS Class A shares were withheld for taxes in this Form 4?

UPS withheld 871 Class A shares to cover tax obligations. These shares were disposed of at a price of $99.19 per share, reflecting a tax-withholding transaction rather than a discretionary sale of stock into the open market.

How many UPS Class A shares does Nando Cesarone own after the reported transactions?

After the transactions, Cesarone beneficially owned 41,532.1415 UPS Class A shares. This figure includes 336.1485 shares held in his 401(k) account, as disclosed in the footnotes to the Form 4 filing.

What derivative securities were involved in Nando Cesarone’s UPS Form 4 filing?

The filing involves restricted performance units equivalent to UPS Class A shares. Cesarone exercised 1,831 restricted performance units, each equal to one Class A share, following vesting after the performance period and certification of financial results by the board committee.

Does the UPS Form 4 show any open-market stock purchases or sales by Nando Cesarone?

The reported transactions involve equity award vesting and tax withholding, not open-market trades. Shares were acquired through exercise of restricted performance units and some were disposed of solely to satisfy tax liabilities associated with that vesting event.

What additional UPS shares does Nando Cesarone hold outside regular brokerage accounts?

Cesarone’s holdings include 336.1485 UPS Class A shares in his 401(k) account. The Form 4 footnotes clarify this retirement-plan position, which is counted within his total directly beneficially owned Class A share balance after the reported transactions.