Form 4: UPS Executive Matthew Guffey Reports Stock Transactions

Matthew Guffey, CHF Commercial & Strategy Officer at United Parcel Service Inc., reports the vesting of restricted stock units and subsequent sale of shares to cover tax obligations.

Summary

• On February 3, 2025, Matthew Guffey, a key officer at United Parcel Service Inc. (UPS), engaged in transactions involving Class A Common Stock and Restricted Stock Units (RSUs).
• Guffey vested 1,473.1675 RSUs, which converted into an equal number of Class A Common Stock shares.
• Simultaneously, Guffey disposed of 713.1161 shares of Class A Common Stock at a price of $114.23 per share.
• These transactions resulted in Guffey holding 4,372.0307 shares of Class A Common Stock directly and 2,947 derivative securities (RSUs).

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.

Key Dates