Form 4: Union Pacific EVP Kenyatta G. Rocker Reports Stock Acquisition

Kenyatta G. Rocker, EVP of Marketing & Sales at Union Pacific, reports acquiring shares of common stock through the company's Employee Stock Purchase Plan.

Summary

• Kenyatta G. Rocker, an EVP at Union Pacific Corp, filed a Form 4 detailing changes in beneficial ownership of the company's stock.
• On October 10, 2024, Rocker acquired 3.408 shares of Union Pacific common stock at a price of $238.82 per share through the 2021 Employee Stock Purchase Plan.
• Following the transaction, Rocker directly owns 46,582.6837 shares of Union Pacific common stock.
• Rocker also indirectly owns 1,200.9077 shares through a spouse, 350 shares through a deferral account, and 2,012.8838 shares through a managed account.
• The filing was signed by Trevor L. Kingston, Attorney-in-Fact, on October 11, 2024.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a routine transaction. Executive participation in stock purchase plans is generally viewed positively, but the impact is minimal.

Positives

• Executive participation in the Employee Stock Purchase Plan signals confidence in the company's future.

Industry Context

This filing is a routine disclosure related to executive stock ownership and participation in company stock plans, common in publicly traded companies.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it involves a small number of shares relative to the company's total outstanding shares.
• The transaction has a minimal impact on employees as it is part of a standard employee benefit program.

Key Dates