Form 4: Union Pacific Director Michael McCarthy Reports Transaction in Phantom Stock Units
SEC Form 4 Filing
Director Michael McCarthy reported a transaction involving phantom stock units of Union Pacific Corp on October 1, 2024.
Summary
- On October 1, 2024, Michael R. McCarthy, a director of Union Pacific Corp, reported a transaction involving phantom stock units.
- McCarthy acquired 867 phantom stock units at a price of $245.55, which are payable in cash only commencing at retirement.
- Following the reported transaction, McCarthy beneficially owns 66,440 phantom stock units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Industry Context
This is a standard disclosure of insider transactions, which is common for publicly traded companies like Union Pacific.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of transaction involving phantom stock units |
| 10/03/2024 | Date of signature on the Form 4 filing |
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