Form 4: Union Pacific EVP Jennifer Hamann Acquires Shares Through Employee Stock Purchase Plan
SEC Form 4
Jennifer L. Hamann, EVP & CFO of Union Pacific, acquired 8.5 shares of common stock through the company's Employee Stock Purchase Plan on October 10, 2024.
Summary
- On October 10, 2024, Jennifer L. Hamann, the Executive Vice President and Chief Financial Officer of Union Pacific Corp, acquired 8.5 shares of common stock.
- The purchase was made through the 2021 Employee Stock Purchase Plan.
- The price per share was $238.82.
- Following the transaction, Hamann directly owns 105,816.8036 shares of Union Pacific common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It reflects a routine transaction under an employee stock purchase plan, indicating standard executive compensation practices.
Positives
- The purchase of shares by a high-ranking executive could be interpreted as a positive signal about the executive's confidence in the company's future prospects.
Industry Context
Executive stock purchases are common and are often seen as a sign of confidence in the company's performance and future.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment due to the executive's increased investment in the company.
Key Dates
| Date | Description |
|---|---|
| 10/10/2024 | Date of transaction: Jennifer Hamann acquired shares of Union Pacific common stock. |
| 10/11/2024 | Date of signature on the Form 4 filing. |
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