Form 4: Union Pacific Executive Elizabeth Whited Reports Share Transactions

Union Pacific's President, Elizabeth Whited, reported a transfer of shares to a family trust and the conversion of restricted stock units to fully vested stock units.

Summary

• Elizabeth Whited, President of Union Pacific, reported several transactions involving the company's common stock.
• On January 7, 2025, 5,935 shares were transferred to a family trust.
• Also on January 7, 2025, 5,935 shares were acquired by the trust.
• Additionally, 14,635.5147 shares were acquired through the conversion of restricted stock units to fully vested stock units.
• These vested stock units are payable only in shares of common stock at termination of employment or a date certain.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of stock transactions, which is neither positive nor negative in itself. It is a neutral event.

Future Outlook

The vested stock units will be payable in shares of common stock at termination of employment or a date certain.

Industry Context

This is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies.

Comparison to Industry Standards

• Executive stock transactions are a standard practice in publicly listed companies like Union Pacific.
• Similar transactions are regularly reported by executives at other major transportation companies such as CSX Corporation and Norfolk Southern.
• The conversion of restricted stock units to vested units is a common form of executive compensation across various industries, including transportation and logistics.

Related Party Transactions

• The transfer of shares to a family trust is a related party transaction.

Stakeholder Impact

• The transactions have a minimal direct impact on shareholders, employees, customers, suppliers, or creditors.
• The transactions are part of executive compensation and personal financial planning.

Key Dates

Keywords

Union Pacific, Elizabeth Whited, stock transaction, share transfer, restricted stock units, vested stock units, family trust, insider trading