Form 4: UPS Executive Matthew Guffey Reports Stock Transactions
SEC Form 4 Filing
Matthew Guffey, CHF Commercial & Strategy Officer at United Parcel Service, reports acquisition and disposal of Class A Common Stock on February 14, 2025.
Summary
- On February 14, 2025, Matthew Guffey, CHF Commercial & Strategy Officer at United Parcel Service Inc. (UPS), reported transactions involving Class A Common Stock.
- Guffey acquired 1,416 shares of Class A Common Stock upon the vesting of Restricted Performance Units (RPUs).
- He also disposed of 634 shares to cover tax obligations at a price of $126.1 per share.
- Following these transactions, Guffey directly owns 5,154.0307 shares of Class A Common Stock, which includes 241.8629 shares held in his 401(k) account.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This is a routine disclosure of stock transactions by a company executive, which is common practice for publicly traded companies. It provides transparency into the trading activities of company insiders.
Comparison to Industry Standards
- Form 4 filings are standard practice for executives at publicly traded companies like UPS, similar to filings made by executives at FedEx (FDX) and other major logistics firms.
- The transactions reported are typical for executives receiving and vesting stock-based compensation.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine executive compensation activities.
Key Dates
| Date | Description |
|---|---|
| 02/05/2025 | Certification of financial results by the Compensation and Human Capital Committee of the Board. |
| 02/14/2025 | Date of stock transactions (acquisition and disposal). |
| 02/18/2025 | Date of signature by Michael Hanson, Power of Attorney. |
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