Welcome to our dedicated page for Union Pacific SEC filings (Ticker: UNP), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Union Pacific Corporation (UNP) SEC filings page on Stock Titan brings together the company’s regulatory disclosures from the U.S. Securities and Exchange Commission, including current reports on Form 8-K, annual reports on Form 10-K and other key documents. Union Pacific is a major freight railroad operating in 23 western U.S. states, and its filings provide detailed insight into its operations, governance, capital structure and strategic transactions.
Recent Form 8-K filings highlight Union Pacific’s Agreement and Plan of Merger with Norfolk Southern Corporation. These reports describe the planned two-step merger structure under which Norfolk Southern would become a wholly owned subsidiary of Union Pacific, subject to regulatory approvals and other conditions. Related 8-Ks cover the filing of a registration statement on Form S-4, the joint proxy statement/prospectus, special shareholder meetings, voting results on the issuance of Union Pacific shares, and the submission of a comprehensive application to the Surface Transportation Board to approve the proposed combination.
Other 8-Ks report on topics such as quarterly financial results, litigation related to the merger disclosures, and board changes, including the election of W. Anthony Will as a director and his committee assignments. These filings also include extensive cautionary language on forward-looking statements and cross-references to Union Pacific’s Form 10-K risk factors, giving investors context on regulatory, operational, financial and legal risks.
On Stock Titan, investors can use AI-powered summaries to quickly understand the substance of lengthy Union Pacific filings, from merger agreements and supplemental disclosures to earnings-related 8-Ks. Real-time updates from EDGAR ensure that new documents, including future 10-K and 10-Q reports and any Form 4 insider transaction filings, are surfaced promptly. This helps users navigate complex material, identify key terms and conditions in the Norfolk Southern transaction, and track how Union Pacific describes its performance, governance and risk profile over time.
Union Pacific executive Kenyatta G. Rocker reported new equity awards and share holdings. On February 5, 2026, the EVP of Marketing & Sales received 15,512 performance retention units in common stock at $0 per share. These units pay out on a 1:1 share basis after a three-year vesting period, with the final number of shares dependent on performance criteria.
Rocker also received a non-qualified stock option for 25,836 shares with a $251.45 exercise price, vesting in three equal installments starting one year from the grant date and expiring on February 5, 2036. Following the grants, he directly held 67,669.1007 common shares, with additional indirect holdings including 1,315.0245 shares held by his spouse and shares in company stock and retirement plans.
Union Pacific VP & Controller Carrie J. Powers reported new equity awards dated February 5, 2026. She acquired 1,672 shares of common stock at $0.0 under a performance retention unit award that vests over three years and pays out only if performance goals are met.
She was also granted a non-qualified stock option for 2,784 shares with a $251.45 exercise price, becoming exercisable in three equal annual installments starting one year after the grant and expiring on February 5, 2036. After these transactions, she directly held 9,092.272 shares of common stock and 2,784 options, plus 958.251 shares held indirectly in a managed account.
Union Pacific executive Rahul Jalali reported new equity awards tied to his role as EVP & Chief Information Office. On February 5, 2026, he received a performance retention unit award reported as 9,546 shares of common stock at $0.0 per share. This represents the maximum number of shares he may earn, with payout in stock after a three-year vesting period, depending on performance goals.
On the same date, Jalali was also granted a non-qualified stock option for 15,900 shares of Union Pacific common stock at an exercise price of $251.45 per share, vesting in three equal installments starting one year from the grant date and expiring on February 5, 2036. Following these awards, he directly owns 38,354.002 shares of common stock and 15,900 stock options.
Union Pacific Corporation’s EVP & Chief Financial Officer Jennifer L. Hamann reported new equity awards dated 02/05/2026. She received 17,898 shares of common stock at $0.0, representing a performance retention unit award payable only in stock, with a three-year vesting period and payout based on performance criteria.
She was also granted a non-qualified stock option for 29,811 shares at an exercise price of $251.45, becoming exercisable in three equal installments starting one year from the grant date and expiring on 02/05/2036. After these transactions, she directly owns 126,739.8976 common shares and indirectly holds 5,654.613 shares through a deferral account, plus the new option grant.
Union Pacific EVP Operations Eric J. Gehringer reported new equity awards. On February 5, 2026, he acquired 15,512 shares of Union Pacific common stock at $0.00 per share, bringing his directly held common stock to 60,050.9836 shares, with another 7,264.067 shares held indirectly in a deferral account.
He was also granted a non-qualified stock option for 25,836 shares of common stock at an exercise price of $251.45 per share. This option becomes exercisable in three equal installments starting one year from the grant date and expires on February 5, 2036. Some of the stock-related awards are tied to performance and vesting conditions, and may pay out only if specified performance criteria are met.
Union Pacific Corporation executive Christina B. Conlin reported new equity awards. On 02/05/2026, she was granted 10,738 shares of common stock at $0.0 per share, bringing her directly held common stock to 15,971.834 shares.
She also received a non-qualified stock option for 17,886 shares with a $251.45 exercise price, expiring on 02/05/2036. The option vests in three equal annual installments starting one year from the grant date. The common stock award is structured as a performance retention unit grant with a 1:1 share payout ratio, subject to a three-year vesting period and performance criteria.
Union Pacific Corporation reports record 2025 performance while pursuing a transformative merger with Norfolk Southern. Earnings per share rose 8% versus 2024, supported by a 1% increase in total volume and an operating ratio of 59.8%, reflecting a more efficient railroad.
Freight revenues reached $23.2 billion, with Bulk contributing 33%, Industrial 37%, and Premium 30%. The company improved safety to its best levels ever, with a 2025 personal injury rate of 0.68 and derailment incident rate of 1.75, and invested $3.5 billion in capital to strengthen infrastructure, modernize locomotives, expand intermodal capacity, and deploy new technology. Union Pacific highlights climate, cybersecurity, labor, regulatory, and macroeconomic risks, and details significant execution and regulatory risks around the proposed Norfolk Southern acquisition, including potential termination fees, added leverage, and integration complexity.
Union Pacific Corporation executive Kenyatta G. Rocker reported a small insider transaction involving company stock. On 02/03/2026, 15 shares of Union Pacific common stock held indirectly through a spouse were disposed of at a price of
After this transaction, the filing shows 1,275.0245 Union Pacific shares held indirectly by spouse, 52,157.1007 shares held directly, 350 shares held indirectly through a deferral account, and 2,036.7649 shares held indirectly through a managed account. A footnote explains that these figures include holdings in Union Pacific’s payroll-based and tax-reduction stock ownership plans and 401(k) plan.
Union Pacific Corporation filed a current report stating that it has released its financial results for the quarter and full year ended December 31, 2025. The company issued a press release on January 27, 2026, and attached it as Exhibit 99.1. This report is mainly a formal notice that the earnings information has been made public and furnished to investors through the exhibit.
The filing itself does not summarize the revenue, profit, or other performance metrics, but directs readers to the accompanying press release for detailed results. The report is signed by the Executive Vice President and Chief Financial Officer, confirming it as an official communication of the company’s operating and financial condition for that period.
Union Pacific Corporation executive Christina B. Conlin, EVP Chief Legal Officer & Corp, reported a small purchase of company common stock through an employee program. On January 10, 2026, she acquired 0.211 shares of Union Pacific common stock at a price of $228.44 per share. The filing notes this was a purchase pursuant to the 2021 Employee Stock Purchase Plan, indicating it was made under a company-sponsored plan rather than an open-market trade. Following this transaction, Conlin beneficially owned a total of 5,233.834 shares of Union Pacific common stock in direct ownership.