Form 4: Union Pacific Director Deborah Hopkins Acquires Additional Phantom Stock Units

Union Pacific Corp. Director Deborah C. Hopkins reported the acquisition of 253 phantom stock units, increasing her total beneficial ownership to 12,012 units.

Summary

• Deborah C. Hopkins, a Director at Union Pacific Corp. (UNP), acquired 253 phantom stock units.
• The transaction date for the acquisition was July 1, 2025.
• Following this acquisition, Deborah C. Hopkins beneficially owns a total of 12,012 phantom stock units.
• Each phantom stock unit has a distribution ratio of 1:1 for Common Stock.
• Phantom Stock Units are payable in cash only, commencing at retirement.
• The underlying Common Stock price associated with the transaction was $235.57 per share.

Sentiment

Score: 7

Explanation: The acquisition of additional phantom stock units by a director is generally viewed positively as it indicates continued alignment of interests and confidence in the company's future.

Positives

• A director's acquisition of additional phantom stock units can signal confidence in the company's future performance and long-term strategy.
• The increase in beneficial ownership aligns the director's interests more closely with those of shareholders.

Future Outlook

No forward-looking statements or guidance are provided in this insider transaction report.

Industry Context

This filing is a standard insider transaction report, common across all publicly traded companies, reflecting changes in beneficial ownership by directors or officers. It does not provide information on broader industry trends or competitive landscape.

Stakeholder Impact

• Shareholders may view the director's increased ownership as a positive signal of confidence in the company's long-term prospects.

Key Dates

Keywords

Union Pacific, UNP, SEC Form 4, Insider Transaction, Phantom Stock, Director Ownership, Beneficial Ownership, Equity Compensation