Form 4: Union Pacific Director Doyle Simons Acquires Phantom Stock Units
SEC Form 4 Filing
Director Doyle Simons acquired 310 Phantom Stock Units of Union Pacific Corp on April 1, 2024, according to a Form 4 filing.
Summary
- On April 1, 2024, Doyle Simons, a director of Union Pacific Corp, acquired 310 Phantom Stock Units.
- These units are payable in cash only upon retirement.
- Following the transaction, Simons directly owns 634 shares of Common Stock.
- The transaction was reported on April 2, 2024.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing an insider transaction. It doesn't convey any strong positive or negative sentiment.
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 insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it involves Phantom Stock Units and doesn't represent a significant change in ownership.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of transaction: Doyle Simons acquired 310 Phantom Stock Units. |
| 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.