Form 4: Director Teresa Finley Increases Stake in Union Pacific

Union Pacific Director Teresa Finley acquired 198 phantom stock units as part of her director compensation package.

Summary

• Director Teresa Finley acquired 198 phantom stock units of Union Pacific Corporation (UNP).
• The transaction occurred on April 1, 2026.
• The phantom stock units are valued at $243.12 per unit.
• These units are payable in cash only upon the director's retirement.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which is neutral in terms of market impact.

Positives

• Director demonstrates alignment with company performance through the acquisition of equity-linked compensation.

Negatives

• None identified.

Risks

• Value of phantom stock is tied to the future performance of Union Pacific common stock.

Future Outlook

The filing does not provide forward-looking guidance regarding company operations, focusing solely on director compensation.

Industry Context

StockSavvy.ai notes that director compensation via phantom stock is a standard practice in the railroad industry to ensure long-term alignment between board members and shareholders without immediate dilution.

Comparison to Industry Standards

• The use of phantom stock units for non-employee directors is consistent with compensation structures at major industrial peers like CSX and Norfolk Southern.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard director compensation event.

Next Steps

• No future actions required by the issuer.

Key Dates

Keywords

Union Pacific, UNP, Insider Trading, Form 4, Director Compensation, Phantom Stock