Eric J. Gehringer - 10 Mar 2026 Form 4 Insider Report for UNION PACIFIC CORP (UNP)

Role: EVP OPERATIONS
Signature: By: Trevor L. Kingston, Attorney-in-Fact For: Eric J. Gehringer
Issuer symbol: UNP
Transactions as of: 10 Mar 2026
Net transactions value: $0
Form type: 4
Filing time: 11 Mar 2026, 15:07:58 UTC
Previous filing: 12 Feb 2026
SEC: View on sec.gov

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	11 Mar 2026	0001839176

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	UNP	Common Stock	Award		+14	+0.03%	$250.21^*	47,972	10 Mar 2026	Direct	F1
holding	UNP	Common Stock						12,989	10 Mar 2026	By Deferral Account	F2

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

Explanation of Responses:

Id	Content
F1	Purchase pursuant to the 2021 Employee Stock Purchase Plan.
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.