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 9.562 shares of common stock through the company's Employee Stock Purchase Plan on September 10, 2024.
Summary
- On September 10, 2024, Jennifer L. Hamann, the EVP & Chief Financial Officer of Union Pacific Corp, acquired 9.562 shares of Union Pacific common stock.
- The acquisition was made through the 2021 Employee Stock Purchase Plan.
- The price per share was $252.58.
- Following the transaction, Hamann directly owns 105,808.3036 shares of Union Pacific common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction related to an employee stock purchase plan, indicating standard corporate practice.
Positives
- The acquisition of shares by a high-ranking executive like the CFO can be seen as a positive signal, indicating confidence in the company's future performance.
Industry Context
Employee stock purchase plans are a common way for companies to incentivize employees and align their interests with those of the shareholders. This transaction reflects a standard practice in corporate compensation.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it aligns executive interests with shareholder value.
Key Dates
| Date | Description |
|---|---|
| 09/10/2024 | Date of transaction: Jennifer Hamann acquired shares of Union Pacific common stock. |
| 09/11/2024 | Date of signature on the Form 4 filing. |
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