Brian Newman - 16 Feb 2024 Form 4 Insider Report for UNITED PARCEL SERVICE INC (UPS)

Reporting relationship: Chief Financial Officer
Issuer ticker: UPS
Reported as of: 16 Feb 2024
Net transaction value: -$2,167,424
SEC form: 4
Accepted by SEC: 21 Feb 2024, 17:13:29 UTC
Prior SEC filing: 09 Feb 2024
Next SEC filing: 22 Mar 2024
Source filing: View source filing
Reporting owner signature: Eli Brown, Power of Attorney

Key filing fact

Brian Newman filed Form 4 for UNITED PARCEL SERVICE INC (UPS) on 21 Feb 2024.

Key facts

This page summarizes Brian Newman's Form 4 filing for UNITED PARCEL SERVICE INC (UPS).
6 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 21 Feb 2024, 17:13.

Change

Previous filing in this sequence was filed on 09 Feb 2024.
Current net transaction value: -$2,167,424.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

UPS transaction

Class A Common Stock

Options Exercise

Transaction value: $0
Shares: +26,847
Change %: +248%
Price: $0.000000
Shares after: 37,687
Date: 16 Feb 2024
Ownership: Direct
Footnotes: F1

UPS transaction

Class A Common Stock

Options Exercise

Transaction value: $0
Shares: +4,064
Change %: +11%
Price: $0.000000
Shares after: 41,751
Date: 16 Feb 2024
Ownership: Direct
Footnotes: F1

UPS transaction

Class A Common Stock

Tax liability

Transaction value: $269,658
Shares: -1,823
Change %: -4.4%
Price: $147.92
Shares after: 39,928
Date: 16 Feb 2024
Ownership: Direct
Footnotes: F1

UPS transaction

Class A Common Stock

Tax liability

Transaction value: $1,897,766
Shares: -12,070
Change %: -30%
Price: $157.23
Shares after: 27,858
Date: 16 Feb 2024
Ownership: Direct
Footnotes: F1

UPS holding

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 22,295
Date: 16 Feb 2024
Ownership: Direct

UPS holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 17,500
Date: 16 Feb 2024
Ownership: Family Trust 2023

UPS holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 4,528
Date: 16 Feb 2024
Ownership: Trust 2022

UPS holding

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 2,705
Date: 16 Feb 2024
Ownership: Trust 2022

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

UPS transaction Derivative

Restricted Performance Units

Options Exercise

Transaction value: $0
Shares: -26,847
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 16 Feb 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 26,847
Exercise price
Footnotes: F2, F3

UPS transaction Derivative

Restricted Units 2023

Options Exercise

Transaction value: $0
Shares: -4,064
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 16 Feb 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 4,064
Exercise price
Footnotes: F2, F4, F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Includes 191.8423 shares in the reporting person's 401(k) account.

Footnote F2

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

Footnote F3

RPUs were vested when earned on February 7, 2024.

Footnote F4

Each unit automatically converted into one share of Class A common stock following the first anniversary of the grant date.

Footnote F5

Includes dividend equivalent units attributable to the restricted units prior to conversion.