Form 4: Union Pacific Director Reports Stock Transaction

Director Sheri H. Edison reported a transaction involving Union Pacific Corp. (UNP) phantom stock units.

Summary

• Director Sheri H. Edison reported a transaction related to Union Pacific Corp. (UNP).
• The transaction involved phantom stock units, which are payable in cash only upon retirement.
• The distribution ratio for these phantom stock units is 1:1.
• A total of 175 phantom stock units were acquired.
• These units are valued at $277.73 per unit, totaling $48,597.75.
• The transaction date was July 1, 2026, with a deemed execution date of July 1, 2026.
• The securities are beneficially owned directly by Ms. Edison.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine disclosure of a director's compensation-related transaction rather than a significant event impacting the company's immediate financial performance or strategy.

Positives

• Director acquired phantom stock units, indicating continued commitment and potential future compensation.
• The phantom stock units are directly owned, suggesting a clear beneficial interest.

Risks

• Phantom stock units are payable in cash only at retirement, meaning no immediate liquidity or benefit.
• The value of phantom stock units is subject to market fluctuations until retirement.

Future Outlook

The phantom stock units are payable in cash only commencing at retirement, indicating a long-term compensation structure.

Industry Context

StockSavvy.ai notes that the use of phantom stock units is a common executive compensation tool in the transportation and logistics industry, aligning management's long-term interests with shareholder value.

Stakeholder Impact

• Shareholders: The transaction reflects a standard compensation practice for directors, with no immediate impact on share price or ownership structure.

Next Steps

• Phantom stock units will be paid in cash upon retirement.

Key Dates

Keywords

Union Pacific Corp, UNP, Form 4, SEC Filing, Director Transaction, Sheri H. Edison, Phantom Stock Units, Beneficial Ownership