Form 4: Union Pacific Director Jane H. Lute Reports Phantom Stock Acquisition and Common Stock Disposal
SEC Form 4 Filing
Director Jane H. Lute reports acquisition of phantom stock units and disposal of common stock in a transaction dated April 1, 2025.
Summary
- On April 1, 2025, Jane H. Lute, a director of Union Pacific Corp, reported a transaction involving phantom stock and common stock.
- Lute acquired 394 phantom stock units, which are payable in cash upon retirement with a 1:1 distribution ratio.
- Additionally, Lute disposed of 394 shares of common stock at a price of $237.17 per share.
- Following these transactions, Lute directly owns 10,472 shares of Union Pacific common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It doesn't necessarily reflect a broader trend in the railroad industry but rather individual investment decisions.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders, as it involves a relatively small number of shares.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of transaction involving phantom stock acquisition and common stock disposal |
| 04/02/2025 | Date of signature on the Form 4 report |
Keywords
Form 4, Union Pacific, Director, Stock Disposal, Phantom Stock, UNP, Jane H. Lute
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