Form 4: Union Pacific Executive Gehringer Reports Stock Transactions

Eric J. Gehringer, EVP Operations at Union Pacific, reports acquisition and disposal of company stock and stock options.

Summary

• Eric J. Gehringer, an Executive Vice President at Union Pacific Corp, filed a Form 4 detailing changes in beneficial ownership.
• The transactions occurred on February 6, 2025.
• Gehringer disposed of 4,052 shares of common stock and 3,316 shares of common stock due to conversion of restricted stock units.
• He acquired 13,552 shares of common stock through a performance retention unit award.
• He also acquired 22,587 non-qualified stock options with an exercise price of $243.51, exercisable in installments starting February 6, 2026, and expiring on February 6, 2035.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing, so the sentiment is neutral. It simply reports transactions.

Future Outlook

The performance retention unit award is payable only in shares of common stock with a three-year vesting period, and the actual number of shares paid out depends on applicable performance criteria being met.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The transactions may provide insights to shareholders regarding management's view of the company's stock value.
• The vesting of performance retention units is tied to performance criteria, potentially aligning management's interests with those of shareholders.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Options, Stock Transactions, Union Pacific, UNP, Gehringer, Executive Compensation