Form 4: Union Pacific EVP Jennifer Hamann Acquires Shares Through Employee Stock Purchase Plan

Sentiment:

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

DateDescription
09/10/2024Date of transaction: Jennifer Hamann acquired shares of Union Pacific common stock.
09/11/2024Date of signature on the Form 4 filing.

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