UPS shareholders approve 2026 incentive plan, re-elect all 12 directors, reject three proposals
At its May 7, 2026 annual meeting, UPS shareholders approved the 2026 Omnibus Incentive Compensation Plan, which allows stock and cash-based awards to employees, directors and others. All twelve director nominees were elected to terms expiring at the 2027 annual meeting, and the advisory vote on executive pay passed. Three shareholder proposals, including one to reduce the voting power of class A stock, did not pass.
Key points
- Plan approved with 907,050,699 votes for and 111,886,661 against
- All twelve director nominees elected, including Carol B. Tomé with 867,039,453 votes for and 146,069,149 against
- Advisory say-on-pay proposal passed with 870,170,397 votes for and 151,229,847 against
- Shareholder proposal to cut class A voting power from 10 votes to one per share failed with 418,305,353 for and 614,820,130 against
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:21 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 11, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.