FINHUB Insights

What the executives and directors of United Parcel Service actually did with their own shares, decoded from three years of SEC Form 4 filings.

−$2.6M net open-market flow, 12 m
1 open-market buys, 12 m
0% of sale value on 10b5-1 plans
349 days since an insider bought

The tape: three years of insider trades

Open-market buy Discretionary sale Planned sale (10b5-1) Reported-price path Routine
$50$100$1502024Jul2025Jul2026JulLane Laura J — routine flow, 2,796 (2023-08-09)Guffey Matthew — routine flow, 2,093 (2024-02-01)TOME CAROL B — routine flow, 105.7K (2024-02-16)Gutmann Kathleen M. — routine flow, 29.7K (2024-02-16)Ford Darrell L — routine flow, 25.4K (2024-02-16)Brothers Norman M. Jr — routine flow, 24.5K (2024-02-16)Subramanian Bala — routine flow, 8,017 (2024-02-16)Cesarone Nando — routine flow, 32.6K (2024-02-16)Newman Brian — routine flow, 44.8K (2024-02-16)Lane Laura J — routine flow, 20.4K (2024-02-16)Guffey Matthew — routine flow, 5,470 (2024-02-16)Guffey Matthew — routine flow, 1,647 (2024-03-20)Gutmann Kathleen M. — routine flow, 884 (2024-03-25)Subramanian Bala — routine flow, 12.5K (2024-07-18)Lane Laura J — routine flow, 1,175 (2024-08-08)Gutmann Kathleen M. — routine flow, 3,732 (2024-11-26)Guffey Matthew W — routine flow, 2,186 (2025-02-03)TOME CAROL B — routine flow, 34.9K (2025-02-14)Gutmann Kathleen M. — routine flow, 9,682 (2025-02-14)Ford Darrell L — routine flow, 7,091 (2025-02-14)Brothers Norman M. Jr — routine flow, 7,315 (2025-02-14)Subramanian Bala — routine flow, 10.9K (2025-02-14)Cesarone Nando — routine flow, 10K (2025-02-14)Guffey Matthew W — routine flow, 2,050 (2025-02-14)Dykes Brian M — routine flow, 2,411 (2025-02-14)Dykes Brian M — routine flow, 3,820 (2025-03-24)Guffey Matthew W — routine flow, 4,611 (2026-02-02)TOME CAROL B — routine flow, 10.1K (2026-02-13)Gutmann Kathleen M. — routine flow, 2,703 (2026-02-13)Ford Darrell L — routine flow, 1,779 (2026-02-13)Brothers Norman M. Jr — routine flow, 1,867 (2026-02-13)Subramanian Bala — routine flow, 2,146 (2026-02-13)Cesarone Nando — routine flow, 2,702 (2026-02-13)Guffey Matthew W — routine flow, 635 (2026-02-13)Dykes Brian M — routine flow, 748 (2026-02-13)Gutmann Kathleen M. — routine flow, 5,134 (2026-05-15)Ford Darrell L — routine flow, 3,143 (2026-05-15)Brothers Norman M. Jr — routine flow, 3,621 (2026-05-15)Subramanian Bala — routine flow, 4,113 (2026-05-15)Cesarone Nando — routine flow, 5,134 (2026-05-15)Guffey Matthew W — routine flow, 3,857 (2026-05-15)Dykes Brian M — routine flow, 4,536 (2026-05-15)Routine: vests, tax, giftsCesarone Nando (Officer) — Discretionary sale: 22.8K @ $171.7 = $3.9M (2023-08-16)Brothers Norman M. Jr (Officer) — Discretionary sale: 7,325 @ $138.57 = $1M (2024-11-25)Cesarone Nando (Officer) — Discretionary sale: 10K @ $137.1 = $1.4M (2024-11-25)Brothers Norman M. Jr (Officer) — Discretionary sale: 25K @ $106.15 = $2.7M (2026-01-28)×3Boratto Eva C (Director) — Open-market buy: 1,400 @ $142.3 = $199K (2024-02-02)JOHNSON WILLIAM R (Director) — Open-market buy: 5,000 @ $128.61 = $643K (2024-07-25)JOHNSON WILLIAM R (Director) — Open-market buy: 5,000 @ $86.5 = $433K (2025-07-31)TOME CAROL B (CEO) — Open-market buy: 11.7K @ $85.67 = $1M (2025-08-01)Shi Christiana Smith (Director) — Open-market buy: 500 @ $88.17 = $44K (2025-08-22)Cesarone $3.9MBrothers $2.7M

Every marker sits at the exact price reported on the Form 4. The line is the monthly median of all prices insiders reported, so the chart needs no market feed; the gray strip is routine flow (vestings, tax withholding, gifts) that headlines love to miscount as selling.

Where the shares went, last 12 months

From holdings: 714From holdings 714Vested / exercised: 40.3KVested / exercised 40.3KBought on market: 500Bought on market 500Other in: 25KOther in 25KWithheld for tax: 16.5KWithheld for tax 16.5KDiscretionary sales: 25KDiscretionary sales 25KOther out: 25KOther out 25K

Every Form 4 movement decomposed: what flowed in (grants, vested equity, purchases) and what flowed out (tax withholding, plan sales, discretionary sales, gifts). Counted in shares, because grants carry no price.

Skin in the game

10020222023202420252026Brothers Norman M. JrGutmann Kathleen M.TOME CAROL BTome 156Gutmann 130.6Brothers 67.7

Directly held shares as reported after each trade, indexed to 100 five years back. Direct holdings only: trust and family-entity positions are per-entity in the filings and do not sum honestly, so this chart refuses to guess. The steps are the trades.

Who holds what

Insider Role Shares held Buys 12 m Sales 12 m 12 m Last trade
TOME CAROL B Chief Executive Officer CEO 175K 2025-08-01
Gutmann Kathleen M. Pres Intl, Healthcare and SCS Officer 101K 2023-02-02
Cesarone Nando President, US Operations Officer 45.1K 2024-11-25
Newman Brian Chief Financial Officer CFO 40.4K 2023-02-17
Brothers Norman M. Jr Chief Legal & Compliance Off Officer 26.2K $2.7M 2026-01-28
Subramanian Bala Chief Digital & Tech Officer Officer 25.6K
Ford Darrell L Chief Human Resources Officer Officer 25.4K 2023-02-14
Lane Laura J CHF Crp Aff, Com & Sustain Off Officer 25.3K 2023-02-21
WARREN KEVIN M Chief Marketing Officer Officer 19K 2022-08-02
Dykes Brian M Chief Financial Officer CFO 17.4K
JOHNSON WILLIAM R Director 10.2K 2025-07-31
Guffey Matthew W CHF Commercial & Strategy Off Officer 9,770
Boratto Eva C Director 1,400 2024-02-02
Shi Christiana Smith Director 500 $44K 2025-08-22

Open-market trade log

Date Insider Type Shares Price Value Since trade Filed
2026-01-28 Brothers Norman M. Jr (Officer) Discretionary sale 388 $107.68 $42K -0.9% 2026-01-28
2026-01-28 Brothers Norman M. Jr (Officer) Discretionary sale 3,241 $106.68 $346K 0% 2026-01-28
2026-01-28 Brothers Norman M. Jr (Officer) Discretionary sale 21.4K $106.04 $2.3M +0.6% 2026-01-28
2025-08-22 Shi Christiana Smith (Director) Open-market buy 500 $88.17 $44K +21% 2025-08-26
2025-08-01 TOME CAROL B (CEO) Open-market buy 11.7K $85.67 $1M +24.5% 2025-08-01
2025-07-31 JOHNSON WILLIAM R (Director) Open-market buy 5,000 $86.50 $433K +23.3% 2025-08-01
2024-11-25 Brothers Norman M. Jr (Officer) Discretionary sale 7,325 $138.57 $1M -23% 2024-11-27
2024-11-25 Cesarone Nando (Officer) Discretionary sale 10K $137.10 $1.4M -22.2% 2024-11-27
2024-07-25 JOHNSON WILLIAM R (Director) Open-market buy 5,000 $128.61 $643K -17.1% 2024-07-25
2024-02-02 Boratto Eva C (Director) Open-market buy 1,400 $142.30 $199K -25% 2024-02-05
2023-08-16 Cesarone Nando (Officer) Discretionary sale 22.8K $171.70 $3.9M -37.9% 2023-08-16
2023-02-21 Lane Laura J (Officer) Discretionary sale 800 $179.22 $143K -40.5% 2023-02-22
2023-02-21 Lane Laura J (Officer) Discretionary sale 6,200 $178.52 $1.1M -40.2% 2023-02-22
2023-02-21 Lane Laura J (Officer) Discretionary sale 7,617 $177.76 $1.4M -40% 2023-02-22
2023-02-17 Brothers Norman M. Jr (Officer) Discretionary sale 2,149 $183.51 $394K -41.9% 2023-02-22
2023-02-17 Brothers Norman M. Jr (Officer) Discretionary sale 4,112 $182.70 $751K -41.6% 2023-02-22
2023-02-17 Brothers Norman M. Jr (Officer) Discretionary sale 14.5K $181.96 $2.6M -41.4% 2023-02-22
2023-02-17 Newman Brian (CFO) Discretionary sale 19K $182.46 $3.5M -41.5% 2023-02-22
2023-02-14 Ford Darrell L (Officer) Discretionary sale 5,034 $185.53 $934K -42.5% 2023-02-16
2023-02-02 Gutmann Kathleen M. (Officer) Discretionary sale 11.1K $189.65 $2.1M -43.8% 2023-02-03
2023-02-02 Gutmann Kathleen M. (Officer) Discretionary sale 11.3K $187.35 $2.1M -43.1% 2023-02-03
2023-02-02 Gutmann Kathleen M. (Officer) Discretionary sale 14.8K $186.72 $2.8M -42.9% 2023-02-03
2023-02-02 Gutmann Kathleen M. (Officer) Discretionary sale 18.4K $188.64 $3.5M -43.5% 2023-02-03
2023-02-02 Cesarone Nando (Officer) Discretionary sale 7,767 $190.00 $1.5M -43.9% 2023-02-03
2022-08-11 Gutmann Kathleen M. (Officer) Discretionary sale 21.3K $204.51 $4.4M -47.8% 2022-08-12
2022-08-02 WARREN KEVIN M (Officer) Discretionary sale 10.3K $194.81 $2M -45.2% 2022-08-03
2022-08-02 WARREN KEVIN M (Officer) Discretionary sale 13.1K $192.14 $2.5M -44.5% 2022-08-03
2022-05-18 Cesarone Nando (Officer) Discretionary sale 19.3K $179.23 $3.5M -40.5% 2022-05-20
2022-03-03 Gilbert Philippe R (Officer) Discretionary sale 3,897 $215.37 $839K -50.5% 2022-03-04
2022-02-18 Brothers Norman M. Jr (Officer) Discretionary sale 8,660 $208.85 $1.8M -48.9% 2022-02-22
2022-02-18 Brothers Norman M. Jr (Officer) Discretionary sale 8,700 $208.24 $1.8M -48.8% 2022-02-22
2022-02-18 Gilbert Philippe R (Officer) Discretionary sale 3,895 $210.07 $818K -49.2% 2022-02-22
2022-02-18 Gilbert Philippe R (Officer) Discretionary sale 7,790 $208.24 $1.6M -48.8% 2022-02-22
2022-02-18 Lane Laura J (Officer) Discretionary sale 2,248 $208.52 $469K -48.8% 2022-02-22
2022-02-18 Lane Laura J (Officer) Discretionary sale 4,740 $208.16 $987K -48.8% 2022-02-22
2022-02-07 Perez Juan R. (Officer) Discretionary sale 13K $223.54 $2.9M -52.3% 2022-02-09
2022-02-03 Cesarone Nando (Officer) Discretionary sale 5,384 $229.80 $1.2M -53.6% 2022-02-04
2022-02-02 Brothers Norman M. Jr (Officer) Discretionary sale 5,677 $227.52 $1.3M -53.1% 2022-02-04
2021-08-19 Price Scott A. (Officer) Discretionary sale 6,600 $193.22 $1.3M -44.8% 2021-08-20
2021-08-17 Cesarone Nando (Officer) Discretionary sale 8,224 $195.52 $1.6M -45.4% 2021-08-18
2021-08-09 Stokes Russell (Director) Open-market buy 100 $191.39 $19K -44.3% 2021-11-09 late
2021-08-04 Stokes Russell (Director) Open-market buy 300 $192.16 $58K -44.5% 2021-11-09 late
2021-08-02 Perez Juan R. (Officer) Discretionary sale 28.9K $191.84 $5.5M -44.4% 2021-08-03
2021-02-26 Lane Laura J (Officer) Discretionary sale 2,375 $157.93 $375K 2021-02-26
2021-02-24 Hewett Wayne M. (Director) Open-market buy 625 $159.82 $100K 2021-02-25
2021-02-23 Perez Juan R. (Officer) Discretionary sale 6,290 $159.97 $1M 2021-02-25
2021-02-22 Brothers Norman M. Jr (Officer) Discretionary sale 13.3K $159.64 $2.1M 2021-02-22
2021-02-16 Thomas Charlene A (Officer) Discretionary sale 2,814 $162.86 $458K 2021-02-18
2021-02-05 Perez Juan R. (Officer) Discretionary sale 6,086 $162.39 $988K 2021-02-09
2021-02-05 Cesarone Nando (Officer) Discretionary sale 9,001 $162.39 $1.5M 2021-02-09
2020-08-28 ABNEY DAVID P (Director) Discretionary sale 1,264 $159.69 $202K 2020-08-28
2020-08-27 ABNEY DAVID P (Director) Discretionary sale 61.4K $160.57 $9.9M 2020-08-28
2020-08-13 Gutmann Kathleen M. (Officer) Discretionary sale 7,766 $156.77 $1.2M 2020-08-14
2020-08-13 Brothers Norman M. Jr (Officer) Discretionary sale 9,825 $159.15 $1.6M 2020-08-14
2020-05-29 TOME CAROL B (CEO) Open-market buy 10.1K $99.33 $1M 2020-06-02
2019-11-01 Barber James J. (COO) Discretionary sale 1,500 $116.43 $175K 2019-11-04
2019-05-01 Brothers Norman M. Jr (Officer) Discretionary sale 1,500 $106.03 $159K 2019-05-03
2019-02-25 McClure Teri P (Officer) Discretionary sale 5,000 $109.72 $549K 2019-02-27
2019-02-13 Peretz Richard N. (CFO) Discretionary sale 9,112 $111.18 $1M 2019-02-15
2019-02-13 Cesarone Nando (Officer) Open-market buy 150 $111.54 $17K 2019-02-15

“Since trade” compares with the latest insider-implied price, not a market quote; this site carries no market data by design.

Filing hygiene

149 Forms 4, 3 years
1 filed late
0 amendments
4.8 avg. days to file

How to read this

A Form 4 transaction code decides everything. P is an open-market purchase and S an open-market sale; those two are the only codes where an insider chose to trade. A is a grant, M an option exercise or vesting, F shares withheld to cover tax, G a gift. Most “insiders dumped billions” headlines are code F and M mechanics.

Sales flagged 10b5-1 run on a plan the insider adopted in advance; since 2023 every Form 4 carries that flag. Buys have historically predicted returns, sales mostly have not, and this page states filings, not advice.

Every number on this page comes from Forms 3, 4 and 5 filed with the SEC, refreshed daily. Browse the source filings on SEC EDGAR. Data through 2026-08-06