CompBrief BY VELARION

Companies United Parcel Service Inc

United Parcel Service (UPS): executive pay, fiscal 2025

Free brief. Every figure links to the company’s own filing.

Velarion Intel: free for 3 days, no card →

Email me United Parcel Service Inc’s executive pay brief as a PDF

You get it on this page the moment you ask, and a copy by email. Every figure is cited to its filing.

After the PDF, up to three short notes on the deeper reports for this company. Reply “unsubscribe” to any of them, any time.

Also free: The Pay Desk, the weekly executive pay briefing.
CEO total pay$22,878,788CEO Carol Tomé · source
Say-on-pay support83.57%Latest vote · source
CEO vs. named peers35th pct.Of 17 peer CEOs
CEO pay ratio345:1To the median employee · source

CEO pay, last three years

  • $23,390,051FY2023
  • $24,063,977FY2024
  • $22,878,788FY2025

CEO total pay was $22,878,788 in fiscal 2025, down from $24,063,977 in fiscal 2024.

FY2025: salary $1,509,713 · bonus $0 · stock awards $17,550,546 · option awards $1,358,754

Executives and directors

Frequently asked questions

Who was the highest-paid executive at United Parcel Service Inc in fiscal 2025?
As disclosed, Carol Tomé (Chief Executive Officer) was the highest-paid executive at United Parcel Service Inc in fiscal 2025, with total compensation of $22,878,788.
How does United Parcel Service Inc's chief executive pay compare to its disclosed peer group?
As disclosed, Carol Tomé's total compensation ranked at the 35th percentile of United Parcel Service Inc's disclosed peer group.
What is United Parcel Service Inc's CEO-to-median employee pay ratio?
As disclosed, United Parcel Service Inc's CEO-to-median employee pay ratio was 345:1.
How did shareholders vote on United Parcel Service Inc's executive compensation?
As disclosed, 83.57% of shareholders supported United Parcel Service Inc's executive compensation in the latest say-on-pay vote.
How much does United Parcel Service Inc spend in total on board compensation for fiscal 2025?
As disclosed, United Parcel Service Inc reported total board compensation of $4,182,500 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

Full detail

Every table from the filing. Open any section.

Summary compensation table
Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Carol Tomé$1,509,713$0$17,550,546$1,358,754$2,264,569$0$195,206$22,878,788
Chief Executive Officer
Kate Gutmann926,29605,440,640471,894814,004534,793163,0098,350,636
President International, Healthcare and Supply Chain Solutions
Nando Cesarone926,29605,440,640471,894814,0040125,4447,778,278
President U.S. Operations and Airline
Brian Dykes806,56704,806,424416,894719,115123,026143,6247,015,650
Chief Financial Officer
Bala Subramanian814,27404,728,469410,136707,463090,1346,750,476
Chief Digital and Technology Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Carol Tomé$22,878,788$24,063,977$23,390,051↓ −1,185,189
Kate Gutmann8,350,6366,256,49010,361,521↑ +2,094,146
Nando Cesarone7,778,2786,227,3326,521,241↑ +1,550,946
Brian Dykes7,015,6504,099,767—↑ +2,915,883
Bala Subramanian6,750,4765,895,9666,300,262↑ +854,510

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

Incentive-plan design — the Compensation Discussion & Analysis

UPS's executive compensation programs are designed to drive organizational performance by linking a significant portion of executive pay to Company operational and financial performance; attract, retain and motivate our executive officer with competitive and fair compensation; encourage long-term stock ownership and careers with UPS; and align the interests of our executives to long-term value creation.

CEO STI target (% of salary)200%
CEO LTI target (% of salary)—
Independent consultantFW Cook
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
Equity grants and outstanding awards

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Kate GutmannPSU2025-05-092,21544,291—97,440$4,166,454
Brian DykesPSU2025-05-091,95639,128—86,0823,680,771
Brian DykesOPTION2025-05-09——22,270—416,894
Brian DykesRSU2025-05-09——11,739—1,125,653
Nando CesaroneOPTION2025-05-09——25,208—471,894
Kate GutmannRSU2025-05-09——13,288—1,274,186
Bala SubramanianOPTION2025-05-09——21,909—410,136
Carol ToméOPTION2025-05-09——72,583—1,358,754
Nando CesaroneRSU2025-05-09——13,288—1,274,186
Nando CesaronePSU2025-05-092,21544,291—97,4404,166,454
Bala SubramanianRSU2025-05-09——11,548—1,107,338
Carol ToméPSU2025-05-099,328186,569—410,45217,550,546
Bala SubramanianPSU2025-05-091,92538,494—84,6873,621,131
Kate GutmannOPTION2025-05-09——25,208—471,894

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Kate Gutmann$1,274,186$4,166,454$471,89470.5%
Brian Dykes1,125,6533,680,771416,89470.5%
Nando Cesarone1,274,1864,166,454471,89470.5%
Bala Subramanian1,107,3383,621,131410,13670.5%
Carol Tomé017,550,5461,358,75492.8%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Brian DykesOption489165.66—
Brian DykesOption617214.58—
Kate GutmannOption1,332163.25—
Brian DykesOption1,461185.54—
Kate GutmannOption1,826165.66—
Brian DykesOption2,383154.76—
Nando CesaroneOption2,654165.66—
Nando CesaroneOption2,899214.58—
Kate GutmannOption3,116214.58—
Bala SubramanianOption5,456185.54—
Nando CesaroneOption5,958185.54—
Kate GutmannOption5,958185.54—
Bala SubramanianOption8,898154.76—
Carol ToméOption9,524165.66—
Nando CesaroneOption9,764154.76—
Kate GutmannOption9,764154.76—
Carol ToméOption10,143214.58—
Bala SubramanianRSU12,166—1,206,720
Brian DykesRSU12,367—1,226,678
Nando CesaroneRSU13,999—1,388,543
Kate GutmannRSU13,999—1,388,543
Carol ToméOption19,846185.54—
Bala SubramanianOption21,90995.89—
Brian DykesOption22,27095.89—
Nando CesaroneOption25,20895.89—
Kate GutmannOption25,20895.89—
Carol ToméOption31,272154.76—
Brian DykesPSU60,706—6,021,428
Bala SubramanianPSU65,566—6,503,492
Carol ToméOption72,58395.89—
Nando CesaronePSU74,111—7,351,070
Kate GutmannPSU74,111—7,351,070
Carol ToméRSU325,145—32,251,133
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
William JohnsonIndependent · Board Chair · Nominating and Corporate Governance (Chair) · Executive$305,000$265,000$0—$0$570,000
Eva BorattoIndependent · Audit (Chair)155,000195,0000—0350,000
Christiana Smith ShiIndependent · Compensation and Human Capital (Chair) · Risk150,000195,0000—0345,000
Rodney AdkinsIndependent · Compensation and Human Capital · Risk (Chair) · Executive145,000195,0000—0340,000
Kevin ClarkIndependent · Audit · Newly elected93,750243,7500—0337,500
Kevin WarshIndependent · Compensation and Human Capital · Nominating and Corporate Governance125,000195,0000—0320,000
Angela HwangIndependent · Audit125,000195,0000—0320,000
Kate JohnsonIndependent · Nominating and Corporate Governance · Risk · Not standing for re-election125,000195,0000—0320,000
Russell StokesIndependent · Compensation and Human Capital · Nominating and Corporate Governance125,000195,0000—0320,000
Franck MoisonIndependent · Nominating and Corporate Governance · Risk125,000195,0000—0320,000
Wayne HewettIndependent · Audit125,000195,0000—0320,000
John MorikisIndependent · Audit · Partial-year service · Newly elected62,500195,0000—0257,500
Michael BurnsIndependent · Audit · Not standing for re-election · Departed during FY62,50000—062,500

Board fee structure and ownership guideline

Annual cash retainer$125,000
Annual equity retainer$195,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)30,000 / 25,000 / 20,000
Stock ownership guideline$5

Total cost of the board

ComponentFY2025
Cash retainers and fees$1,723,750
Equity awards (grant-date value)$2,458,750
All other compensation$0
Total cost of the board$4,182,500

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

Peer group, and who names United Parcel Service as a peer

Companies that benchmark against UPS

31 companies name UPS as a compensation peer

Each company listed discloses UPS in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named UPS in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

Peer reciprocity

Of the companies United Parcel Service Inc names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer’s own current proxy has been read — each mark is cited in the register to that peer’s filing. A dash means the peer’s current proxy was read and names no reciprocal group including United Parcel Service Inc.

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Intel Corporation2025Lip-Bu Tan$746,200$49,639,500$39,523,200$2,374,000$92,990,900
2Cisco Systems, Inc.2026Charles Robbins1,390,00039,040,85106,685,90048,527,813
3Comcast Corporation2025Brian Roberts2,600,96223,473,07608,583,17535,148,413
4Johnson & Johnson2025Joaquin Duato1,600,00015,028,9485,927,9954,298,70032,758,111
5AT&T, Inc.2025John Stankey2,400,00019,500,01206,272,00029,906,872
6Walmart, Inc.2026Doug McMillon1,500,00021,051,60504,032,00029,240,930
7Deere & Company2025John May1,694,50713,950,2394,255,1335,450,55127,925,424
8FedEx Corporation2026Rajesh Subramaniam1,550,0006,731,3643,715,06210,593,50027,554,018
9PepsiCo, Inc.2025Ramon Laguarta1,804,61511,550,00805,771,00023,903,545
10The Boeing Company2025Robert Ortberg1,500,0007,874,8189,624,9593,930,00023,581,389
11Lockheed Martin Corporation2025James Taiclet1,751,00013,667,64505,496,30023,453,308
12United Parcel Service Inc2025Carol Tomé1,509,71317,550,5461,358,7542,264,56922,878,788
13Lowe's Companies, Inc.2025Marvin Ellison1,544,23112,480,4674,262,8953,232,69321,581,889
14McDonald's Corp.2025Christopher Kempczinski1,550,0008,000,2158,000,0662,367,16020,574,525
15The Procter & Gamble Company2026Shailesh Jejurikar1,387,50011,035,2093,500,010018,976,742
16Caterpillar Inc.2025Joseph Creed1,381,8929,538,4843,101,1172,476,80017,008,077
17The Home Depot, Inc.2025Edward Decker1,400,0009,612,2512,369,9172,657,63116,191,127
18Target Corp.2025Michael Fiddelke1,065,3857,853,2530300,8829,598,071

Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
United Parcel Service Inc75%PSU 93 · Options 7Yes — Relative Total Shareowner Return (RTSR)FW Cook
AT&T, Inc.112%PSU 75 · RSU 25Yes — Relative Total Stockholder Return (TSR) Payout ModifierFrederic W. Cook & Co., Inc. (FW Cook)
Caterpillar Inc.118%PSU 50 · RSU 25 · Options 25Yes — relative Total Shareholder Return (rTSR)Meridian Compensation Partners, LLC
Cisco Systems, Inc.not disclosedPRSU 60 · RSU 40not disclosedExequity
Comcast Corporation110%PSU 100Yes — Relative TSR ModifierKorn Ferry
Deere & Company160.8%PSU 50 · RSU 25 · Options 25NoSemler Brossy Consulting Group, LLC (current); Pearl Meyer & Partners, LLC (prior year)
FedEx Corporation112.5%not disclosedYes — Relative TSR (FY24-FY26 LTI Cash Plan)Meridian Compensation Partners, LLC
Intel Corporationnot disclosedPSU 50 · RSU 50 · Option 40Yes — Relative TSRSemler Brossy
Johnson & Johnsonnot disclosednot disclosedYes — Relative TSRSemler Brossy Consulting Group
Lockheed Martin Corporation114%PSU 50 · RSU 30 · Cash LTI 20Yes — Relative TSRMeridian Compensation Partners
Lowe's Companies, Inc.104.67%PSU 39 · RSA 30 · Stock Options 20NoSemler Brossy Consulting Group, LLC
McDonald's Corp.not disclosedPRSU 50 · Option 50NoSemler Brossy Consulting Group LLC
PepsiCo, Inc.not disclosednot disclosedYes — Relative TSR PerformanceFW Cook
Target Corp.not disclosedPSU 60 · PBRSU 40NoSemler Brossy
The Boeing Company131%Options 55 · RSU 45NoFW Cook (Frederic W. Cook & Co., Inc.)
The Home Depot, Inc.95%PSU 50 · RSU 30 · Options 20NoPay Governance
The Procter & Gamble Companynot disclosedPSU 50 · RSU 25 · Option 25Yes — Relative TSR MultiplierMeridian Compensation Partners, LLC
Walmart, Inc.112%not disclosedNoFarient Advisors LLC

Read from each company’s Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company’s filing does not state the item.

Say-on-pay history and pay ratio
Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-07870,170,397151,229,84719,844,18783.57%Passed
20252025-05-08928,214,832152,772,74319,676,64885.87%Passed
20242024-05-021,051,455,683119,179,03736,415,31789.82%Passed
20232023-05-041,158,204,61978,048,61830,229,47493.69%Passed
20222022-05-051,217,704,49187,312,19320,808,35993.31%Passed
20212021-05-131,236,014,58298,565,04332,925,24492.61%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.

Say-on-pay — history, company’s computation

Meeting yearMeeting dateApproval — company’s computation
20262026-05-0783.57%a
20252025-05-0885.87%b
20242024-05-0289.82%c

a. Approved under the standard stated in the filing — “2. Advisory vote to approve NEO compensation Majority of the voting power of the shares represented at the meeting and entitled to vote on the proposal Same as a vote against No effect”.

b. Voting standard not stated in the filing.

c. Voting standard not stated in the filing.

Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

CEO pay ratio

Ratio (CEO : median employee)345 : 1
CEO total compensation$22,892,052
Median employee compensation$66,268
Insider trades since the proxy

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Brian DykesChief Financial Officer2026-05-06A12,504$0$0Derivative, Class A CommonForm 4 ↗
Nando CesaronePresident, US Operations2026-05-06A13,88900Derivative, Class A CommonForm 4 ↗
Darrell L. FordChief Human Resources Officer2026-05-06A7,65900Derivative, Class A CommonForm 4 ↗
Matthew W. GuffeyCHF Commercial & Strategy Off2026-05-06A11,42400Derivative, Class A CommonForm 4 ↗
Kate GutmannPres Intl, Healthcare and SCS2026-05-06A13,88900Derivative, Class A CommonForm 4 ↗
Carol B. TomeDirector2026-05-06A30,22800Derivative, Class A CommonForm 4 ↗
Norman M. Brothers JrChief Legal & Compliance Off2026-05-06A8,91100Derivative, Class A CommonForm 4 ↗
Bala SubramanianChief Digital & Tech Officer2026-05-06A10,57300Derivative, Class A CommonForm 4 ↗
Dividend-equivalent accruals2026-05-06—313——1 insider, 1 accrual row
Dividend-equivalent accruals2026-05-07—19,480——10 insiders, 10 accrual rows
William R. JohnsonDirector2026-05-07A2,64700Derivative, Class A CommonForm 4 ↗
Darrell L. FordChief Human Resources Officer2026-05-15D2,174.2200Derivative, Class A CommonForm 4 ↗
Norman M. Brothers JrChief Legal & Compliance Off2026-05-15A2,504.800CommonForm 4 ↗
Darrell L. FordChief Human Resources Officer2026-05-15D96910197,656CommonForm 4 ↗
Darrell L. FordChief Human Resources Officer2026-05-15A2,174.2200CommonForm 4 ↗
Nando CesaronePresident, US Operations2026-05-15D3,551.5800Derivative, Class A CommonForm 4 ↗
Nando CesaronePresident, US Operations2026-05-15D1,582101159,434CommonForm 4 ↗
Brian DykesChief Financial Officer2026-05-15D3,137.500Derivative, Class A CommonForm 4 ↗
Brian DykesChief Financial Officer2026-05-15D1,398101140,890CommonForm 4 ↗
Matthew W. GuffeyCHF Commercial & Strategy Off2026-05-15D2,667.8300Derivative, Class A CommonForm 4 ↗
Matthew W. GuffeyCHF Commercial & Strategy Off2026-05-15D1,189101119,827CommonForm 4 ↗
Kate GutmannPres Intl, Healthcare and SCS2026-05-15D3,551.5800Derivative, Class A CommonForm 4 ↗
Kate GutmannPres Intl, Healthcare and SCS2026-05-15D1,582101159,434CommonForm 4 ↗
Kate GutmannPres Intl, Healthcare and SCS2026-05-15A3,551.5800CommonForm 4 ↗
Bala SubramanianChief Digital & Tech Officer2026-05-15D3,086.300Derivative, Class A CommonForm 4 ↗
Bala SubramanianChief Digital & Tech Officer2026-05-15D1,027101103,501CommonForm 4 ↗
Norman M. Brothers JrChief Legal & Compliance Off2026-05-15D2,504.800Derivative, Class A CommonForm 4 ↗
Norman M. Brothers JrChief Legal & Compliance Off2026-05-15D1,116101112,470CommonForm 4 ↗
Nando CesaronePresident, US Operations2026-05-15A3,551.5800CommonForm 4 ↗
Brian DykesChief Financial Officer2026-05-15A3,137.500CommonForm 4 ↗
Matthew W. GuffeyCHF Commercial & Strategy Off2026-05-15A2,667.8300CommonForm 4 ↗
Bala SubramanianChief Digital & Tech Officer2026-05-15A3,086.300CommonForm 4 ↗
Nando CesaroneChief Global Operations Off2026-09-01A58,44600Derivative, Class A CommonForm 4 ↗
Bala SubramanianChief Digital & Tech Officer2026-09-01A29,22300Derivative, Class A CommonForm 4 ↗
Wilfredo RamosChief Intl, Healthcare and SCS2026-09-01A5,41300Derivative, Class A CommonForm 4 ↗
Matthew W. GuffeyChief US Domestic Officer2026-10-28D8,317.94105876,628CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

View all 45 transactions
InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Brian DykesChief Financial Officer2026-05-06A12,504$0$0Derivative, Class A CommonForm 4 ↗
Nando CesaronePresident, US Operations2026-05-06A13,88900Derivative, Class A CommonForm 4 ↗
Darrell L. FordChief Human Resources Officer2026-05-06A7,65900Derivative, Class A CommonForm 4 ↗
Matthew W. GuffeyCHF Commercial & Strategy Off2026-05-06A11,42400Derivative, Class A CommonForm 4 ↗
Kate GutmannPres Intl, Healthcare and SCS2026-05-06A13,88900Derivative, Class A CommonForm 4 ↗
Carol B. TomeDirector2026-05-06A30,22800Derivative, Class A CommonForm 4 ↗
Norman M. Brothers JrChief Legal & Compliance Off2026-05-06A8,91100Derivative, Class A CommonForm 4 ↗
Bala SubramanianChief Digital & Tech Officer2026-05-06A10,57300Derivative, Class A CommonForm 4 ↗
Kevin WarshDirector2026-05-06A312.8400Derivative, Class A CommonForm 4 ↗
Rodney AdkinsDirector2026-05-07A1,94800Derivative, Class A CommonForm 4 ↗
Kevin ClarkDirector2026-05-07A1,94800Derivative, Class A CommonForm 4 ↗
John MorikisDirector2026-05-07A1,94800Derivative, Class A CommonForm 4 ↗
Kevin WarshDirector2026-05-07A1,94800Derivative, Class A CommonForm 4 ↗
Christiana Smith ShiDirector2026-05-07A1,94800Derivative, Class A CommonForm 4 ↗
Angela HwangDirector2026-05-07A1,94800Derivative, Class A CommonForm 4 ↗
Wayne HewettDirector2026-05-07A1,94800Derivative, Class A CommonForm 4 ↗
Franck MoisonDirector2026-05-07A1,94800Derivative, Class A CommonForm 4 ↗
Russell StokesDirector2026-05-07A1,94800Derivative, Class A CommonForm 4 ↗
William R. JohnsonDirector2026-05-07A2,64700Derivative, Class A CommonForm 4 ↗
Eva BorattoDirector2026-05-07A1,94800Derivative, Class A CommonForm 4 ↗
Darrell L. FordChief Human Resources Officer2026-05-15D2,174.2200Derivative, Class A CommonForm 4 ↗
Norman M. Brothers JrChief Legal & Compliance Off2026-05-15A2,504.800CommonForm 4 ↗
Darrell L. FordChief Human Resources Officer2026-05-15D96910197,656CommonForm 4 ↗
Darrell L. FordChief Human Resources Officer2026-05-15A2,174.2200CommonForm 4 ↗
Nando CesaronePresident, US Operations2026-05-15D3,551.5800Derivative, Class A CommonForm 4 ↗
Nando CesaronePresident, US Operations2026-05-15D1,582101159,434CommonForm 4 ↗
Brian DykesChief Financial Officer2026-05-15D3,137.500Derivative, Class A CommonForm 4 ↗
Brian DykesChief Financial Officer2026-05-15D1,398101140,890CommonForm 4 ↗
Matthew W. GuffeyCHF Commercial & Strategy Off2026-05-15D2,667.8300Derivative, Class A CommonForm 4 ↗
Matthew W. GuffeyCHF Commercial & Strategy Off2026-05-15D1,189101119,827CommonForm 4 ↗
Kate GutmannPres Intl, Healthcare and SCS2026-05-15D3,551.5800Derivative, Class A CommonForm 4 ↗
Kate GutmannPres Intl, Healthcare and SCS2026-05-15D1,582101159,434CommonForm 4 ↗
Kate GutmannPres Intl, Healthcare and SCS2026-05-15A3,551.5800CommonForm 4 ↗
Bala SubramanianChief Digital & Tech Officer2026-05-15D3,086.300Derivative, Class A CommonForm 4 ↗
Bala SubramanianChief Digital & Tech Officer2026-05-15D1,027101103,501CommonForm 4 ↗
Norman M. Brothers JrChief Legal & Compliance Off2026-05-15D2,504.800Derivative, Class A CommonForm 4 ↗
Norman M. Brothers JrChief Legal & Compliance Off2026-05-15D1,116101112,470CommonForm 4 ↗
Nando CesaronePresident, US Operations2026-05-15A3,551.5800CommonForm 4 ↗
Brian DykesChief Financial Officer2026-05-15A3,137.500CommonForm 4 ↗
Matthew W. GuffeyCHF Commercial & Strategy Off2026-05-15A2,667.8300CommonForm 4 ↗
Bala SubramanianChief Digital & Tech Officer2026-05-15A3,086.300CommonForm 4 ↗
Nando CesaroneChief Global Operations Off2026-09-01A58,44600Derivative, Class A CommonForm 4 ↗
Bala SubramanianChief Digital & Tech Officer2026-09-01A29,22300Derivative, Class A CommonForm 4 ↗
Wilfredo RamosChief Intl, Healthcare and SCS2026-09-01A5,41300Derivative, Class A CommonForm 4 ↗
Matthew W. GuffeyChief US Domestic Officer2026-10-28D8,317.94105876,628CommonForm 4 ↗
Sources (116 citations)

Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.

  • Section 01, Carol Tomé. DEF 14A, filed 2026-03-19. Section “2025 Summary Compensation Table” · page 53. As printed: 22,878,788. View filing ↗
  • Section 01, Kate Gutmann. DEF 14A, filed 2026-03-19. Section “2025 Summary Compensation Table”. As printed: 8,350,636. View filing ↗
  • Section 01, Nando Cesarone. DEF 14A, filed 2026-03-19. Section “2025 Summary Compensation Table”. As printed: 7,778,278. View filing ↗
  • Section 01, Brian Dykes. DEF 14A, filed 2026-03-19. Section “2025 Summary Compensation Table”. As printed: 7,015,650. View filing ↗
  • Section 01, Bala Subramanian. DEF 14A, filed 2026-03-19. Section “2025 Summary Compensation Table”. As printed: 6,750,476. View filing ↗
  • Section 03, Kate Gutmann PSU. DEF 14A, filed 2026-03-19. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Brian Dykes PSU. DEF 14A, filed 2026-03-19. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Brian Dykes OPTION. DEF 14A, filed 2026-03-19. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Brian Dykes RSU. DEF 14A, filed 2026-03-19. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Nando Cesarone OPTION. DEF 14A, filed 2026-03-19. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Kate Gutmann RSU. DEF 14A, filed 2026-03-19. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Bala Subramanian OPTION. DEF 14A, filed 2026-03-19. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Carol Tomé OPTION. DEF 14A, filed 2026-03-19. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Nando Cesarone RSU. DEF 14A, filed 2026-03-19. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Nando Cesarone PSU. DEF 14A, filed 2026-03-19. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Bala Subramanian RSU. DEF 14A, filed 2026-03-19. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Carol Tomé PSU. DEF 14A, filed 2026-03-19. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Bala Subramanian PSU. DEF 14A, filed 2026-03-19. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Kate Gutmann OPTION. DEF 14A, filed 2026-03-19. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 07, pay ratio. DEF 14A, filed 2026-03-19. Section “CEO Pay Ratio”. As printed: 345 : 1. View filing ↗
  • Section 08, William Johnson. DEF 14A, filed 2026-03-19. Section “Director Compensation”. As printed: 570,000. View filing ↗
  • Section 08, Eva Boratto. DEF 14A, filed 2026-03-19. Section “Director Compensation”. As printed: 350,000. View filing ↗
  • Section 08, Christiana Smith Shi. DEF 14A, filed 2026-03-19. Section “Director Compensation”. As printed: 345,000. View filing ↗
  • Section 08, Rodney Adkins. DEF 14A, filed 2026-03-19. Section “Director Compensation”. As printed: 340,000. View filing ↗
  • Section 08, Kevin Clark. DEF 14A, filed 2026-03-19. Section “Director Compensation”. As printed: 337,500. View filing ↗
  • Section 08, Kevin Warsh. DEF 14A, filed 2026-03-19. Section “Director Compensation”. As printed: 320,000. View filing ↗
  • Section 08, Angela Hwang. DEF 14A, filed 2026-03-19. Section “Director Compensation”. As printed: 320,000. View filing ↗
  • Section 08, Kate Johnson. DEF 14A, filed 2026-03-19. Section “Director Compensation”. As printed: 320,000. View filing ↗
  • Section 08, Russell Stokes. DEF 14A, filed 2026-03-19. Section “Director Compensation”. As printed: 320,000. View filing ↗
  • Section 08, Franck Moison. DEF 14A, filed 2026-03-19. Section “Director Compensation”. As printed: 320,000. View filing ↗
  • Section 08, Wayne Hewett. DEF 14A, filed 2026-03-19. Section “Director Compensation”. As printed: 320,000. View filing ↗
  • Section 08, John Morikis. DEF 14A, filed 2026-03-19. Section “Director Compensation”. As printed: 257,500. View filing ↗
  • Section 08, Michael Burns. DEF 14A, filed 2026-03-19. Section “Director Compensation”. As printed: 62,500. View filing ↗
  • Section 02, Brian Dykes 2026-05-06. Form 4, filed 2026-05-08. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Nando Cesarone 2026-05-06. Form 4, filed 2026-05-08. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Darrell L. Ford 2026-05-06. Form 4, filed 2026-05-08. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Matthew W. Guffey 2026-05-06. Form 4, filed 2026-05-08. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Kate Gutmann 2026-05-06. Form 4, filed 2026-05-08. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Carol B. Tome 2026-05-06. Form 4, filed 2026-05-08. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Norman M. Brothers Jr 2026-05-06. Form 4, filed 2026-05-08. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Bala Subramanian 2026-05-06. Form 4, filed 2026-05-08. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Kevin Warsh 2026-05-06. Form 4, filed 2026-05-08. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Rodney Adkins 2026-05-07. Form 4, filed 2026-05-08. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Kevin Clark 2026-05-07. Form 4, filed 2026-05-08. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, John Morikis 2026-05-07. Form 4, filed 2026-05-08. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Kevin Warsh 2026-05-07. Form 4, filed 2026-05-08. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Christiana Smith Shi 2026-05-07. Form 4, filed 2026-05-08. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Angela Hwang 2026-05-07. Form 4, filed 2026-05-08. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Wayne Hewett 2026-05-07. Form 4, filed 2026-05-08. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Franck Moison 2026-05-07. Form 4, filed 2026-05-08. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Russell Stokes 2026-05-07. Form 4, filed 2026-05-08. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, William R. Johnson 2026-05-07. Form 4, filed 2026-05-08. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Eva Boratto 2026-05-07. Form 4, filed 2026-05-08. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Darrell L. Ford 2026-05-15. Form 4, filed 2026-05-15. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Norman M. Brothers Jr 2026-05-15. Form 4, filed 2026-05-15. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Darrell L. Ford 2026-05-15. Form 4, filed 2026-05-15. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Darrell L. Ford 2026-05-15. Form 4, filed 2026-05-15. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Nando Cesarone 2026-05-15. Form 4, filed 2026-05-15. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Nando Cesarone 2026-05-15. Form 4, filed 2026-05-15. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Brian Dykes 2026-05-15. Form 4, filed 2026-05-15. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Brian Dykes 2026-05-15. Form 4, filed 2026-05-15. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Matthew W. Guffey 2026-05-15. Form 4, filed 2026-05-15. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Matthew W. Guffey 2026-05-15. Form 4, filed 2026-05-15. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Kate Gutmann 2026-05-15. Form 4, filed 2026-05-15. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Kate Gutmann 2026-05-15. Form 4, filed 2026-05-15. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Kate Gutmann 2026-05-15. Form 4, filed 2026-05-15. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Bala Subramanian 2026-05-15. Form 4, filed 2026-05-15. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Bala Subramanian 2026-05-15. Form 4, filed 2026-05-15. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Norman M. Brothers Jr 2026-05-15. Form 4, filed 2026-05-15. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Norman M. Brothers Jr 2026-05-15. Form 4, filed 2026-05-15. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Nando Cesarone 2026-05-15. Form 4, filed 2026-05-15. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Brian Dykes 2026-05-15. Form 4, filed 2026-05-15. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Matthew W. Guffey 2026-05-15. Form 4, filed 2026-05-15. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Bala Subramanian 2026-05-15. Form 4, filed 2026-05-15. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Nando Cesarone 2026-09-01. Form 4, filed 2026-09-03. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Bala Subramanian 2026-09-01. Form 4, filed 2026-09-03. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Wilfredo Ramos 2026-09-01. Form 4, filed 2026-09-03. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Matthew W. Guffey 2026-10-28. Form 4, filed 2026-10-30. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 06, 2026 vote. Form 8-K, filed 2026-05-11. Item 5.07 · say-on-pay result. As reported: 83.57% (votes for as printed: 870,170,397). View filing ↗
  • Section 06, 2025 vote. Form 8-K, filed 2025-05-12. Item 5.07 · say-on-pay result. As reported: 85.87% (votes for as printed: 928,214,832). View filing ↗
  • Section 06, 2024 vote. Form 8-K, filed 2024-05-06. Item 5.07 · say-on-pay result. As reported: 89.82% (votes for as printed: 1,051,455,683). View filing ↗
  • Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
  • Section 03b vehicle mix (computed). Computed. RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).
  • Section 09b board cost (computed). Computed. Cash 1,723,750 + equity 2,458,750 + all other 0 = 4,182,500, summed across the director compensation table rows.
  • Intel Corporation, Section 10b CEO total. DEFR 14A, filed 2026-03-24. CEO total compensation as printed in Intel Corporation's own proxy. As printed: 92,990,900. View filing ↗
  • Cisco Systems, Inc., Section 10b CEO total. DEF 14A, filed 2026-10-29. CEO total compensation as printed in Cisco Systems, Inc.'s own proxy. As printed: 48,527,813. View filing ↗
  • Comcast Corporation, Section 10b CEO total. DEF 14A, filed 2026-04-24. CEO total compensation as printed in Comcast Corporation's own proxy. As printed: 35,148,413. View filing ↗
  • Johnson & Johnson, Section 10b CEO total. DEF 14A, filed 2026-03-11. CEO total compensation as printed in Johnson & Johnson's own proxy. As printed: 32,758,111. View filing ↗
  • AT&T, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-23. CEO total compensation as printed in AT&T, Inc.'s own proxy. As printed: 29,906,872. View filing ↗
  • Walmart, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-23. CEO total compensation as printed in Walmart, Inc.'s own proxy. As printed: 29,240,930. View filing ↗
  • Deere & Company, Section 10b CEO total. DEF 14A, filed 2026-01-14. CEO total compensation as printed in Deere & Company's own proxy. As printed: 27,925,424. View filing ↗
  • FedEx Corporation, Section 10b CEO total. DEF 14A, filed 2026-08-17. CEO total compensation as printed in FedEx Corporation's own proxy. As printed: 27,554,018. View filing ↗
  • PepsiCo, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-27. CEO total compensation as printed in PepsiCo, Inc.'s own proxy. As printed: 23,903,545. View filing ↗
  • The Boeing Company, Section 10b CEO total. DEF 14A, filed 2026-03-06. CEO total compensation as printed in The Boeing Company's own proxy. As printed: 23,581,389. View filing ↗
  • Lockheed Martin Corporation, Section 10b CEO total. DEF 14A, filed 2026-03-26. CEO total compensation as printed in Lockheed Martin Corporation's own proxy. As printed: 23,453,308. View filing ↗
  • United Parcel Service Inc (subject), Section 10b CEO total. DEF 14A, filed 2026-03-19. CEO total compensation as printed in United Parcel Service Inc's own proxy. As printed: 22,878,788. View filing ↗
  • Lowe's Companies, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-16. CEO total compensation as printed in Lowe's Companies, Inc.'s own proxy. As printed: 21,581,889. View filing ↗
  • McDonald's Corp., Section 10b CEO total. DEF 14A, filed 2026-04-07. CEO total compensation as printed in McDonald's Corp.'s own proxy. As printed: 20,574,525. View filing ↗
  • The Procter & Gamble Company, Section 10b CEO total. DEF 14A, filed 2026-08-28. CEO total compensation as printed in The Procter & Gamble Company's own proxy. As printed: 18,976,742. View filing ↗
  • Caterpillar Inc., Section 10b CEO total. DEF 14A, filed 2026-04-30. CEO total compensation as printed in Caterpillar Inc.'s own proxy. As printed: 17,008,077. View filing ↗
  • The Home Depot, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-07. CEO total compensation as printed in The Home Depot, Inc.'s own proxy. As printed: 16,191,127. View filing ↗
  • Target Corp., Section 10b CEO total. DEF 14A, filed 2026-04-27. CEO total compensation as printed in Target Corp.'s own proxy. As printed: 9,598,071. View filing ↗
  • Section 10a, The Home Depot, Inc. reciprocity. DEF 14A. The Home Depot, Inc.'s most recent proxy was read; its disclosed peer group does not include United Parcel Service Inc. View filing ↗
  • Section 10a, The Procter & Gamble Company reciprocity. DEF 14A. The Procter & Gamble Company's most recent proxy was read; its disclosed peer group does not include United Parcel Service Inc. View filing ↗
  • Section 10a, Target Corp. reciprocity. DEF 14A. Target Corp. names United Parcel Service Inc in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Lockheed Martin Corporation reciprocity. DEF 14A. Lockheed Martin Corporation names United Parcel Service Inc in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Lowe's Companies, Inc. reciprocity. DEF 14A. Lowe's Companies, Inc.'s most recent proxy was read; its disclosed peer group does not include United Parcel Service Inc. View filing ↗
  • Section 10a, AT&T, Inc. reciprocity. DEF 14A. AT&T, Inc. names United Parcel Service Inc in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, The Boeing Company reciprocity. DEF 14A. The Boeing Company names United Parcel Service Inc in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Caterpillar Inc. reciprocity. DEF 14A. Caterpillar Inc.'s most recent proxy was read; its disclosed peer group does not include United Parcel Service Inc. View filing ↗
  • Section 10a, Intel Corporation reciprocity. DEF 14A. Intel Corporation's most recent proxy was read; its disclosed peer group does not include United Parcel Service Inc. View filing ↗
  • Section 10a, Cisco Systems, Inc. reciprocity. DEF 14A. Cisco Systems, Inc.'s most recent proxy was read; its disclosed peer group does not include United Parcel Service Inc. View filing ↗
  • Section 10a, Johnson & Johnson reciprocity. DEF 14A. Johnson & Johnson's most recent proxy was read; its disclosed peer group does not include United Parcel Service Inc. View filing ↗
  • Section 10a, Comcast Corporation reciprocity. DEF 14A. Comcast Corporation's most recent proxy was read; its disclosed peer group does not include United Parcel Service Inc. View filing ↗
  • Section 10a, Walmart, Inc. reciprocity. DEF 14A. Walmart, Inc. names United Parcel Service Inc in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Deere & Company reciprocity. DEF 14A. Deere & Company's most recent proxy was read; its disclosed peer group does not include United Parcel Service Inc. View filing ↗
Get the full report — $500