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

Kenyatta G. Rocker, EVP of Marketing & Sales at Union Pacific, reports purchases of common stock through the 2021 Employee Stock Purchase Plan.

Summary

• Kenyatta G. Rocker, an EVP at Union Pacific, reported transactions involving Union Pacific common stock on March 10, 2024.
• These transactions include purchases of common stock through the 2021 Employee Stock Purchase Plan at a price of $250.96 per share.
• Mr. Rocker directly acquired 11.739 shares and indirectly acquired 3.112 shares through his spouse at the same price.
• Following these transactions, Mr. Rocker directly owns 46,518.2747 shares of Union Pacific common stock.
• He also indirectly owns shares through his spouse (350 shares), a deferral account, and a managed account (1,998.2265 shares).

Sentiment

Score: 5

Explanation: The sentiment is neutral as it is a standard disclosure of stock transactions.

Positives

• The reporting person increased their holdings in the company.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common practice and required by the SEC to ensure transparency and prevent insider trading.

Stakeholder Impact

• The stock purchases by a company executive could be viewed positively by shareholders as it signals confidence in the company's future.

Key Dates