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UPS (NYSE: UPS) exec exercises 1,831 units, 872 shares withheld

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

Rhea-AI Filing Summary

United Parcel Service (UPS) executive Kathleen M. Gutmann reported equity award activity involving Class A common stock. On February 13, 2026, she converted 1,831 Restricted Performance Units into an equal number of Class A shares at an exercise price of $0.0000 per share.

To satisfy tax obligations related to this award, 872 Class A shares were disposed of at $99.19 per share through a tax-withholding transaction. After these transactions, Gutmann directly beneficially owned 97,431.9136 Class A shares, including 2,678.5814 shares held in her 401(k) account.

Positive

  • None.

Negative

  • None.
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*
Gutmann Kathleen M.

(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)
Pres Intl, Healthcare and SCS
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 98,303.9136(1) D
Class A Common Stock 02/13/2026 F 872 D $99.19 97,431.9136(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 2,678.5814 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).
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.

FAQ

What insider transaction did Kathleen M. Gutmann report for UPS (UPS) on February 13, 2026?

Kathleen M. Gutmann reported converting 1,831 Restricted Performance Units into UPS Class A common stock. These units vested after a performance period and certification of results, increasing her direct share ownership before a related tax-withholding share disposition.

How many UPS shares did Kathleen M. Gutmann acquire through equity awards?

She acquired 1,831 UPS Class A shares via the exercise of Restricted Performance Units at an exercise price of $0.0000. Each unit equaled one share, reflecting the vesting and settlement of previously granted performance-based equity compensation.

How many UPS shares were disposed of for tax withholding in this Form 4?

A total of 872 UPS Class A shares were disposed of at $99.19 per share to cover tax liabilities. This transaction is coded "F," indicating payment of tax obligations by delivering already-earned shares rather than an open-market sale.

What is Kathleen M. Gutmann’s UPS share ownership after the reported transactions?

Following the reported transactions, Kathleen M. Gutmann beneficially owned 97,431.9136 UPS Class A shares directly. This amount includes 2,678.5814 shares held in her 401(k) account, as noted in the footnotes to the filing.

What are Restricted Performance Units (RPUs) in the UPS insider filing?

The filing describes Restricted Performance Units as awards where one unit equals one UPS Class A share. These RPUs vested after a performance period and were considered earned when financial results were certified by the board’s Compensation and Human Capital Committee.

What role does Kathleen M. Gutmann hold at UPS in this Form 4?

Kathleen M. Gutmann is identified as an officer of UPS with the title "Pres Intl, Healthcare and SCS." This indicates she is a senior executive responsible for international, healthcare, and supply chain solutions operations at the company.
United Parcel

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101.16B
738.72M
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Integrated Freight & Logistics
Trucking & Courier Services (no Air)
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United States
ATLANTA