Form 4: Union Pacific Director Sheri H. Edison Reports Phantom Stock Unit Acquisition
SEC Form 4 Filing
Director Sheri H. Edison reports acquisition of Phantom Stock Units in Union Pacific Corp.
Summary
- On July 1, 2024, Sheri H. Edison, a director of Union Pacific Corp, acquired 206 Phantom Stock Units.
- Following the transaction, Ms. Edison directly owns 2,042 Phantom Stock Units.
- These Phantom Stock Units are payable in cash upon retirement with a 1:1 distribution ratio.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing regarding stock ownership. It doesn't convey any positive or negative sentiment about the company's performance or prospects.
Future Outlook
The document does not contain any specific forward-looking statements regarding Union Pacific's future performance.
Industry Context
This filing is a routine disclosure related to insider transactions and doesn't provide specific insights into Union Pacific's competitive positioning or broader industry trends.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it involves phantom stock units, which are a form of deferred compensation.
Key Dates
| Date | Description |
|---|---|
| 07/01/2024 | Date of transaction: Acquisition of Phantom Stock Units |
| 07/02/2024 | Date of signature on the Form 4 filing |
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