Union Pacific (UNP) director W. Anthony Will files Form 3 with zero holdings

Rhea-AI Filing Summary

Union Pacific Corporation director reports no share ownership. A Form 3 was filed for W. Anthony Will in connection with Union Pacific Corporation (ticker UNP), reflecting his status as a director of the company. The filing states that no Union Pacific securities, either direct or indirect, are beneficially owned, and there are no derivative securities reported.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Will W Anthony

(Last) (First) (Middle)

1400 DOUGLAS STREET

(Street)

OMAHA NE 68179

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
01/06/2026

3. Issuer Name and Ticker or Trading Symbol
UNION PACIFIC CORP [ UNP ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

No securities are beneficially owned.

	By: Trevor L. Kingston, Attorney-in-Fact For: W Anthony Will	01/07/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does the latest Union Pacific (UNP) Form 3 filing show for W. Anthony Will?

The Form 3 filing shows that director W. Anthony Will currently has no beneficial ownership of Union Pacific Corporation securities, including non-derivative and derivative securities.

What is W. Anthony Will’s relationship to Union Pacific (UNP)?

The filing identifies W. Anthony Will as a director of Union Pacific Corporation. He is not reported as an officer or a 10% owner in this filing.

Are any Union Pacific (UNP) shares or options reported as beneficially owned in this Form 3?

No. The Form 3 explicitly states in the Explanation of Responses that no securities are beneficially owned, and both the non-derivative and derivative tables contain no holdings.

Does this Union Pacific (UNP) Form 3 include any insider transactions?

No. The Form 3 is an initial beneficial ownership report and lists no transactions and no holdings of Union Pacific securities by the reporting person.

Who signed the Union Pacific (UNP) Form 3 on behalf of W. Anthony Will?

The filing is signed By: Trevor L. Kingston, Attorney-in-Fact for W. Anthony Will, indicating the form was executed under a power of attorney.