Every Form 4 that Union Pacific Corp. (UNP) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow UNP and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full UNP filings page.
Union Pacific Corp director Doyle R. Simons reported an insider equity transaction involving phantom stock. On January 2, 2026, he acquired 361 phantom stock units, each tied on a 1:1 basis to Union Pacific common stock. These units have a conversion or exercise price of $0.0 and reference 361 shares of common stock at an indicated price of $231.91 per share. Following this award, Simons beneficially owns 3,015 phantom stock units in total. The phantom stock units are payable in cash only, commencing at retirement.
Union Pacific Corporation director reports new phantom stock grant. Director Michael R. McCarthy filed a Form 4 showing the acquisition of 957 phantom stock units on 01/02/2026. Each unit is tied 1:1 to Union Pacific common stock, giving economic exposure equivalent to 957 shares.
Following this transaction, McCarthy beneficially owns 71,097 derivative securities in the form of phantom stock units, held as a direct interest. The phantom stock units are payable in cash only, commencing at retirement, meaning he does not receive actual shares but a cash amount linked to the stock’s value.
Union Pacific Corporation director Jane H. Lute reported an equity-related transaction involving phantom stock units. On 01/02/2026, she acquired 412 Phantom Stock Units at a conversion ratio of 1:1 to Union Pacific common stock, as disclosed in Table II. These phantom units are described as payable in cash only commencing at retirement, meaning they track the value of the stock but settle in cash rather than shares.
Following this transaction, Lute beneficially owned 11,688 derivative securities in the form of phantom stock units, held in direct form. The filing clarifies that the phantom stock units reference Union Pacific common stock but do not themselves represent currently exercisable stock ownership.
Union Pacific Corporation director Deborah C. Hopkins reported a new equity-linked award. On 01/02/2026, she acquired 261 phantom stock units tied to Union Pacific common stock. Each unit has a 1:1 distribution ratio to common shares and is payable in cash only, commencing at retirement. The filing shows a reference price of $231.91 per underlying share and indicates that, following this transaction, Hopkins beneficially owns 12,530 derivative securities in the form of phantom stock units, held directly.
Union Pacific director Teresa M. Finley reported an acquisition of derivative securities linked to the company’s stock. On 01/02/2026, she acquired 206 phantom stock units, which are derivative securities that reference Union Pacific common stock on a 1:1 basis. Each phantom stock unit is tied to the value of one share of common stock.
The filing shows a price of $231.91 for the derivative security and indicates that, after this transaction, Finley beneficially owns 3,128 phantom stock units, held directly. These phantom stock units are payable in cash only, and payment commences at retirement rather than delivering actual shares.
Union Pacific Corporation director Sheri H. Edison reported a compensation-related transaction involving derivative securities tied to the company’s common stock. On 01/02/2026, Edison acquired 207 Phantom Stock Units at a price of $231.91 per unit. Each unit has a 1:1 distribution ratio to Union Pacific common stock but is payable in cash only commencing at retirement, rather than in actual shares.
Following this transaction, Edison beneficially owned 3,244 derivative securities, held in direct form. The transaction was reported on a Form 4 filed for a single reporting person, and the form was signed by Trevor L. Kingston as attorney-in-fact for Sheri H. Edison.
Union Pacific Corporation director David B. Dillon reported an acquisition of derivative securities linked to Union Pacific common stock. On 01/02/2026, he acquired 267 Phantom Stock Units at a conversion or exercise price of $0.0 per unit. Each Phantom Stock Unit represents a right tied to one share of common stock, based on a 1:1 distribution ratio.
The Phantom Stock Units are payable in cash only commencing at retirement, rather than in actual shares. Following this transaction, Dillon held 13,366 derivative securities beneficially owned in direct form, all related to Union Pacific common stock. The reported price of the derivative security in the table is $231.91.
Union Pacific Corporation executive stock purchase reported. Executive Vice President and Chief Legal Officer Christina B. Conlin acquired 7.326 shares of Union Pacific common stock on 12/10/2025 at a price of $235.46 per share. The transaction was made under the company’s 2021 Employee Stock Purchase Plan, indicating a routine, programmatic acquisition rather than an open-market trade. Following this purchase, Conlin directly beneficially owns 5,233.623 shares of Union Pacific common stock.
Union Pacific Corporation officer reports small stock purchase under employee plan
A Union Pacific Corporation vice president and controller, Carrie J. Powers, reported acquiring 6.477 shares of Union Pacific common stock on 12/10/2025. The shares were purchased at a price of $235.46 per share and were obtained pursuant to the company’s 2021 Employee Stock Purchase Plan.
Following this transaction, Powers beneficially owns 7,413.596 Union Pacific shares held directly and an additional 952.394 shares held indirectly through a managed account. The filing reflects a routine update of equity ownership by a company officer rather than a major change in holdings.
Union Pacific Corporation executive Kenyatta G. Rocker, EVP Marketing & Sales, reported a small purchase of company stock. On 12/10/2025, an indirect purchase of 3.045 shares of common stock at $235.46 per share was made, noted as a purchase pursuant to the 2021 Employee Stock Purchase Plan.
After this transaction, Rocker reports 1,284.9951 shares held indirectly by spouse, 52,157.1007 shares held directly, 350 shares held through a deferral account, and 2,034.4439 shares held in a managed account, reflecting total reported beneficial ownership across multiple accounts.
Union Pacific Corporation executive vice president and chief financial officer Jennifer L. Hamann reported a charitable stock gift in a Form 4 filing. On 12/04/2025, she donated 300 shares of Union Pacific common stock, recorded with a transaction code G (gift) at a price of $0.0 per share, reflecting that it was not a sale for value. After this transaction, she beneficially owned 108,841.8976 shares directly and 5,621.328 shares indirectly through a deferral account. The filing notes that the contribution was made to a non-affiliated entity, indicating it was an external charitable organization.
Union Pacific (UNP) Form 4: EVP Marketing & Sales Kenyatta G. Rocker reported an open market acquisition tied to the company plan on 11/10/2025. The filing shows an acquisition of 3.203 shares of common stock at $223.88, noted as “Purchase pursuant to the 2021 Employee Stock Purchase Plan.” The acquired shares are held indirectly by spouse, bringing that indirect position to 1,281.5992 shares.
Following the transaction, reported holdings include 52,157.1007 shares held directly, 350 shares held indirectly by a deferral account, and 2,035.4572 shares held indirectly by a managed account.
Union Pacific Corporation (UNP) executive Carrie J. Powers, VP & Controller, filed a Form 4 reporting an open market acquisition on 11/10/2025. She acquired 6.811 shares of common stock at a price of $223.88.
Following the transaction, Powers beneficially owns 7,407.119 shares directly and 952.868 shares indirectly through a managed account. The filing notes the purchase was made pursuant to the 2021 Employee Stock Purchase Plan.
Union Pacific (UNP): EVP Chief Legal Officer Christina B. Conlin reported a routine share purchase under the 2021 Employee Stock Purchase Plan. On 11/10/2025, she acquired 7.705 shares of common stock at $223.88 per share. Following this transaction, her directly held beneficial ownership stands at 5,226.297 shares.
Union Pacific (UNP): EVP Marketing & Sales Kenyatta G. Rocker reported a charitable gift of 23 shares of common stock (Transaction Code G) on 11/04/2025 at a stated price of $0.0. Following the transaction, the executive directly owns 52,157.1007 shares.
Reported indirect holdings include 350 shares by a Deferral Account, 2,035.2976 shares by a Managed Account, and 1,278.0453 shares by spouse. The filing notes the contribution was made to a non‑affiliated entity.