Union Pacific Director Teresa Finley Receives Routine Phantom Stock Grant
UNION PACIFIC CORP
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Filing Summary
Form 4 Alert: UNION PACIFIC CORP ($UNP) Insider: Teresa Finley (Director) Type: Acquisition (Award/Grant - Code A) Security: Phantom Stock Amount: 179 units @ $272.42 (~$48,763.18) Post-Transaction Holdings: 3,679 units Significance: Low (Routine Director Compensation)
Comprehensive Analysis
Executive Summary
On October 1, 2026, Teresa Finley, a Director at Union Pacific Corp ($UNP), acquired 179 units of phantom stock at a reference price of $272.42 per share, representing an aggregate value of approximately $48,763.18. Following this award, Director Finley holds 3,679 phantom stock units.
Transaction Details
- Security: Phantom Stock
- Transaction Code: 'A' (Grant, award, or other acquisition pursuant to Rule 16b-3(d))
- Units Acquired: 179
- Stated Price: $272.42 per unit
- Gross Value: $48,763.18
- Terms: Phantom stock units convert on a 1:1 basis into cash commencing at retirement.
Market & Governance Context
This transaction reflects routine non-employee director compensation or quarterly retainer deferral under Union Pacific's deferred compensation plan. Because it represents a standard equity-linked grant payable in cash upon retirement rather than an open-market purchase or sale, the transaction carries low informational significance regarding near-term operational performance or insider sentiment.
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