Form 4: UPS Executive Kathleen Gutmann Reports Stock Transactions

Kathleen Gutmann, a UPS executive, reported the vesting of restricted performance units and subsequent disposition of shares to cover tax obligations.

Summary

• On February 14, 2025, Kathleen Gutmann, Pres Intl, Healthcare and SCS at United Parcel Service Inc (UPS), reported transactions involving Class A Common Stock.
• 7,430 Restricted Performance Units (RPUs) vested and were converted into Class A Common Stock.
• Ms. Gutmann disposed of 2,252 shares of Class A Common Stock at a price of $126.1 to satisfy tax obligations.
• Following these transactions, Ms. Gutmann beneficially owns 96,300.1002 shares of Class A Common Stock directly and 2,505.7680 shares in her 401(k) account.
• She also holds no derivative securities after the reported transactions.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions, with no inherent positive or negative implications for the company's performance or outlook.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common for publicly traded companies like UPS. It provides transparency into the executive's holdings and transactions in the company's stock.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they represent a small portion of the total outstanding shares.

Key Dates