UNITED PARCEL SERVICE, INC.
United Parcel Service, Inc. is a corporation incorporated in the State of Delaware, United States, and is the parent company that reports to the U.S. Securities and Exchange Commission under Commission file number 001-15451 and CIK 0001090727. Its Form 10-K for the year ended 31 December 2025, filed on 17 February 2026, gives Delaware as the state of incorporation and IRS Employer Identification Number 58-2480149, which is a tax identifier and not a register file number. The GLEIF record for legal entity identifier D01LMJZU09ULLNCY6Z23 is fully corroborated against the Delaware Division of Corporations, gives the register file number as 3070406 and an entity creation date of 15 July 1999, and records the entity status as Active. UNITED PARCEL SERVICE, INC. reports that the underlying business was founded in 1907.
The company is a global package delivery and logistics provider. Its services cover transportation and delivery across an integrated air and ground network, distribution, contract logistics, ocean freight, airfreight, customs brokerage and insurance, and it reports through three segments: U.S. Domestic Package, International Package and Supply Chain Solutions. It serves more than 200 countries and territories, and in 2025 delivered an average of 20.8 million packages a day, 5.2 billion packages over the year. Its global healthcare logistics portfolio generated more than $11 billion of revenue in 2025.
On a consolidated basis for United Parcel Service, Inc. and subsidiaries, revenue for the year ended 31 December 2025 was $88.661 billion, against $91.070 billion in 2024; consolidated operating profit was $7.867 billion and consolidated net income $5.572 billion. The 10-K reports approximately 460,000 employees excluding temporary seasonal staff, of whom about 370,000 are in the United States and about 90,000 outside it. Nearly 80% of the U.S. workforce is union represented, largely under a national master agreement with the International Brotherhood of Teamsters that expires on 31 July 2028.
Class B common stock, par value $0.01, is listed on the New York Stock Exchange under the symbol UPS, together with the company’s 1% Senior Notes due 2028 (UPS28) and 1.500% Senior Notes due 2032 (UPS32). Class A common stock is registered under section 12(g) of the Exchange Act, is not listed on any exchange and is not traded in an organised over-the-counter market. Principal executive offices are at 55 Glenlake Parkway N.E., Atlanta, Georgia 30328; the Delaware address on the LEI record is c/o Corporation Service Company, 251 Little Falls Drive, Wilmington, Delaware 19808. The company gives its websites as www.ups.com for business and customer matters and www.investors.ups.com for investor relations.
Developments reported in the 2025 Form 10-K include the acquisition of Frigo-Trans and Biotech & Pharma Logistics in the first quarter of 2025 and of Andlauer Healthcare Group in the fourth quarter of 2025, with 2025 acquisitions totalling about $2.0 billion net of cash acquired; the September 2024 divestiture of the Coyote truckload brokerage business; and an agreement entered into with the United States Postal Service in December 2025 covering final-mile delivery for part of the company’s Ground Saver and Mail Innovations volumes from 2026.
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Shareholders
5
Shareholders of UNITED PARCEL SERVICE, INC.
UNITED PARCEL SERVICE, INC. is a listed company, so only holders above a reporting threshold are published and no complete shareholder register is public. The company has two classes of common stock with different voting rights: class A carries ten votes per share and class B one vote per share. Class A may be held only by current and former employees, directors and their spouses or children, is not publicly traded, and converts one-for-one into class B at any time. The definitive proxy statement filed on 19 March 2026 reports 104,536,604 class A and 744,711,293 class B shares outstanding as of 2 March 2026. On those figures class A accounts for about 12.3% of the shares but about 58.4% of the votes; that split is a calculation from the proxy’s own share counts, not a figure the company publishes. The company states that class A is held by approximately 155,000 current and former employees and that no single holder or group owns any significant voting block. Its certificate of incorporation restricts any holder controlling more than 25% of outstanding voting power to one one-hundredth of a vote for each vote above that level.
The proxy’s table of holders of more than 5% of either class, as of 2 March 2026, names two, both in class B: The Vanguard Group with 67,218,177 shares (9.0%) and BlackRock, Inc. with 44,732,830 shares (6.0%). No holder of 5% or more of class A is disclosed. The proxy attributes the Vanguard figure to a Schedule 13G/A filed on 13 February 2024 and the BlackRock figure to one filed on 17 April 2025.
Two later filings supersede the Vanguard entry. On 27 March 2026 The Vanguard Group filed Schedule 13G/A amendment 11, event date 13 March 2026, reporting zero shares and 0% of the class. The filing states that Vanguard carried out an internal realignment on 12 January 2026 and that, in reliance on SEC Release No. 34-39538, certain subsidiaries and business divisions now report beneficial ownership separately from The Vanguard Group, Inc. This is a change of reporting entity, not a disposal. On 30 April 2026 Vanguard Capital Management LLC filed a Schedule 13G, event date 31 March 2026, reporting 55,681,378 class B shares, 7.46% of the class, with sole voting power over 7,528,824 shares and sole dispositive power over all 55,681,378. BlackRock, Inc.’s Schedule 13G/A of 17 April 2025, event date 31 March 2025, reports 44,732,830 class B shares, 6.1% of the class, with sole voting power over 40,595,539 shares. No Schedule 13D has been filed on either class.
All directors and executive officers as a group, 20 persons, held 1,540,632 class A and 39,851 class B shares as of 2 March 2026, individually and as a group less than 1.5% of each class outstanding and, on the company’s statement, less than 1.5% of total voting power.
Ultimate beneficial ownership
No ultimate beneficial owner of UNITED PARCEL SERVICE, INC. is identified. No natural person is named as a beneficial owner in any of the filings reviewed, and the reportable holders are investment managers holding on behalf of funds and clients rather than owners in their own right. Delaware does not publish beneficial ownership information for corporations on its register. The absence of a named UBO reflects a widely held listed share register and what is disclosed; it is not a finding that no such person exists.
Data availability
Major shareholders only. Ownership disclosure for this entity is limited to the proxy statement’s 5% table and to Schedules 13G and 13D, each of which reports as of a stated event date rather than continuously. Two cautions apply to the structured shareholder rows attached to this profile, which carry a verification date of 4 September 2026: their percentages are shares of a sample rather than of shares outstanding, implying a denominator of roughly 360 million shares against the 849 million class A and class B shares actually outstanding, and they do not include BlackRock, Inc. at all. They should not be read as a capitalisation table.
Sources
United Parcel Service, Inc., definitive proxy statement (DEF 14A) for the 2026 annual meeting, filed 19 March 2026, ownership information as of 2 March 2026. https://www.sec.gov/Archives/edgar/data/1090727/000162828026019856/ups-20260319.htm (retrieved 30 September 2026)
The Vanguard Group, Schedule 13G/A amendment 11 on United Parcel Service Inc, filed 27 March 2026, event date 13 March 2026. https://www.sec.gov/Archives/edgar/data/102909/000010290926002591/primary_doc.xml (retrieved 30 September 2026)
Vanguard Capital Management LLC, Schedule 13G on United Parcel Service Inc, filed 30 April 2026, event date 31 March 2026. https://www.sec.gov/Archives/edgar/data/1090727/000210011926001257/primary_doc.xml (retrieved 30 September 2026)
BlackRock, Inc., Schedule 13G/A amendment 3 on United Parcel Service Inc, filed 17 April 2025, event date 31 March 2025. https://www.sec.gov/Archives/edgar/data/1090727/000157641925000812/primary_doc.xml (retrieved 30 September 2026)
United Parcel Service, Inc., Form 10-K for the year ended 31 December 2025, filed 17 February 2026 (share counts as of 2 February 2026, note 12 on voting rights). https://www.sec.gov/Archives/edgar/data/1090727/000162828026008432/ups-20251231.htm (retrieved 30 September 2026)
U.S. Securities and Exchange Commission, EDGAR filing index for United Parcel Service Inc, CIK 0001090727, Schedule 13D and 13G filings. https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001090727&type=SC+13&dateb=&owner=include&count=40 (retrieved 30 September 2026)
Data-provider feed — rows as supplied to Zavia for Delaware Division of Corporations, including entries the profile above does not cover. These rows are not a verbatim copy of the register: they have been found to duplicate the same person under different spellings and to keep a status of Active after an appointment ended. Where they disagree with the profile above, the profile is the checked version.
| Shareholder | Type | Holding | Source Document |
|---|---|---|---|
| Vanguard Group Inc | 19% | Delaware Division of Corporations | |
| SCHWAB STRATEGIC TRUST-Schwab US Dividend Equity ETF | 5.8% | Delaware Division of Corporations | |
| iShares Trust-iShares Core S&P 500 ETF | 2.7% | Delaware Division of Corporations | |
| VANGUARD INDEX FUNDS-Vanguard Value Index Fund | 1.8% | Delaware Division of Corporations | |
| Fidelity Rutland Square TRT II-Strategic Advisers Fidelity U.S. Total | 1% | Delaware Division of Corporations |
Officers
5
Directors and officers of UNITED PARCEL SERVICE, INC.
Twelve directors were elected at the annual meeting of shareowners held on 7 May 2026, as reported under Item 5.07 of the Form 8-K filed on 11 May 2026. Kate Johnson, a director since 2020, was not nominated for re-election and left the board after that meeting. Two of the twelve elected have since resigned, leaving ten directors of UNITED PARCEL SERVICE, INC. on the reviewed record: Rodney Adkins, Kevin Clark, Wayne Hewett, Angela Hwang, William Johnson, Franck Moison, John Morikis, Christiana Smith Shi, Russell Stokes and Carol B. Tome. William Johnson has served on the board since 2009 and is the independent Board Chair. Carol B. Tome has been Chief Executive Officer since 2020 and is the only director the board does not classify as independent.
The Form 10-K for the year ended 31 December 2025 names eight executive officers: Carol B. Tome (Chief Executive Officer), Norman M. Brothers, Jr. (Executive Vice President, Chief Legal and Compliance Officer and Corporate Secretary), Nando Cesarone, Brian Dykes (Executive Vice President and Chief Financial Officer, in that role since 2024), Darrell Ford (Executive Vice President and Chief Human Resources Officer), Matt Guffey, Kate M. Gutmann and Bala Subramanian. Roles are the legal or corporate positions stated in the filings; no separate occupation field is published for these people.
Recent officer changes
Kevin M. Warsh resigned from the board with effect from 13 May 2026, automatically on his confirmation by the United States Senate as Chairman of the Board of Governors of the Federal Reserve System. The company states the decision was not due to any disagreement over its operations, policies or practices (Form 8-K filed 13 May 2026).
Eva Boratto resigned from the board with immediate effect on 13 June 2026, in connection with her appointment as Chief Financial Officer of Cencora, Inc. The company states the decision was not due to any disagreement over its operations, policies or practices (Form 8-K filed 15 June 2026).
On 31 August 2026 the company announced that Kate Gutmann, Executive Vice President and President, International, Healthcare and Supply Chain Solutions, would retire from those positions effective 1 September 2026 and remain in a transitional role through 31 March 2027. Wilfredo Ramos was appointed Executive Vice President and Chief International, Healthcare and Supply Chain Solutions Officer, and Nando Cesarone moved from Executive Vice President and President U.S. to Executive Vice President and Chief Global Operations Officer (Form 8-K filed 31 August 2026).
Data availability
Partial. Delaware does not maintain a public register of the directors or officers of a corporation, so the officer record for this entity rests on SEC filings rather than on the state register: the 10-K lists executive officers, the proxy statement lists the board, and Item 5.02 and Item 5.07 of Forms 8-K record changes. Those filings give effective dates but do not state nationality or country of residence for any director or officer, so nationality is recorded here as Not disclosed for every person named, and it must not be inferred from a name or from a corporate address. The structured officer rows attached to this profile show 5 of 15 records, carry no appointment or resignation dates, and are not a board list: they mix corporate executives with a country-level manager and with a corporate registered-agent record holding a service address in Marietta, Georgia. The list of ten directors above reflects filings reviewed to 30 September 2026 and does not prove that each person remains in office today.
Sources
United Parcel Service, Inc., Form 8-K filed 11 May 2026, Items 5.02 and 5.07, results of the annual meeting of shareowners held 7 May 2026. https://www.sec.gov/Archives/edgar/data/1090727/000162828026033522/ups-20260507.htm (retrieved 30 September 2026)
United Parcel Service, Inc., Form 8-K filed 13 May 2026, Item 5.02, resignation of Kevin M. Warsh. https://www.sec.gov/Archives/edgar/data/1090727/000162828026034597/ups-20260513.htm (retrieved 30 September 2026)
United Parcel Service, Inc., Form 8-K filed 15 June 2026, Item 5.02, resignation of Eva Boratto effective 13 June 2026. https://www.sec.gov/Archives/edgar/data/1090727/000162828026043196/ups-20260613.htm (retrieved 30 September 2026)
United Parcel Service, Inc., Form 8-K filed 31 August 2026, Item 5.02, retirement of Kate Gutmann and appointment of Wilfredo Ramos. https://www.sec.gov/Archives/edgar/data/1090727/000162828026059609/ups-20260831.htm (retrieved 30 September 2026)
United Parcel Service, Inc., Form 10-K for the year ended 31 December 2025, filed 17 February 2026, Part III Item 10, Information about our Executive Officers. https://www.sec.gov/Archives/edgar/data/1090727/000162828026008432/ups-20251231.htm (retrieved 30 September 2026)
United Parcel Service, Inc., definitive proxy statement (DEF 14A) filed 19 March 2026, board composition, independence and committee membership. https://www.sec.gov/Archives/edgar/data/1090727/000162828026019856/ups-20260319.htm (retrieved 30 September 2026)
Data-provider feed — rows as supplied to Zavia for Delaware Division of Corporations, including entries the profile above does not cover. These rows are not a verbatim copy of the register: they have been found to duplicate the same person under different spellings and to keep a status of Active after an appointment ended. Where they disagree with the profile above, the profile is the checked version.
Group Structure
Group structure of UNITED PARCEL SERVICE, INC.
The data provider supplied no corporate-linkage rows for this record: the group field holds a stub with no entities in it. That absence carries no information about the group, and the structure set out below is built from the company’s own filings instead.
UNITED PARCEL SERVICE, INC. (Delaware) is the ultimate parent of the group. It is the SEC registrant that files the consolidated accounts, and GLEIF records no direct parent and no ultimate parent for its legal entity identifier D01LMJZU09ULLNCY6Z23. Exhibit 21 to the Form 10-K for the year ended 31 December 2025 lists 36 subsidiaries as of that date and states that further names are omitted under Item 601(b)(21)(ii) of Regulation S-K, so the list is deliberately partial. By jurisdiction of organisation it comprises 15 Delaware entities, 4 in Canada, 4 in Germany, 3 in the United Kingdom, 2 in Maryland, 2 in California, and one each in Ohio, France, Italy, the Netherlands, Singapore and China.
One point matters for any name-based matching. Exhibit 21 lists a separate legal entity also called United Parcel Service, Inc., organised in Ohio, as a subsidiary of this Delaware registrant. Two further subsidiaries are named United Parcel Service of America, Inc. and United Parcel Service Co., both organised in Delaware. United Parcel Service of America, Inc. was itself an SEC registrant until 1999 under CIK 0000809697 and still appears in filings from that period. These are distinct companies from the entity profiled here and should be separated by register file number or CIK rather than by name.
Fourteen subsidiaries have their own LEI records naming this entity as direct parent, which gives an independently checkable register identifier for each. They include United Parcel Service Co. (Delaware, file number 463215), United Parcel Service of America, Inc. (Delaware, 282209), UPICO Corporation (Delaware, 808248), Marken LLP (Delaware, 5061549), Marken Limited (United Kingdom, 01485138), Marken Services Limited (United Kingdom, 08403923), Marken Time Critical Express Limited (United Kingdom, 04438909), UPS Global Treasury Plc (United Kingdom, 01892695), Marken Time Critical Express GmbH (Germany, HRB 102671), Marken (France, 414 962 399), United Parcel Service Canada Ltd. (Ontario, 1840430), Marken Time Critical Express (Beijing) Limited (China, 91110105682853800B) and UPS Logistics Private Limited (India, U74999PN2000PTC155732). Two of the fourteen, the UPS 401(k) Savings Plan and The UPS Retirement Plan Trust, are an employee benefit plan and a trust rather than operating subsidiaries and should not be treated as trading companies. Ownership percentages are not disclosed for any of these relationships; Exhibit 21 states jurisdiction of organisation only.
Recent structural changes
Frigo-Trans and Biotech & Pharma Logistics, a healthcare logistics provider based in Germany, was acquired in the first quarter of 2025. Andlauer Healthcare Group was acquired in the fourth quarter of 2025. The aggregate purchase price for all 2025 acquisitions was approximately $2.0 billion net of cash acquired, recorded within the Supply Chain Solutions segment.
The Coyote truckload brokerage business was divested in September 2024; it had contributed $1.6 billion of revenue in 2024 before the sale. A further business within Supply Chain Solutions was divested in the second quarter of 2025, on which a pre-tax net loss of approximately $19 million was recorded.
Data availability
Partial, subsidiaries only. There is no parent to report, and the subsidiary list is an Exhibit 21 disclosure that names only significant subsidiaries as of 31 December 2025, with the remainder omitted as permitted by SEC rules and with no ownership percentages given. Delaware does not publish corporate-linkage data on its register, so the group cannot be confirmed from the register of incorporation itself.
Sources
United Parcel Service, Inc., Exhibit 21 to Form 10-K for the year ended 31 December 2025, Subsidiaries of the Registrant, filed 17 February 2026. https://www.sec.gov/Archives/edgar/data/1090727/000162828026008432/ups-12312025xexhibit21.htm (retrieved 30 September 2026)
United Parcel Service, Inc., Form 10-K for the year ended 31 December 2025, note 8 Acquisitions and Dispositions, filed 17 February 2026. https://www.sec.gov/Archives/edgar/data/1090727/000162828026008432/ups-20251231.htm (retrieved 30 September 2026)
GLEIF, LEI record D01LMJZU09ULLNCY6Z23 for UNITED PARCEL SERVICE, INC., jurisdiction US-DE, registered as 3070406 with the Delaware Division of Corporations, and its direct-children relationship records. https://api.gleif.org/api/v1/lei-records/D01LMJZU09ULLNCY6Z23 (retrieved 30 September 2026)
U.S. Securities and Exchange Commission, EDGAR company record for United Parcel Service of America Inc, CIK 0000809697. https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000809697&type=10-K&dateb=&owner=include&count=40 (retrieved 30 September 2026)
Get complete shareholder and officer records, ultimate beneficial owner resolution, and ongoing ownership monitoring.
Frequently Asked Questions
What does UNITED PARCEL SERVICE, INC. do?
United Parcel Service, Inc. is a global package delivery and logistics provider incorporated in Delaware, United States. It runs an integrated air and ground network and reports through three segments, U.S. Domestic Package, International Package and Supply Chain Solutions, serving more than 200 countries and territories. In 2025 it delivered an average of 20.8 million packages a day, 5.2 billion over the year (Form 10-K for the year ended 31 December 2025).
Who owns UNITED PARCEL SERVICE, INC.?
Only holders above the SEC reporting threshold are public. The proxy statement filed on 19 March 2026 lists two holders of more than 5% of class B as of 2 March 2026: The Vanguard Group with 67,218,177 shares (9.0%) and BlackRock, Inc. with 44,732,830 shares (6.0%). No 5% holder of class A is disclosed. Later filings supersede the Vanguard entry: The Vanguard Group reported zero shares on 27 March 2026 following an internal realignment on 12 January 2026, and Vanguard Capital Management LLC reported 55,681,378 class B shares (7.46%) on 30 April 2026. Class A carries ten votes a share and class B one vote.
Who is UNITED PARCEL SERVICE, INC.'s UBO (Ultimate Beneficial Owner)?
No ultimate beneficial owner is identified. No natural person is named as a beneficial owner of United Parcel Service, Inc. in the filings reviewed, and the reportable holders are institutional investment managers acting for funds and clients. Directors and executive officers as a group held less than 1.5% of each class of stock and less than 1.5% of total voting power as of 2 March 2026. Delaware does not publish beneficial ownership data, so the absence of a named UBO reflects what is disclosed rather than a finding that none exists.
What is UNITED PARCEL SERVICE, INC.'s company registration number?
UNITED PARCEL SERVICE, INC.'s registration number is 4664056, filed with Delaware Division of Corporations in United States. Its current status on the register is active.
Is UNITED PARCEL SERVICE, INC. still an active company?
UNITED PARCEL SERVICE, INC.'s status on Delaware Division of Corporations is listed as active.
When was UNITED PARCEL SERVICE, INC. incorporated?
UNITED PARCEL SERVICE, INC. was incorporated on 3 October 2009, according to Delaware Division of Corporations.
What is UNITED PARCEL SERVICE, INC.'s registered address?
The registered address on file for UNITED PARCEL SERVICE, INC. is United States.
What is UNITED PARCEL SERVICE, INC.'s revenue?
Consolidated revenue for United Parcel Service, Inc. and subsidiaries was $88.661 billion for the year ended 31 December 2025, against $91.070 billion in 2024. Consolidated operating profit was $7.867 billion and consolidated net income $5.572 billion. The 10-K reports approximately 460,000 employees excluding temporary seasonal staff, about 370,000 of them in the United States.
Is UNITED PARCEL SERVICE, INC. listed on a stock exchange?
Class B common stock, par value $0.01, is listed on the New York Stock Exchange under the ticker UPS, together with the company's 1% Senior Notes due 2028 (UPS28) and 1.500% Senior Notes due 2032 (UPS32). Class A common stock is registered under section 12(g) of the Exchange Act, is not listed on any exchange and converts one-for-one into class B. SEC Commission file number 001-15451, CIK 0001090727.
Who are the officers/directors of UNITED PARCEL SERVICE, INC.?
Twelve directors were elected at the annual meeting on 7 May 2026. Kate Johnson was not renominated, Kevin M. Warsh resigned on 13 May 2026 and Eva Boratto on 13 June 2026, leaving ten directors: Rodney Adkins, Kevin Clark, Wayne Hewett, Angela Hwang, William Johnson (independent Board Chair), Franck Moison, John Morikis, Christiana Smith Shi, Russell Stokes and Carol B. Tome, Chief Executive Officer since 2020 and the only non-independent director. The 10-K names eight executive officers; on 31 August 2026 the company announced Kate Gutmann's retirement from her roles effective 1 September 2026 and the appointment of Wilfredo Ramos in her place. Nationality is not disclosed for any of them.
Does UNITED PARCEL SERVICE, INC. have a parent company or subsidiaries?
United Parcel Service, Inc. (Delaware) is the ultimate parent: GLEIF records no direct or ultimate parent for its LEI D01LMJZU09ULLNCY6Z23. Exhibit 21 to the 2025 Form 10-K lists 36 subsidiaries as of 31 December 2025, 15 organised in Delaware, 4 in Canada, 4 in Germany, 3 in the United Kingdom, 2 in Maryland, 2 in California and one each in Ohio, France, Italy, the Netherlands, Singapore and China, with further names omitted under Item 601(b)(21)(ii), so the list is partial. One subsidiary is a separate Ohio corporation carrying the identical name United Parcel Service, Inc.; two others are United Parcel Service of America, Inc. and United Parcel Service Co., both Delaware. The data provider supplied no corporate-linkage rows for this record.
Can Zavia monitor changes to UNITED PARCEL SERVICE, INC.'s ownership over time?
This profile reflects a point-in-time snapshot from Delaware Division of Corporations. Zavia's monitoring API can track changes to UNITED PARCEL SERVICE, INC.'s registered shareholders, officers, and group structure going forward, flagging updates as they're filed rather than requiring a manual recheck.
Can I access UNITED PARCEL SERVICE, INC.'s data through an API?
Yes. Zavia's API connects directly to official government ownership registries across 195 countries and territories, including United States, so records like UNITED PARCEL SERVICE, INC.'s registration, shareholder, UBO, and group-structure data can be queried programmatically instead of viewed one page at a time.
Where does this company information come from, and how current is it?
This record is sourced directly from Delaware Division of Corporations and was last synced on 29 September 2026.