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

Executive Vice President of Marketing & Sales at Union Pacific, Kenyatta G. Rocker, reports purchases of common stock through employee stock purchase and other plans.

Summary

• Kenyatta G. Rocker, EVP Marketing & Sales at Union Pacific, filed a Form 4.
• The form reports purchases of Union Pacific common stock on June 10, 2024.
• These purchases were made through the 2021 Employee Stock Purchase Plan at a price of $228.95 per share.
• Rocker acquired 14.14 shares directly and 3.555 shares indirectly through a spouse.
• Following the reported transactions, Rocker directly owns 46,559.1697 shares of common stock.
• Rocker also indirectly owns 1,183.4991 shares through a spouse, 350 shares through a deferral account, and 2,006.9934 shares through a managed account.
• The filing also includes holdings in Union Pacific's Payroll-based and Tax-reduction stock ownership plans and 401(k) plan.

Sentiment

Score: 6

Explanation: Neutral sentiment as it reports routine stock purchases. The purchases themselves are a slightly positive signal, but the document is primarily informational.

Positives

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

Industry Context

Insider transactions are routinely monitored to gauge executive sentiment and potential future performance of the company. Purchases can be seen as a positive signal.

Comparison to Industry Standards

• Comparing Rocker's transactions to those of executives at similar companies like Norfolk Southern (NSC) and CSX Corporation (CSX) could provide a benchmark for executive stock ownership and investment behavior.
• Employee stock purchase plans are common across the industry, and the participation rate of executives is often viewed as an indicator of company health and management confidence.

Stakeholder Impact

• The stock purchases could have a slightly positive impact on shareholder sentiment.

Key Dates