Union Pacific (NYSE: UNP) EVP exercises options and sells 27,387 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
UNION PACIFIC CORP EVP Marketing & Sales Kenyatta G. Rocker exercised stock options and sold shares in coordinated transactions. On April 24, 2026, he exercised options to acquire a total of 27,387 shares of common stock at strike prices of $161.57 and $186.11 per share, then sold the same total number of shares in open-market sales at $271.76 per share.
After these transactions, he held 61,101.9337 shares of Union Pacific common stock directly. He also had indirect holdings of 1,295.8212 shares by spouse, 2,043.9588 shares by a managed account, and 350 shares by a deferral account. Footnotes state that holdings include Union Pacific payroll-based, tax-reduction stock ownership plans and the 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 27,387 shares ($7,442,691)
Net Sell
9 txns
Insider
Rocker Kenyatta G
Role
EVP MARKETING & SALES
Sold
27,387 shs ($7.44M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Qualified Stock Option (right to buy) | 11,856 | $0.00 | -- |
| Exercise | Non-Qualified Stock Option (right to buy) | 15,531 | $0.00 | -- |
| Exercise | Common Stock | 15,531 | $186.11 | $2.89M |
| Sale | Common Stock | 15,531 | $271.76 | $4.22M |
| Exercise | Common Stock | 11,856 | $161.57 | $1.92M |
| Sale | Common Stock | 11,856 | $271.76 | $3.22M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Non-Qualified Stock Option (right to buy) — 0 shares (Direct, null);
Common Stock — 76,632.934 shares (Direct, null);
Common Stock — 350 shares (Indirect, By Deferral Account)
Footnotes (1)
- Includes holdings in Union Pacific's Payroll-based and Tax-reduction stock ownership plans and 401(k) plan. This option became exercisable in three equal installments starting one year from the grant date.
Key Figures
Shares sold (lot 1): 11,856 shares at $271.76
Shares sold (lot 2): 15,531 shares at $271.76
Options exercised (strike 1): 11,856 shares at $161.57
+5 more
8 metrics
Shares sold (lot 1)
11,856 shares at $271.76
Open-market sale of common stock on April 24, 2026
Shares sold (lot 2)
15,531 shares at $271.76
Open-market sale of common stock on April 24, 2026
Options exercised (strike 1)
11,856 shares at $161.57
Non-derivative entry reflecting derivative exercise
Options exercised (strike 2)
15,531 shares at $186.11
Non-derivative entry reflecting derivative exercise
Direct holdings after transactions
61,101.9337 shares
Common stock held directly following April 24, 2026 trades
Indirect holdings by spouse
1,295.8212 shares
Common stock held indirectly by spouse
Indirect holdings by managed account
2,043.9588 shares
Common stock held indirectly by managed account
Indirect holdings by deferral account
350 shares
Common stock held indirectly by deferral account
Key Terms
Non-Qualified Stock Option (right to buy), open-market sale, derivative exercise/conversion, Payroll-based and Tax-reduction stock ownership plans, +1 more
5 terms
Non-Qualified Stock Option (right to buy) financial
"security_title: "Non-Qualified Stock Option (right to buy)""
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion""
Payroll-based and Tax-reduction stock ownership plans financial
"Includes holdings in Union Pacific's Payroll-based and Tax-reduction stock ownership plans"
401(k) plan financial
"Includes holdings in Union Pacific's ... 401(k) plan."
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
FAQ
What insider transactions did UNP executive Kenyatta G. Rocker report on April 24, 2026?
Kenyatta G. Rocker reported exercising options for 27,387 Union Pacific shares and selling the same number in open-market trades at $271.76 per share. These transactions converted stock options into cash while maintaining a substantial remaining stock position.
What types of holdings are disclosed for Kenyatta G. Rocker in this Union Pacific Form 4?
The filing shows direct common stock ownership plus indirect holdings by spouse, a managed account, and a deferral account. Footnotes add that positions include Union Pacific payroll-based and tax-reduction stock ownership plans and the company’s 401(k) plan.