Christina B. Conlin - 01 Apr 2025 Form 3 Insider Report for UNION PACIFIC CORP (UNP)

Role: SVP CHIEF LEGAL OFFICER & CORP
Signature: By: Trevor L. Kingston, Attorney-in-Fact For: Christina B. Conlin
Issuer symbol: UNP
Transactions as of: 01 Apr 2025
Net transactions value: $0
Form type: 3
Filing time: 10 Apr 2025, 20:01:26 UTC
Next filing: 11 Apr 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	UNP	Common Stock						5,161	01 Apr 2025	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	UNP	Non-Qualified Stock Option (right to buy)							01 Apr 2025	Common Stock	6,162	$243.51	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes unvested restricted stock units and unvested Long Term Plan performance units.
F2	This option becomes exercisable in three equal installments starting one year from the grant date.