Eric J. Gehringer - 12 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
12 Feb 2026
Net transactions value
-$216,162
Form type
4
Filing time
12 Feb 2026, 18:18:12 UTC
Previous filing
11 Feb 2026
Next filing
11 Mar 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 12 Feb 2026 0001839176

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNP Common Stock Options Exercise $851,635 +5,271 +11% $161.57 52,021 12 Feb 2026 Direct
transaction UNP Common Stock Tax liability $851,767 -3,241 -6.2% $262.81 48,780 12 Feb 2026 Direct
transaction UNP Common Stock Tax liability $216,030 -822 -1.7% $262.81 47,958 12 Feb 2026 Direct
holding UNP Common Stock 12,989 12 Feb 2026 By Deferral Account 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) Options Exercise $0 -5,271 -100% $0.000000 0 12 Feb 2026 Common Stock 5,271 $161.57 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 This option became exercisable in three equal installments starting one year from the grant date.