UPS Board Director Sells Shares

Discussion in 'The Latest UPS Headlines' started by ROBO MOD, May 1, 2007.

  1. ROBO MOD

    ROBO MOD I'm a Robot Staff Member

    UPS Board Director Sells Shares - Houston Chronicle

    A board director of package delivery company United Parcel Service Inc., sold 1,501 shares of Class A common stock, according to a Securities and Exchange Commission filing.
     
  2. trickpony1

    trickpony1 Well-Known Member

    .....so why is this headline news?
    $108,222 is chump change for this guy while we, the working slobs, are having to struggle to make ends meet :crying:
     
  3. dave_socal

    dave_socal PACKAGE/FEEDER

    this is news?
     
  4. Dand_E_Don

    Dand_E_Don New Member

    You sound jealous. While I'm envious, I begrudge him nothing. He took the initiative to know the right things, meet the right people, find the right job for him, then reap some of the rewards. That's Capitalism, and I'll take it over Socialism and Communism any day, thank you very much.

    In this country, anyone with the guts to take a chance can end up just like whats-his-name. There are plenty of people who are legitimately deserving of their success. Just because you're not as successful isn't his fault.

    There! I said it.
     
  5. trickpony1

    trickpony1 Well-Known Member

    I don't recall saying I was jealous. I recall questioning why this is headline news. I think it's great that he can do what he did. Unfortunately most of us won't be able to. Thanks for your concern.
     
  6. Channahon

    Channahon New Member

    It's SEC news. Certain levels of management at UPS have to file with the SEC to sell stock. If I'm not mistaken, he just retired.
     
  7. ROCKETMAN

    ROCKETMAN Guest

    I wish i had that many shares so far i haveabout 50
     
  8. hoser

    hoser Industrial Slob

    no wonder the article is 404 already