Form 4: Union Pacific EVP Rahul Jalali Reports Stock Purchase Under Employee Plan

Rahul Jalali, EVP & Chief Information Officer of Union Pacific, reports the purchase of common stock through the 2021 Employee Stock Purchase Plan.

Summary

• On April 10, 2024, Rahul Jalali, EVP & Chief Information Officer of Union Pacific Corp, purchased 10.738 shares of common stock at a price of $236.85 per share.
• The purchase was made under the 2021 Employee Stock Purchase Plan.
• Following the transaction, Jalali directly owns 25,665.961 shares of Union Pacific common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects an executive's participation in an employee stock purchase plan, indicating confidence in the company.

Positives

• The purchase indicates Jalali's confidence in Union Pacific's future prospects.

Industry Context

Employee stock purchase plans are a common way for companies to incentivize and reward employees, aligning their interests with those of the shareholders.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it signals confidence from a high-ranking executive.

Key Dates