Form 4: Union Pacific Director William J. DeLaney III Reports Phantom Stock Transaction
SEC Form 4 Filing
Director William J. DeLaney III reports a transaction involving phantom stock units of Union Pacific Corp.
Summary
- On October 1, 2024, William J. DeLaney III, a director of Union Pacific Corp, engaged in a transaction involving phantom stock.
- He acquired 207 phantom stock units at a price of $245.55, which are payable in cash upon retirement.
- Following the transaction, DeLaney directly owns 5,453 phantom stock units.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, reporting a transaction. It doesn't convey any particular positive or negative sentiment.
Future Outlook
The phantom stock units are payable in cash only commencing at retirement.
Industry Context
This is a routine disclosure of a transaction by a company insider, which is common practice for publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of phantom stock transaction |
| 10/03/2024 | Date of signature on the Form 4 filing |
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