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

Jennifer L. Hamann, EVP & CFO of Union Pacific, reports the acquisition of company stock through the 2021 Employee Stock Purchase Plan.

Summary

• On March 10, 2025, Jennifer L. Hamann, EVP & CFO of Union Pacific Corp, acquired 9.726 shares of Union Pacific common stock at a price of $248.29 per share through the 2021 Employee Stock Purchase Plan.
• Following the transaction, Hamann directly owns 109,076.4136 shares of common stock and indirectly owns 5,525 shares through a deferral account.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. It reflects routine executive stock purchases, indicating confidence but not necessarily a major market-moving event.

Positives

• The acquisition of shares through the Employee Stock Purchase Plan indicates confidence in the company's future.

Future Outlook

Not explicitly mentioned, but participation in the employee stock purchase plan suggests a positive outlook from the executive.

Industry Context

This is a routine transaction related to executive compensation and participation in employee stock purchase plans, common in publicly traded companies.

Comparison to Industry Standards

• Employee stock purchase plans are a common benefit offered by many large corporations, including Union Pacific's peers in the transportation and logistics industry.
• The specific terms of the plan (e.g., discount rate, purchase limits) would need to be compared to industry benchmarks to assess its competitiveness.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders.
• It reflects ongoing executive compensation practices.

Key Dates