Form 4: Union Pacific Executive Todd M. Rynaski Reports Stock Transactions

Todd M. Rynaski, Chief Accounting, Risk & Compliance Officer of Union Pacific, reports stock purchase and conversion of restricted stock units.

Summary

• On October 10, 2024, Todd M. Rynaski, Chief Accounting, Risk & Compliance Officer of Union Pacific Corp, reported a purchase of 9.306 shares of common stock at a price of $238.82 per share through the 2021 Employee Stock Purchase Plan.
• Rynaski also reported the conversion of restricted stock units to fully vested stock units with a 1:1 distribution ratio.
• Following these transactions, Rynaski directly owns 8,930.3548 shares of common stock.
• Additionally, Rynaski indirectly owns 2,372.212 shares through a deferral account, 586 shares through a spouse, and 18,004 shares through a trust.

Sentiment

Score: 5

Explanation: Neutral sentiment as the filing reflects routine transactions related to employee compensation and stock ownership.

Positives

• The purchase of shares through the Employee Stock Purchase Plan indicates confidence in the company's future.

Future Outlook

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

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in company stock. These filings are closely watched by investors seeking insights into management's perspective on the company's valuation and future prospects.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect insider trading activity.

Key Dates