https://www.barrons.com/articles/union-pacific-ceo-jim-vena-bought-stock-6b0e05b6?mod=hp_LATEST . JV bought large block of UP stock.
4 replies (most recent on top)
Did he get 40% match?
I think the unified personnel are going to help him with that stock to make it worth no more than what he paid for it, match or not.
Why wouldn't he. He knows he'll make 30-40-50% interest in short term as he controls the keys to the palace and will cut, cut, cut his was to future riches. He is like the person who takes the entire bowl of candy when someone leaves a bowl on porch at Halloween and says take one. He empties it and runs off...in his nice shoes. He has backwards math. Fire the ppl who do the work and pi-s everyone off....then keep the execs who do nothing and worth as much
Sounds like a desperate ploy to create artificial excitement in the stock.
That's not surprising at all. After peak season or when the stocks start falling, he can sell those shares at an inflated price and run off to Canada to hide. The stock price isn't going anywhere if no one is buying it. Him buying the shares will boost the price even further, and attract more outside investment. I've seen this tactic before!