Form 4: Union Pacific Director Christopher J. Williams Reports Phantom Stock Unit Acquisition
SEC Form 4 Filing
Director Christopher J. Williams reports acquisition of 203 Phantom Stock Units in Union Pacific Corp.
Summary
- Christopher J. Williams, a director of Union Pacific Corp (UNP), reported a transaction on April 1, 2024.
- The transaction involved the acquisition of 203 Phantom Stock Units.
- Following the transaction, Williams directly owns 4,465 Phantom Stock Units.
- These units are payable in cash only upon retirement.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The Phantom Stock Units are payable in cash only commencing at retirement.
Industry Context
This filing is a routine disclosure related to executive compensation and holdings, common in publicly traded companies like Union Pacific.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it relates to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of transaction: Acquisition of Phantom Stock Units |
| 04/02/2024 | Date of signature on the Form 4 filing |
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