Form 4: Union Pacific Director Teresa Finley Reports Phantom Stock Unit Acquisition
SEC Form 4 Filing
Teresa Finley, a director at Union Pacific, reported the acquisition of 189 phantom stock units on October 1, 2024, according to a Form 4 filing with the SEC.
Summary
- On October 3, 2024, Teresa Finley, a director of Union Pacific Corp, filed a Form 4 with the SEC.
- The form reports a transaction that occurred on October 1, 2024, where Ms. Finley acquired 189 phantom stock units.
- These phantom stock units have a distribution ratio of 1:1 and are payable in cash only upon retirement.
- The price of the underlying common stock at the time of the transaction was $245.55.
- Following the reported transaction, Ms. Finley directly owns 2,119 shares of Union Pacific common stock.
Sentiment
Score: 5
Explanation: The document is a neutral report of a stock transaction. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company directors and their holdings in the company's stock.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of phantom stock units acquisition |
| 10/03/2024 | Date of Form 4 filing |
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