UPS EVP & Chief Global Operations Officer Awarded 58,446 RSUs

Executive Summary

On September 3, 2026, United Parcel Service, Inc. ($UPS) submitted a Form 4 filing disclosing an equity grant to Nando Cesarone, the company's Chief Global Operations Officer. On September 1, 2026, Mr. Cesarone was awarded 58,446 Restricted Stock Units (RSUs) under the United Parcel Service, Inc. Incentive Compensation Plan at an exercise price of $0.00.

Key Transaction Details

• Insider Name: Nando Cesarone
• Role: Chief Global Operations Officer
• Transaction Type: Acquisition (Grant / Award, Code A)
• Security: Restricted Stock Units
• Volume: 58,446 units
• Price per Unit: $0.00
• Post-Transaction Position: 58,446 derivative units held directly
• Vesting Schedule: 25% vest on each of September 1, 2027, and September 1, 2028; the remaining 50% vest on September 1, 2029. Each unit automatically converts into one share of Class A Common Stock upon vesting.

Market and Trading Assessment

This transaction represents routine executive compensation and incentive alignment rather than open-market buying or selling activity. Consequently, it carries Low trading significance and should not be interpreted as an active directional bet by the insider.