FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Dykes Brian M
2. Date of Event Requiring Statement (Month/Day/Year)
07/09/2024
3. Issuer Name and Ticker or Trading Symbol
UNITED PARCEL SERVICE INC [UPS]
(Last)
(First)
(Middle)
55 GLENLAKE PARKWAY, NE
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
EVP & Chief Financial Officer
5. If Amendment, Date Original Filed (Month/Day/Year)
(Street)

ATLANTA, GA 30328
6. Individual or Joint/Group Filing (Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Class A Common Stock 11,612.2985 (1)
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Option to Purchase Class A Common   (2) 03/20/2034 Class A Common Stock 2,978 $ 154.76 D  
Option to Purchase Class A Common   (3) 02/10/2031 Class A Common Stock 2,442 $ 165.66 D  
Option to Purchase Class A Common   (4) 03/22/2033 Class A Common Stock 2,435 $ 185.54 D  
Option to Purchase Class A Common   (5) 03/23/2032 Class A Common Stock 1,541 $ 214.58 D  
Restricted Stock Units   (6) 03/23/2025 Class A Common Stock 2,538.4147 (7) $ (8) D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Dykes Brian M
55 GLENLAKE PARKWAY, NE
ATLANTA, GA 30328
      EVP & Chief Financial Officer  

Signatures

Michael Hanson, Power of Attorney 07/12/2024
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Includes 483.2788 shares in the reporting person's 401(k) account.
(2) Securities vest at the rate of 20% annually beginning on March 20, 2025.
(3) Securities vest at the rate of 20% annually beginning on February 10, 2022.
(4) Securities vest at the rate of 20% annually beginning on March 22, 2024.
(5) Securities vest at the rate of 20% annually beginning on March 23, 2023.
(6) Restricted Stock Units (RSUs) vest in March 2025.
(7) Includes dividend equivalent units attributed to the RSUs.
(8) RSUs will convert into shares of UPS Class A common stock on a one for one basis.
 
Remarks:
briandykes.txt

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