Form 4: Teresa Finley Reports Acquisition of Phantom Stock Units in Union Pacific Corp
SEC Form 4 Filing
Director Teresa Finley reports the acquisition of 203 Phantom Stock Units in Union Pacific Corp on January 2, 2025, at a price of $229.12 per unit.
Summary
- Teresa Finley, a director of Union Pacific Corp, filed a Form 4 on January 3, 2025, reporting a transaction that occurred on January 2, 2025.
- The transaction involved the acquisition of 203 Phantom Stock Units at a price of $229.12 per unit.
- Following the transaction, Finley directly owns 2,322 shares of Common Stock and 203 Phantom Stock Units.
- The Phantom Stock Units are payable in cash only, commencing at retirement, with a distribution ratio of 1:1.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of a transaction. The acquisition of stock units by a director is generally viewed as a slightly positive signal, but it's not a major event.
Positives
- The acquisition of Phantom Stock Units by a director could be seen as a positive sign, indicating confidence in the company's future performance.
Industry Context
This is a standard SEC filing related to insider transactions. It's common for directors and officers to receive stock-based compensation, and these transactions are routinely reported to the SEC.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders. It provides transparency regarding insider ownership.
Key Dates
| Date | Description |
|---|---|
| 01/02/2025 | Date of transaction: Acquisition of Phantom Stock Units |
| 01/03/2025 | Date of Form 4 filing |
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