Form 4: Union Pacific EVP Rahul Jalali Reports Stock Disposal
SEC Form 4 Filing
Rahul Jalali, EVP & Chief Information Officer of Union Pacific, reports disposing of 1,993 shares of common stock to cover tax obligations.
Summary
- On November 2, 2024, Rahul Jalali, EVP & Chief Information Officer of Union Pacific Corp, disposed of 1,993 shares of common stock.
- The transaction was executed at a price of $232.69 per share.
- Following the transaction, Jalali directly owns 23,729.588 shares of Union Pacific common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a stock disposal, likely for tax purposes, which is a common occurrence.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a disposal of shares by an executive, which could be for various reasons, including tax obligations or portfolio diversification.
Stakeholder Impact
- The disposal of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 11/02/2024 | Date of stock disposal transaction |
| 11/05/2024 | Date of signature on the Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.