Form 4: Union Pacific EVP Kenyatta G. Rocker Reports Stock Purchase
SEC Form 4
Kenyatta G. Rocker, EVP of Marketing & Sales at Union Pacific, reports a recent stock purchase and adjustments to beneficial ownership.
Summary
- On September 10, 2024, Kenyatta G. Rocker, EVP of Marketing & Sales at Union Pacific Corp, acquired 3.223 shares of common stock at a price of $252.58 per share.
- This purchase was made pursuant to 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 1,195.8113 shares through a spouse, 350 shares through a deferral account, and 2,011.9962 shares through a managed account.
- The report was filed on September 11, 2024.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of stock transactions by an executive. The purchase itself can be seen as a slightly positive signal, indicating confidence.
Positives
- Executive's participation in the Employee Stock Purchase Plan indicates confidence in the company's future.
Industry Context
This filing is a routine disclosure related to insider trading regulations and provides transparency regarding the transactions of company executives in their own company's stock.
Stakeholder Impact
- The stock purchase may have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 09/10/2024 | Date of stock purchase transaction |
| 09/11/2024 | Date of Form 4 filing |
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