Form 4: Union Pacific Director David B. Dillon Reports Transaction in Phantom Stock Units

David B. Dillon, a director of Union Pacific Corp, reports the acquisition of phantom stock units and disposal of common stock on January 2, 2025.

Summary

• On January 2, 2025, David B. Dillon, a director of Union Pacific Corp, reported a transaction involving phantom stock units and common stock.
• Dillon acquired 262 phantom stock units at a price of $0.00.
• Dillon also disposed of 262 shares of common stock at a price of $229.12.
• Following these transactions, Dillon beneficially owns 12,326 shares of common stock.
• The phantom stock units are payable in cash only, commencing at retirement, with a distribution ratio of 1:1.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by a company director, indicating a neutral sentiment.

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions and provides transparency to the market regarding the holdings of Union Pacific's director, David B. Dillon.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the transactions of a company director.

Key Dates