UPS Filings — United Parcel Service, Inc - FilingSpy
UPS
United Parcel Service, Inc
A global package delivery and logistics company moving parcels across the globe, UPS handles time-definite air and ground shipping plus healthcare logistics that keep temperature-sensitive medicines moving through its cold chain. Its U.S. Domestic Package segment offers Ground Saver for lightweight residential shipments, while Supply Chain Solutions covers forwarding, customs brokerage, and digital logistics. Hundreds of thousands of people work for the company worldwide, with most U.S. employees unionized under a Teamsters agreement.
UPS agrees to sell $325,105,000 of Floating Rate Senior Notes due 2076
The net proceeds from the transaction are intended for general corporate purposes.
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On August 14, 2026, UPS entered into an Underwriting Agreement with underwriters listed on Schedule II to sell $325,105,000 aggregate principal amount of Floating Rate Senior Notes due 2076.
The Underwriting Agreement is filed as Exhibit 1.1 and incorporated by reference into UPS's Form S-3 Registration Statement (No. 333-285036).
The filing also includes the form of the notes, a legal opinion from King & Spalding LLP, and related consents.
The report was filed under Item 8.01 to file documents related to the debt offering with the SEC.
8.01 Other Events · 9.01 Financial Statements and Exhibits
UPS agrees to sell $1B of 4.850% Senior Notes due 2031, contributing $450M to pension trusts
UPS will contribute $200,000,000 of the Notes to the UPS Retirement Plan Trust and $250,000,000 to the Master Trust, which funds three defined benefit pension plans.
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On August 10, 2026, UPS entered into an underwriting agreement to sell $1,000,000,000 principal amount of 4.850% Senior Notes due 2031.
Net proceeds from the offering will be used for general corporate purposes; UPS will not receive proceeds from the Notes contributed to the Trusts.
The filing was made to incorporate related documents into UPS's Form S-3 registration statement (No. 333-285036).
Exhibits include the underwriting agreement, form of notes, and legal opinion from King & Spalding LLP.
8.01 Other Events · 9.01 Financial Statements and Exhibits
UPS reports Q2 2026 revenue of $22.8B, raises full-year guidance
Consolidated Q2 2026 revenue was $22.8 billion, with GAAP operating margin of 4.1% and non-GAAP adjusted operating margin of 9.2%.
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GAAP diluted EPS was $0.71; non-GAAP adjusted diluted EPS was $1.76, including $891 million in after-tax transformation charges.
U.S. Domestic segment revenue rose 6.0% to $14.93 billion; International revenue rose 12.5% to $5.04 billion; Supply Chain Solutions revenue rose 7.8% to $2.86 billion.
UPS raised full-year 2026 guidance: revenue to approximately $91.2 billion, non-GAAP adjusted operating profit to approximately $8.65 billion, and non-GAAP adjusted diluted EPS to approximately $7.22.
The company confirmed expected capital expenditures of about $3.0 billion and dividend payments of around $5.4 billion for 2026.
2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits
UPS director Kevin M. Warsh resigns after Senate confirmation as Federal Reserve Chairman
The resignation was automatic upon confirmation, as previously disclosed in a February 6, 2026 Form 8-K.
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Kevin M. Warsh resigned from the UPS Board of Directors effective May 13, 2026, upon his Senate confirmation as Chairman of the Federal Reserve Board of Governors.
UPS stated the resignation was not due to any disagreement with the company on operations, policies, or practices.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
UPS shareholders approve 2026 Omnibus Incentive Compensation Plan at annual meeting
At the May 7, 2026 annual meeting, UPS shareholders approved the 2026 Omnibus Incentive Compensation Plan, which allows grants of stock appreciation rights, restricted stock, restricted stock units, restricted performance shares, restricted performance units, shares, or cash awards.
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All twelve director nominees were elected, including Carol B. Tomé, William Johnson, and Kevin Warsh, with votes ranging from 772 million to 923 million for each nominee.
The advisory vote on named executive officer compensation passed with 870,170,397 votes for and 151,229,847 against.
Shareholders ratified Deloitte & Touche LLP as the independent registered public accounting firm for 2026, with 1,106,770,802 votes for.
Three shareowner proposals—on class A voting power, a racial impact audit, and carbon neutrality reporting—all failed to pass.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 5.07 Submission of Matters to a Vote of Security Holders · 9.01 Financial Statements and Exhibits
UPS reports Q1 2026 revenue of $21.2B, diluted EPS of $1.02, reaffirms full-year guidance
Consolidated Q1 2026 revenue was $21.2 billion, with operating margin of 6.0% (non-GAAP adjusted 6.2%).
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Diluted EPS was $1.02; non-GAAP adjusted diluted EPS was $1.07, including $42 million after-tax transformation charges.
U.S. Domestic revenue declined 2.3% to $14.1 billion; International revenue rose 3.8% to $4.5 billion; Supply Chain Solutions revenue fell 6.5% to $2.5 billion.
UPS director Kevin Warsh to resign if confirmed as Federal Reserve Chairman
On January 30, 2026, President Trump announced intent to nominate UPS board member Kevin M. Warsh as Chairman of the Federal Reserve Board of Governors, subject to Senate confirmation.
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On February 2, 2026, Warsh informed UPS he would resign as a director if confirmed.
Warsh's decision was not due to any disagreement with UPS on operations, policies, or practices.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements