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.
Union Pacific Corp. filings document the regulatory record of a New York Stock Exchange-listed freight railroad with common stock trading under UNP. The company’s 8-K reports cover quarterly and annual operating results, material events, material agreements, capital-structure matters, governance changes and shareholder voting matters.
Proxy materials describe board elections, committee service, executive compensation, shareholder proposals and other annual-meeting governance items. Registration and transaction-related disclosures address common-stock issuance, risk factors and voting mechanics, while other filings record board appointments and formal updates to the company’s corporate and financial reporting obligations.
Union Pacific Corporation executive Christina B. Conlin, EVP Chief Legal Officer & Corporate, acquired additional company stock through an employee plan. On February 10, 2026, she purchased 6.601 shares of common stock at $261.32 per share under the 2021 Employee Stock Purchase Plan.
Following this transaction, she beneficially owns 15,978.435 shares of Union Pacific common stock, held in direct ownership. The filing reflects a routine employee stock purchase rather than a sale, indicating an incremental increase in her direct equity stake.
Union Pacific Corporation’s chief executive officer and director Vincenzo J. Vena reported acquiring 28.701 shares of common stock on 02/10/2026 at a price of $261.32 per share. The purchase was made pursuant to the company’s 2021 Employee Stock Purchase Plan and brought his directly held stake to 220,652.96 shares.
Union Pacific Corporation reported new equity awards for CEO and director Vincenzo J. Vena. On February 5, 2026, he acquired 83,516 shares of common stock from a performance retention unit award, representing the maximum shares he may earn based on three-year performance goals.
He was also granted a non-qualified stock option for 139,107 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. Following these transactions, he directly holds 220,624.259 shares of common stock and 139,107 options.
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.