Form 4: Union Pacific Executive Kenyatta G. Rocker Reports Share Disposals

Sentiment:

SEC Form 4 Filing


Union Pacific's EVP of Marketing & Sales, Kenyatta G. Rocker, reported a charitable donation of 86 shares and holdings in various company stock plans.

Summary

  • Kenyatta G. Rocker, an Executive Vice President at Union Pacific, filed a Form 4 disclosing changes in his beneficial ownership of company stock.
  • The filing indicates a disposal of 86 shares of common stock through a charitable contribution.
  • The transaction was executed on December 12, 2024, at a price of $0.00 per share.
  • Following the transaction, Rocker directly owns 46,496.6837 shares of Union Pacific common stock.
  • Rocker also holds shares indirectly through a deferral account, a managed account, and spousal holdings.
  • The indirect holdings include 350 shares through a deferral account, 2,012.7502 shares through a managed account, and 1,208.2826 shares held by a spouse.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing and does not indicate any positive or negative sentiment. It is a neutral disclosure of a stock transaction.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common practice in publicly traded companies. It provides transparency into the ownership changes of key personnel.

Comparison to Industry Standards

  • Form 4 filings are standard practice for executives of publicly traded companies like Union Pacific, similar to filings made by executives at other major transportation companies such as CSX Corporation and Norfolk Southern.
  • The reporting of charitable contributions and holdings in various stock plans is also typical for executive disclosures.
  • The level of detail provided in this filing is consistent with SEC requirements for insider trading disclosures.

Stakeholder Impact

  • The transaction has a minimal impact on shareholders as it is a small disposal of shares by an executive.
  • The disclosure provides transparency to stakeholders regarding executive stock ownership.

Key Dates

DateDescription
12/12/2024Date of the reported stock transaction.
12/13/2024Date the Form 4 was signed.

Keywords

Union Pacific, stock ownership, Form 4, beneficial ownership, Kenyatta G. Rocker, charitable contribution, executive compensation, insider trading

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