UPS Chief US Domestic Officer Sells 97% of Direct Common Stock Holdings

Executive Summary

On October 28, 2026, Matthew W. Guffey, Chief US Domestic Officer of United Parcel Service Inc ($UPS), executed an open-market sale of 8,317.94 shares of Class A Common Stock at a price of $105.39 per share, totaling approximately $876,628.

Transaction Details

• Security: Class A Common Stock
• Transaction Code: S (Open-market sale)
• Shares Sold: 8,317.9409
• Execution Price: $105.39
• Gross Proceeds: $876,627.79
• Post-Transaction Beneficial Ownership: 270.7483 shares (held entirely in the reporting person's 401(k) account)
• Rule 10b5-1 Indicator: No (aff10b5One = 0)

Key Takeaways and Significance

• Substantial Stake Reduction: This transaction represents a disposal of nearly all of Mr. Guffey's direct common stock holdings (~97% reduction), leaving only residual shares held in his 401(k).
• Absence of Pre-Scheduled Plan: The filing indicates the sale was not conducted pursuant to an affirmative Rule 10b5-1 trading plan.
• Significance: High, due to the high percentage of holdings liquidated by a senior executive officer.