Form 4: Sheri H. Edison Reports Acquisition of Phantom Stock Units in Union Pacific Corp
SEC Form 4 Filing
Director Sheri H. Edison reports acquiring phantom stock units in Union Pacific Corp on October 1, 2024.
Summary
- Sheri H. Edison, a director of Union Pacific Corp, filed a Form 4 on October 3, 2024, reporting a transaction.
- On October 1, 2024, Edison acquired 189 phantom stock units at a price of $245.55.
- Following the transaction, Edison directly owns 2,231 shares of Union Pacific Corp common stock.
- The phantom stock units are payable in cash only, commencing at retirement.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to the market.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of transaction: Acquisition of 189 phantom stock units. |
| 10/03/2024 | Date of Form 4 filing. |
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