---
schema_version: "secwatch.filing_event.v1"
accession: "0001090727-22-000025"
form_type: "8-K"
ticker: "UPS"
cik: "0001090727"
company_name: "UNITED PARCEL SERVICE INC"
filed_at: "2022-05-10T23:59:59+00:00"
generated_at: "2026-06-25T21:26:03.429930+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# UPS adopts new Key Employee Severance Plan; shareholders reelect all directors and reject all proposals

## Summary
- New severance plan approved May 4, 2022: CEO gets 2x salary + target bonus, other NEOs get 1x; plus COBRA and career counseling up to $30k.
- Shareholders elected all 13 director nominees; Carol Tomé received 1.287B votes for, 32.6M against.
- Advisory vote on NEO compensation passed with 1.218B for, 87.3M against.
- All seven shareholder proposals defeated, including lobbying report (387M for), climate alignment (433M for), and voting rights (431M for).
- Ratification of Deloitte & Touche as auditor passed with 1.381B votes for.

## SEC filing metadata
- accession: 0001090727-22-000025
- form_type: 8-K
- ticker: UPS
- cik: 0001090727
- company_name: UNITED PARCEL SERVICE INC
- filed_at: 2022-05-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1090727/000109072722000025/0001090727-22-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1090727/000109072722000025/ups-20220504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001090727-22-000025
- JSON: https://secwatch.observer/filing/0001090727-22-000025.json
- Plain text: https://secwatch.observer/filing/0001090727-22-000025.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.