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Discuss: UPS Board Director Sells Shares

This is a discussion on Discuss: UPS Board Director Sells Shares within the The Latest UPS Headlines forums, part of the Brown Cafe UPS Forum category; UPS Board Director Sells Shares - Houston Chronicle A board director of package delivery company United Parcel Service Inc., sold ...

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Old 05-01-2007, 08:04 AM   #1
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Default Discuss: UPS Board Director Sells Shares

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.
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Old 05-01-2007, 01:34 PM   #2
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Default Re: Discuss: UPS Board Director Sells Shares

.....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
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Old 05-01-2007, 09:19 PM   #3
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Default Re: Discuss: UPS Board Director Sells Shares

this is news?
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Old 05-03-2007, 01:46 PM   #4
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Default Re: Discuss: UPS Board Director Sells Shares

Quote:
Originally Posted by trickpony1 View Post
.....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
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.
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Old 05-03-2007, 03:56 PM   #5
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Default Re: Discuss: UPS Board Director Sells Shares

Quote:
Originally Posted by Dand_E_Don View Post
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.
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.
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Old 05-03-2007, 06:07 PM   #6
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Default Re: Discuss: UPS Board Director Sells Shares

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.
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Old 05-06-2007, 04:26 PM   #7
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Default Re: Discuss: UPS Board Director Sells Shares

I wish i had that many shares so far i haveabout 50
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Old 05-10-2007, 02:57 AM   #8
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Default Re: Discuss: UPS Board Director Sells Shares

no wonder the article is 404 already
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