DAVID B. DILLON - 02 Jan 2026 Form 4 Insider Report for UNION PACIFIC CORP (UNP)

Role
Director
Signature
By: Trevor L. Kingston, Attorney-in-Fact For: David B. Dillon
Issuer symbol
UNP
Transactions as of
02 Jan 2026
Net transactions value
+$61,920
Form type
4
Filing time
05 Jan 2026, 19:26:34 UTC
Previous filing
02 Oct 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
DILLON DAVID B Director 1400 DOUGLAS STREET, OMAHA By: Trevor L. Kingston, Attorney-in-Fact For: David B. Dillon 05 Jan 2026 0001186725

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
transaction UNP Phantom Stock Award $61,920 +267 +2% $231.91 13,366 02 Jan 2026 Common Stock 267 $0.000000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Distribution ratio for Phantom Stock Units is 1:1.
F2 Phantom Stock Units are payable in cash only commencing at retirement.