Form 4: Union Pacific Director John Wiehoff Reports Phantom Stock Acquisition
SEC Form 4 Filing
Director John Wiehoff reported the acquisition of 181 units of Phantom Stock in Union Pacific Corp on April 1, 2024.
Summary
- On April 1, 2024, John Wiehoff, a director of Union Pacific Corp, acquired 181 units of Phantom Stock.
- Following the transaction, Wiehoff directly owns 505 units of Phantom Stock.
- The Phantom Stock Units are payable in cash only, commencing at retirement.
- The distribution ratio for Phantom Stock Units is 1:1.
Sentiment
Score: 5
Explanation: This is a neutral regulatory filing. It simply reports a transaction by a company insider.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and provides transparency to investors regarding the holdings of company directors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding the holdings of company directors.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of transaction: Acquisition of Phantom Stock |
| 04/02/2024 | Date of signature on the Form 4 filing |
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