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Union Pacific EVP buys 2.603 shares at $285.78

Union Pacific’s EVP of marketing and sales reported a small ESPP-related acquisition of company stock held indirectly through his spouse.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Union Pacific Corp (UNP) executive vice president of marketing and sales Kenyatta G. Rocker reported an acquisition of 2.603 shares of common stock on September 10, 2026, at $285.78 per share, acquired indirectly by his spouse pursuant to Union Pacific’s 2021 Employee Stock Purchase Plan.

After this transaction, reported holdings total 60,702.1447 shares held directly, plus indirect holdings of 1,311.435 shares by spouse, 350 shares in a deferral account, and 2,049.9627 shares in a managed account. No Rule 10b5-1 trading plan is reported.

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Insider Rocker Kenyatta G
Role EVP MARKETING & SALES
Type Security Shares Price Value
Grant/Award Common Stock F1 2.603 $285.78 $743.89
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock F2 -- -- --
Holdings After Transaction: Common Stock — 1,311.435 shares (Indirect, by Spouse); Common Stock — 60,702.1447 shares (Direct); Common Stock — 350 shares (Indirect, By Deferral Account); Common Stock — 2,049.9627 shares (Indirect, by Managed Account)
Footnotes (2)
  1. F1. Purchase pursuant to the 2021 Employee Stock Purchase Plan.
  2. F2. Includes holdings in Union Pacific's Payroll-based and Tax-reduction stock ownership plans and 401(k) plan.
Shares acquired 2.603 shares Common stock acquired on September 10, 2026, under the 2021 Employee Stock Purchase Plan
Purchase price $285.78 per share Price paid for 2.603 ESPP shares on September 10, 2026
Direct holdings after transaction 60,702.1447 shares Union Pacific common stock held directly by Kenyatta G. Rocker after the reported transaction
Indirect spouse holdings after transaction 1,311.435 shares Union Pacific common stock held indirectly by spouse after the ESPP purchase
Deferral account holdings 350 shares Union Pacific common stock held indirectly via deferral account
Managed account indirect holdings 2,049.9627 shares Union Pacific stock held indirectly in managed account including stock ownership and 401(k) plans
Employee Stock Purchase Plan financial
"Purchase pursuant to the 2021 Employee Stock Purchase Plan."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
indirect ownership financial
"shares are held as indirect ownership by Rocker’s spouse."
deferral account financial
"350 shares in a deferral account"
managed account financial
"2,049.9627 shares in a managed account"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did UNP’s EVP of Marketing & Sales report?

EVP of marketing and sales Kenyatta G. Rocker acquired 2.603 shares of Union Pacific common stock on September 10, 2026, at $285.78 per share, through an indirect holding by his spouse under the company’s 2021 Employee Stock Purchase Plan.

How many Union Pacific (UNP) shares does Kenyatta G. Rocker now hold directly?

After the reported transaction, Kenyatta G. Rocker holds 60,702.1447 shares of Union Pacific common stock in direct ownership, according to the Form 4 filing for September 10, 2026.

What indirect Union Pacific (UNP) holdings are reported for Kenyatta G. Rocker?

Indirectly, Rocker reports 1,311.435 shares held by his spouse (including the new 2.603 ESPP shares), 350 shares via a deferral account, and 2,049.9627 shares in a managed account that includes Union Pacific stock ownership plans and a 401(k) plan.

Was the UNP insider transaction made under a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 checkbox is not marked as affirming a plan, and the footnotes state only that the shares were acquired under the 2021 Employee Stock Purchase Plan, not under a Rule 10b5-1 trading plan.

What is the nature of the newly acquired Union Pacific (UNP) shares?

The newly acquired 2.603 shares of Union Pacific common stock were purchased at $285.78 per share under the company’s 2021 Employee Stock Purchase Plan and are held as indirect ownership by Rocker’s spouse.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Rocker Kenyatta G

(Last)(First)(Middle)
1400 DOUGLAS STREET

(Street)
OMAHA NEBRASKA 68179

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
UNION PACIFIC CORP [ UNP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP MARKETING & SALES
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock09/10/2026A(1)2.603A$285.781,311.435Iby Spouse
Common Stock60,702.1447D
Common Stock350IBy Deferral Account
Common Stock(2)2,049.9627Iby Managed Account
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Purchase pursuant to the 2021 Employee Stock Purchase Plan.
2. Includes holdings in Union Pacific's Payroll-based and Tax-reduction stock ownership plans and 401(k) plan.
By: Trevor L. Kingston, Attorney-in-Fact For: Kenyatta G. Rocker09/11/2026
** Signature of Reporting PersonDate
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 4 (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.
* Form 4: SEC 1474 (03-26)

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