[144] UNION PACIFIC CORP SEC Filing

Rhea-AI Filing Summary

Union Pacific affiliate filed a Form 144 reporting a proposed sale of 1,999 shares. The filing shows a sale date of 03/20/2026 and proceeds of $469,625.07. The notice lists several classes of issuer-issued performance shares and exercised shares with dates and quantities.

Insights

Equity Capital Markets Analyst

Routine affiliate resale notice showing a small individual disposition.

The filing reports a proposed sale of 1,999 shares on 03/20/2026 with reported proceeds of $469,625.07. This appears as a broker-handled resale notice under Form 144 rather than a company-initiated offering.

Cash-flow treatment is from the selling holder; timing and final execution details depend on market execution and broker procedures.

Corporate Governance Specialist

Form 144 signals an affiliate transaction, not a material corporate event.

The filing lists multiple issuer-issued award lots (performance shares and exercised shares) with dates and counts, including an exercised lot of 1,208 shares on 02/12/2026. These are cataloged as securities to be sold or previously exercised.

Such filings disclose planned affiliate sales; they do not itself change corporate governance or capital structure.

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Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	2991	789504.36	593713213	06/03/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	02/06/2020	Performance Shares	Issuer			837	02/06/2020	Not Applicable
Common	02/08/2021	Performance Shares	Issuer			341	02/08/2021	Not Applicable
Common	02/09/2023	Performance Shares	Issuer			605	02/09/2023	Not Applicable
Common	02/12/2026	Exercised Shares	Issuer			1208	02/12/2026	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
ERIC GEHRINGER 1400 Douglas Street Omaha NE 68179	Common	03/20/2026	1999	469625.07

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)