Eric J. Gehringer - 05 Feb 2026 Form 4 Insider Report for UNION PACIFIC CORP (UNP)

Signature
By: Trevor L. Kingston, Attorney-in-Fact For: Eric J. Gehringer
Issuer symbol
UNP
Transactions as of
05 Feb 2026
Net transactions value
$0
Form type
4
Filing time
06 Feb 2026, 16:47:19 UTC
Previous filing
11 Jul 2025
Next filing
11 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Gehringer Eric J EVP OPERATIONS 1400 DOUGLAS STREET, OMAHA By: Trevor L. Kingston, Attorney-in-Fact For: Eric J. Gehringer 06 Feb 2026 0001839176

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNP Common Stock Award $0 +15,512 +35% $0.000000 60,051 05 Feb 2026 Direct F1
holding UNP Common Stock 7,264 05 Feb 2026 By Deferral Account F2

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 +25,836 $0.000000 25,836 05 Feb 2026 Common Stock 25,836 $251.45 Direct F3
* 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 Represents conversion of restricted stock units to fully vested stock units with a distribution ratio of 1:1 - Payable only in shares of common stock at termination of employment or a date certain.
F3 This option becomes exercisable in three equal installments starting one year from the grant date.