Form 4: Union Pacific EVP Gehringer Reports Stock Purchase and RSU Conversion
SEC Form 4
Eric J. Gehringer, EVP of Operations at Union Pacific, reports a stock purchase under the employee stock purchase plan and a conversion of restricted stock units.
Summary
- Eric J. Gehringer, EVP of Operations at Union Pacific Corp, reported a transaction on March 10, 2025.
- The transaction involved the purchase of 15.506 shares of common stock at a price of $248.29 under the 2021 Employee Stock Purchase Plan.
- Gehringer also reported the conversion of restricted stock units to 7,097.518 fully vested stock units with a 1:1 distribution ratio, payable in shares of common stock upon termination of employment or a date certain.
- Following the reported transactions, Gehringer beneficially owns 44,482.2456 shares of Union Pacific common stock directly and 7,097.518 shares indirectly through a deferral account.
Sentiment
Score: 6
Explanation: Neutral sentiment as the filing reflects routine stock transactions related to executive compensation.
Positives
- The purchase of shares under the employee stock purchase plan indicates confidence in the company's future.
Future Outlook
The vested stock units are payable in shares of common stock at termination of employment or a date certain.
Industry Context
Executive stock transactions are routinely monitored by investors as indicators of management's confidence in the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 03/10/2025 | Date of stock purchase and RSU conversion |
| 03/11/2025 | Date of signature on the Form 4 filing |
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