Christina B. Conlin - 05 Feb 2026 Form 4 Insider Report for UNION PACIFIC CORP (UNP)

Signature
By: Trevor L. Kingston, Attorney-in-Fact For: Christina B. Conlin
Issuer symbol
UNP
Transactions as of
05 Feb 2026
Net transactions value
$0
Form type
4
Filing time
06 Feb 2026, 16:47:10 UTC
Previous filing
12 Jan 2026
Next filing
10 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Conlin Christina B EVP CHIEF LEGAL OFFICER & CORP 1400 DOUGLAS STREET, OMAHA By: Trevor L. Kingston, Attorney-in-Fact For: Christina B. Conlin 06 Feb 2026 0002064382

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNP Common Stock Award $0 +10,738 +205% $0.000000 15,972 05 Feb 2026 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
transaction UNP Non-Qualified Stock Option (right to buy) Award $0 +17,886 $0.000000 17,886 05 Feb 2026 Common Stock 17,886 $251.45 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Performance retention unit award with a distribution ratio of 1:1. This award is payable only in shares of common stock with a three year vesting period from the grant date. The amount of shares in column 4 is the maximum number of shares that the reporting person is eligible to receive. The actual number of shares paid out at vesting, if any, depends on applicable performance criteria being met.
F2 This option becomes exercisable in three equal installments starting one year from the grant date.