Form 4: Union Pacific Director Deborah C. Hopkins Reports Phantom Stock Unit Acquisition
SEC Form 4 Filing
Director Deborah C. Hopkins reported the acquisition of 257 Phantom Stock Units of Union Pacific Corp on July 1, 2024.
Summary
- On July 1, 2024, Deborah C. Hopkins, a director of Union Pacific Corp, acquired 257 Phantom Stock Units.
- These units are payable in cash upon retirement.
- The distribution ratio for the Phantom Stock Units is 1:1.
- Following the transaction, Hopkins directly owns 11,015 shares of Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing reporting an insider transaction. It doesn't convey any particularly positive or negative sentiment about the company's performance or prospects.
Future Outlook
The document does not contain any specific forward-looking statements regarding Union Pacific's future performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company directors and their holdings in the company's stock.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it involves phantom stock units and a relatively small number of shares compared to the overall market capitalization of Union Pacific.
Key Dates
| Date | Description |
|---|---|
| 07/01/2024 | Date of transaction: Acquisition of 257 Phantom Stock Units |
| 07/02/2024 | Date of signature on the Form 4 filing |
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