Form 4: Union Pacific Director Reports Stock Transaction

Union Pacific Corp. director Will W. Anthony reported a transaction involving phantom stock units, converting them into common stock.

Summary

• Director Will W. Anthony of Union Pacific Corp. has reported a transaction involving phantom stock units.
• The transaction, dated July 1, 2026, involved the conversion of phantom stock units into common stock.
• The distribution ratio for the phantom stock units is 1:1.
• Following the transaction, 159 shares of common stock are beneficially owned directly by Mr. Anthony.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine disclosure of an insider's stock transaction without immediate implications for the company's financial performance or strategy.

Positives

• Director Will W. Anthony has directly acquired 159 shares of Union Pacific common stock.
• The transaction indicates continued direct ownership by a key insider.

Future Outlook

No specific forward-looking statements or guidance were provided in this filing.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions and do not inherently signal strategic shifts, but they provide transparency into insider confidence.

Stakeholder Impact

• Shareholders: Increased transparency regarding insider holdings.

Key Dates

Keywords

Union Pacific Corp, UNP, Form 4, Insider Trading, Director Transaction, Phantom Stock, Common Stock