Guffey Matthew W 4

What Happened

• Matthew W. Guffey, Commercial & Strategy Officer at United Parcel Service (UPS), was granted a total of 39,022 derivative awards on February 4, 2026. The filing shows two awards: 38,583 units and 439 units, each recorded at $0.00 (these are grants/awards, not open-market purchases or sales).

Key Details

• Transaction date: 2026-02-04; recorded price: $0.00 (grant).
• Total awards: 38,583 + 439 = 39,022 units.
• Shares owned after transaction: not disclosed in the provided filing excerpt.
• Footnotes included in the filing:
  • F1: An award that vests at 20% annually beginning Feb 4, 2027 (typical for time‑vested option awards).
  • F2: Restricted performance units that automatically convert into one share of Class A common stock after the performance period.
• Filing date: 2026-02-06 — the Form 4 was filed within the normal reporting window (timely).

Context

• These entries are compensation grants (derivative awards), not purchases or sales. One award appears to be subject to a multi‑year vesting schedule; the other are performance units that convert 1:1 into shares after the performance period. Compensation grants are routine for executives and reflect company pay programs rather than direct market bets.