Form 4: Union Pacific CFO Jennifer Hamann Acquires Shares Through Employee Stock Purchase Plan

Union Pacific Corporation's Executive Vice President and Chief Financial Officer, Jennifer L. Hamann, acquired 9.413 shares of common stock at $226.6 per share through an employee stock purchase plan.

Summary

• Jennifer L. Hamann, Executive Vice President and Chief Financial Officer of Union Pacific Corp (UNP), acquired 9.413 shares of common stock.
• The acquisition occurred on June 10, 2025, at a price of $226.6 per share.
• This purchase was made pursuant to the 2021 Employee Stock Purchase Plan.
• Following this transaction, Ms. Hamann directly beneficially owns 109,108.6776 shares and indirectly owns 5,556.339 shares via a deferral account.

Sentiment

Score: 7

Explanation: The acquisition of shares by a key executive, even a small amount through an ESPP, generally indicates confidence in the company, which is a positive signal for investors.

Positives

• An executive acquiring shares, even a small amount through an ESPP, can be seen as a positive signal of confidence in the company's future performance.
• Participation in an Employee Stock Purchase Plan (ESPP) aligns management's financial interests with those of shareholders.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing is a routine insider transaction report and does not provide specific insights into broader industry trends within the railroad or transportation sector. It reflects an individual executive's participation in an employee stock plan.

Related Party Transactions

• The acquisition of shares by an executive through an employee stock purchase plan is considered a related party transaction, as it involves a transaction between the company and a key management personnel.

Stakeholder Impact

• Shareholders: The transaction may be viewed positively as it aligns the interests of a key executive with those of shareholders, potentially signaling confidence in the company's future performance.
• Employees: The existence of an Employee Stock Purchase Plan (ESPP) can be seen as a benefit for employees, encouraging ownership and alignment with company success.

Key Dates

Keywords

Union Pacific, UNP, SEC Form 4, Insider Trading, Stock Acquisition, Employee Stock Purchase Plan, Jennifer L. Hamann, CFO, Common Stock, Beneficial Ownership