Form 4: Union Pacific Director David B. Dillon Reports Phantom Stock Acquisition
SEC Form 4
David B. Dillon, a director at Union Pacific, reported the acquisition of 240 phantom stock units on April 1, 2024.
Summary
- On April 1, 2024, David B. Dillon, a director of Union Pacific Corp, acquired 240 phantom stock units.
- These phantom stock units are payable in cash only upon retirement.
- The reporting person directly owns 11,560 shares of Union Pacific common stock.
- The transaction was reported on April 2, 2024.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, indicating a routine transaction. It doesn't convey any particularly positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions and doesn't necessarily reflect broader industry trends.
Stakeholder Impact
- The acquisition of phantom stock units by a director could have a minor positive impact on shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of phantom stock acquisition |
| 04/02/2024 | Date of Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.