UNITED PARCEL SERVICE INC

Ticker: UPS CUSIP: 911312106 Class: CL B

Willis Investment Counsel's Holding History (CIK: 0001310929)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 210,373 Value ($000) $20,867 Avg Close $92.75 Range $80.60 - $102.89

Q3 2025

Shares 228,731 Value ($000) $19,106 Avg Close $88.13 Range $80.60 - $102.70

Q2 2025

Shares 260,548 Value ($000) $26,300 Avg Close $94.10 Range $85.94 - $104.87

Q1 2025

Shares 239,731 Value ($000) $26,368 Avg Close $112.66 Range $102.36 - $128.18

Q4 2024

Shares 171,522 Value ($000) $21,629 Avg Close $122.34 Range $114.16 - $134.03

Q3 2024

Shares 169,801 Value ($000) $23,151 Avg Close $120.53 Range $112.37 - $135.22

Q2 2024

Shares 168,458 Value ($000) $23,053 Avg Close $129.99 Range $121.30 - $140.02

Q1 2024

Shares 130,556 Value ($000) $19,405 Avg Close $136.41 Range $123.99 - $144.14

Q4 2023

Shares 78,685 Value ($000) $12,372 Avg Close $134.26 Range $117.95 - $146.23

Q3 2023

Shares 79,518 Value ($000) $12,394 Avg Close $151.64 Range $132.82 - $168.74

Q2 2023

Shares 79,518 Value ($000) $14,254 Avg Close $154.55 Range $145.28 - $171.31

Q1 2023

Shares 79,754 Value ($000) $15,471 Avg Close $158.15 Range $148.80 - $168.12

Q4 2022

Shares 79,518 Value ($000) $13,823 Avg Close $148.03 Range $131.72 - $164.49

Q3 2022

Shares 78,985 Value ($000) $12,759 Avg Close $160.50 Range $136.18 - $178.09

Q2 2022

Shares 61,185 Value ($000) $11,169 Avg Close $153.35 Range $139.58 - $180.14

Q1 2022

Shares 62,185 Value ($000) $13,336 Avg Close $177.17 Range $160.17 - $194.22

Q4 2021

Shares 50,285 Value ($000) $10,778 Avg Close $168.57 Range $146.47 - $182.12

Q3 2021

Shares 37,400 Value ($000) $6,811 Avg Close $162.74 Range $150.50 - $176.79

Q2 2021

Shares 44,426 Value ($000) $9,239 Avg Close $164.16 Range $138.21 - $179.76

Q1 2021

Shares 46,400 Value ($000) $7,888 Avg Close $131.98 Range $125.90 - $139.99

Q4 2020

Shares 46,400 Value ($000) $7,814 Avg Close $136.91 Range $125.53 - $143.93

Q3 2020

Shares 46,600 Value ($000) $7,765 Avg Close $117.34 Range $90.83 - $139.06

Q2 2020

Shares 171,400 Value ($000) $19,056 Avg Close $79.74 Range $70.25 - $90.00

Q1 2020

Shares 173,673 Value ($000) $16,225 Avg Close $81.89 Range $65.20 - $93.88

Q2 2019

Shares 245,444 Value ($000) $25,347 Avg Close $80.15 Range $71.77 - $88.26

Q1 2019

Shares 40,725 Value ($000) $5,772 Avg Close $80.97 Range $71.64 - $86.63

Q4 2018

Shares 198,800 Value ($000) $19,389 Avg Close $82.08 Range $68.37 - $89.93

Q3 2018

Shares 187,600 Value ($000) $21,902 Avg Close $88.44 Range $78.57 - $94.36

Q2 2018

Shares 180,200 Value ($000) $19,143 Avg Close $83.75 Range $76.07 - $89.22

Q1 2018

Shares 182,800 Value ($000) $19,132 Avg Close $85.46 Range $75.36 - $99.83

Q4 2017

Shares 177,200 Value ($000) $21,113 Avg Close $86.27 Range $81.68 - $92.19

Q3 2017

Shares 176,700 Value ($000) $21,220 Avg Close $82.86 Range $77.64 - $88.05

Q2 2017

Shares 172,100 Value ($000) $19,033 Avg Close $77.32 Range $74.11 - $80.96

Q1 2017

Shares 139,300 Value ($000) $14,947 Avg Close $78.36 Range $73.76 - $84.45

Q4 2016

Shares 138,900 Value ($000) $15,923 Avg Close $80.28 Range $75.12 - $86.06

Q3 2016

Shares 136,000 Value ($000) $14,873 Avg Close $77.25 Range $74.66 - $78.79

Q2 2016

Shares 127,700 Value ($000) $13,756 Avg Close $73.08 Range $70.37 - $75.91

Q1 2016

Shares 105,500 Value ($000) $11,127 Avg Close $67.69 Range $60.56 - $74.54

Q4 2015

Shares 104,700 Value ($000) $10,075 Avg Close $70.63 Range $66.47 - $73.93

Q3 2015

Shares 114,000 Value ($000) $11,251 Avg Close $67.80 Range $64.39 - $71.18

Q2 2015

Shares 106,700 Value ($000) $10,340 Avg Close $67.72 Range $64.42 - $70.34

Q1 2015

Shares 105,500 Value ($000) $10,227 Avg Close $69.40 Range $65.39 - $77.12

Q4 2014

Shares 107,600 Value ($000) $11,962 Avg Close $70.93 Range $63.01 - $76.24

Q3 2014

Shares 139,900 Value ($000) $13,751 Avg Close $66.34 Range $63.12 - $69.92

Q2 2014

Shares 146,600 Value ($000) $15,050 Avg Close $66.59 Range $63.08 - $69.39

Q1 2014

Shares 72,400 Value ($000) $7,050 Avg Close $64.17 Range $61.16 - $68.85

Q4 2013

Shares 44,000 Value ($000) $4,624 Avg Close $64.45 Range $57.69 - $69.15

Q3 2013

Shares 68,800 Value ($000) $5,950 Avg Close $57.13 Range $55.21 - $60.08

Q2 2013

Shares 68,800 Value ($000) $5,950 Avg Close $55.38 Range $52.70 - $57.99

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	210,373	$20,867	$92.75	$80.60 - $102.89
Q3 2025	228,731	$19,106	$88.13	$80.60 - $102.70
Q2 2025	260,548	$26,300	$94.10	$85.94 - $104.87
Q1 2025	239,731	$26,368	$112.66	$102.36 - $128.18
Q4 2024	171,522	$21,629	$122.34	$114.16 - $134.03
Q3 2024	169,801	$23,151	$120.53	$112.37 - $135.22
Q2 2024	168,458	$23,053	$129.99	$121.30 - $140.02
Q1 2024	130,556	$19,405	$136.41	$123.99 - $144.14
Q4 2023	78,685	$12,372	$134.26	$117.95 - $146.23
Q3 2023	79,518	$12,394	$151.64	$132.82 - $168.74
Q2 2023	79,518	$14,254	$154.55	$145.28 - $171.31
Q1 2023	79,754	$15,471	$158.15	$148.80 - $168.12
Q4 2022	79,518	$13,823	$148.03	$131.72 - $164.49
Q3 2022	78,985	$12,759	$160.50	$136.18 - $178.09
Q2 2022	61,185	$11,169	$153.35	$139.58 - $180.14
Q1 2022	62,185	$13,336	$177.17	$160.17 - $194.22
Q4 2021	50,285	$10,778	$168.57	$146.47 - $182.12
Q3 2021	37,400	$6,811	$162.74	$150.50 - $176.79
Q2 2021	44,426	$9,239	$164.16	$138.21 - $179.76
Q1 2021	46,400	$7,888	$131.98	$125.90 - $139.99
Q4 2020	46,400	$7,814	$136.91	$125.53 - $143.93
Q3 2020	46,600	$7,765	$117.34	$90.83 - $139.06
Q2 2020	171,400	$19,056	$79.74	$70.25 - $90.00
Q1 2020	173,673	$16,225	$81.89	$65.20 - $93.88
Q2 2019	245,444	$25,347	$80.15	$71.77 - $88.26
Q1 2019	40,725	$5,772	$80.97	$71.64 - $86.63
Q4 2018	198,800	$19,389	$82.08	$68.37 - $89.93
Q3 2018	187,600	$21,902	$88.44	$78.57 - $94.36
Q2 2018	180,200	$19,143	$83.75	$76.07 - $89.22
Q1 2018	182,800	$19,132	$85.46	$75.36 - $99.83
Q4 2017	177,200	$21,113	$86.27	$81.68 - $92.19
Q3 2017	176,700	$21,220	$82.86	$77.64 - $88.05
Q2 2017	172,100	$19,033	$77.32	$74.11 - $80.96
Q1 2017	139,300	$14,947	$78.36	$73.76 - $84.45
Q4 2016	138,900	$15,923	$80.28	$75.12 - $86.06
Q3 2016	136,000	$14,873	$77.25	$74.66 - $78.79
Q2 2016	127,700	$13,756	$73.08	$70.37 - $75.91
Q1 2016	105,500	$11,127	$67.69	$60.56 - $74.54
Q4 2015	104,700	$10,075	$70.63	$66.47 - $73.93
Q3 2015	114,000	$11,251	$67.80	$64.39 - $71.18
Q2 2015	106,700	$10,340	$67.72	$64.42 - $70.34
Q1 2015	105,500	$10,227	$69.40	$65.39 - $77.12
Q4 2014	107,600	$11,962	$70.93	$63.01 - $76.24
Q3 2014	139,900	$13,751	$66.34	$63.12 - $69.92
Q2 2014	146,600	$15,050	$66.59	$63.08 - $69.39
Q1 2014	72,400	$7,050	$64.17	$61.16 - $68.85
Q4 2013	44,000	$4,624	$64.45	$57.69 - $69.15
Q3 2013	68,800	$5,950	$57.13	$55.21 - $60.08
Q2 2013	68,800	$5,950	$55.38	$52.70 - $57.99