UPS Reports Initial Ownership for New Officer Wilfredo Ramos

Executive Summary

On September 3, 2026, United Parcel Service, Inc. (NYSE: UPS) filed an initial statement of beneficial ownership (Form 3) for Wilfredo Ramos, who serves as Chief Intl, Healthcare and SCS, with an effective event date of September 1, 2026.

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Holdings Breakdown

1. Non-Derivative Securities

• Class A Common Stock (Direct): 790.2922 shares (including 784.3925 shares held in a 401(k) account).
• Class B Common Stock (Indirect): 5.0000 shares held indirectly by spouse.

2. Derivative Securities (Stock Options & RSUs)

• Stock Options (Class A Common):
  • 4,144 shares at an exercise price of $95.89, expiring May 9, 2035 (vests 20% annually starting May 9, 2026).
  • 17,293 shares at an exercise price of $116.74, expiring February 4, 2036 (vests 20% annually starting February 4, 2027).
  • 2,044 shares at an exercise price of $154.76, expiring March 20, 2034 (vests 20% annually starting March 20, 2025).
  • 1,599 shares at an exercise price of $185.54, expiring March 22, 2033 (vests 20% annually starting March 22, 2024).
• Restricted Stock Units (RSUs):
  • 1,975.3682 units (RSU 2025): Vests 25% on May 9, 2026, 25% on May 9, 2027, and 50% on May 9, 2028.
  • 4,843.0018 units (RSU 2026): Vests one-third annually on May 6, 2027, 2028, and 2029.

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Trading Significance

• Significance Level: Low
• This filing represents an initial declaration of beneficial ownership following a promotion or appointment to an executive reporting role under Section 16, rather than open-market buying or selling activity.