Form 4: Union Pacific EVP Jennifer Hamann Reports Stock Purchase Under Employee Plan
SEC Form 4 Filing
Jennifer L. Hamann, EVP & CFO of Union Pacific, reports a purchase of common stock through the company's Employee Stock Purchase Plan.
Summary
- On August 10, 2024, Jennifer L. Hamann, the EVP & Chief Financial Officer of Union Pacific Corp, acquired 10.167 shares of common stock.
- The purchase was made under the 2021 Employee Stock Purchase Plan at a price of $237.52 per share.
- Following the transaction, Hamann directly owns 105,798.7416 shares of Union Pacific common stock.
Sentiment
Score: 6
Explanation: Routine transaction under employee stock purchase plan; mildly positive due to insider confidence, but not significantly impactful.
Positives
- The purchase indicates confidence in the company's future by a key executive.
Industry Context
Executive stock purchases are often seen as a positive sign, reflecting the insider's belief in the company's prospects. However, a single purchase is not necessarily indicative of a broader trend.
Stakeholder Impact
- The purchase could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 08/10/2024 | Date of transaction: Jennifer Hamann purchased Union Pacific common stock. |
| 08/12/2024 | Date of signature on the Form 4 filing. |
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