Page 1

Table of Contents ( Mark One ) ☑ United States Securities and Exchange Commission Washington , D.C. 20549 Form 10 - Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31 , 2021 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 Delaware ( State or Other Jurisdiction of Incorporation or Organization ) 55 Glenlake Parkway N.E. , Atlanta , Georgia ( Address of Principal Executive Offices ) Title of Each Class Class B common stock , par value $ 0.01 per share 0.375 % Senior Notes due 2023 1.625 % Senior Notes due 2025 1 % Senior Notes due 2028 1.500 % Senior Notes due 2032 For the transition period from to Commission file number 001-15451 ups United Parcel Service , Inc. ( Exact name of registrant as specified in its charter ) ( 404 ) 828-6000 ( Registrant's telephone number , including area code ) Securities registered pursuant to Section 12 ( b ) of the Act : Trading Symbol UPS UPS23A UPS25 UPS28 UPS32 58-2480149 ( IRS Employer Identification No. ) 30328 ( Zip Code ) Name of Each Exchange on Which Registered New York Stock Exchange New York Stock Exchange New York Stock Exchange New York Stock Exchange New York Stock Exchange Indicate by check mark whether the registrant ( 1 ) has filed all reports required to be filed by Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the preceding 12 months ( or for such shorter period that the registrant was required to file such reports ) , and ( 2 ) has been subject to such filing requirements for the past 90 days . Yes No ☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S - T ( § 232.405 of this chapter ) during the preceding 12 months ( or for such shorter period that the registrant was required to submit such files ) . Yes No □ Indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , a smaller reporting company , or an emerging growth company . See the definitions of " large accelerated filer " , " accelerated filer " , " smaller reporting company " and " emerging growth company " in Rule 12b - 2 of the Exchange Act . Large accelerated filer X Accelerated filer ㅁ Non - accelerated filer ☐ Smaller reporting company Emerging growth company ☐ ☐ If an emerging growth company , indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13 ( a ) of the Exchange Act . Indicate by check mark whether the registrant is a shell company ( as defined in Rule 12b - 2 of the Exchange Act ) . Yes ☐ No There were 147,215,404 Class A shares , and 723,317,204 Class B shares , with a par value of $ 0.01 per share , outstanding at April 22 , 2021 .