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 CORP EVP & Chief Financial Officer Jennifer L. Hamann reported a small share acquisition under an employee plan. She acquired 8.786 shares of common stock at $264.65 per share pursuant to the 2021 Employee Stock Purchase Plan, bringing her direct holdings to 114,650.6516 shares. The filing also notes indirect ownership of 5,686.776 shares held through a deferral account, reflecting compensation and savings arrangements rather than open-market trading.
Union Pacific executive Eric J. Gehringer reported new stock awards. On May 10, 2026, he acquired 14.170 shares of Union Pacific common stock at $264.65 per share as a grant or award, bringing his direct holdings to 46,002.5046 shares.
The filing also shows 13,062.948 shares held indirectly through a deferral account. Footnotes indicate participation in a 2021 Employee Stock Purchase Plan and that certain units stem from restricted stock units convertible into common shares at a 1:1 ratio, payable in stock at termination or on a specified future date.
UNION PACIFIC CORP executive Christina B. Conlin reported a small share acquisition under an employee plan. On 2026-05-10, she acquired 7.198 shares of common stock at $264.65 per share, recorded as a grant or award acquisition. A footnote states this was a purchase pursuant to the 2021 Employee Stock Purchase Plan, indicating it was part of routine employee share accumulation rather than an open‑market trade. After this transaction, she directly holds a total of 16,000.132 shares of UNION PACIFIC CORP common stock.
Union Pacific Corp ownership filing: Vanguard Capital Management reports beneficial ownership of 44,823,799 shares of Common Stock, equal to 7.55% of the class as of 03/31/2026. The filing shows sole voting power for 6,267,895 shares and sole dispositive power for 44,823,799 shares. The disclosure notes holdings include securities held for Vanguard funds and managed accounts and attributes dispositive power to Vanguard Capital Management LLC and certain affiliates.
Pershing LLC filed a Form 144 reporting proposed sales of Common Stock of UNP. The notice lists 2,000 shares in aggregate, composed of 668 exercised shares (02/26/2024) and 1,332 restricted shares (02/07/2022). The cover shows $549,000.00 and an item 593,710,000 on the form; trading venue is listed as NYSE with a filing date note of 04/24/2026.
Union Pacific Corp EVP & Chief Financial Officer Jennifer L. Hamann reported an open-market sale of 2,000 shares of common stock at $274.70 per share. After this transaction, she directly holds 114,641.8656 shares and also reports 5,686.776 shares held indirectly through a deferral account.
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.
Union Pacific Corporation delivered higher profit in the first quarter of 2026 while advancing its planned acquisition of Norfolk Southern. Net income rose to $1.7 billion from $1.6 billion a year earlier, with diluted earnings per share increasing to $2.87 from $2.70.
Total operating revenues grew 3% to $6.2 billion, led by a 4% increase in freight revenues as core pricing, fuel surcharges, and a favorable mix offset a 1% decline in carloads. Operating expenses rose 3%, but strong productivity kept the operating ratio slightly better at 60.5%.
Cash from operations was $2.4 billion, funding $937 million of capital investments and $821 million of dividends, with no share repurchases as buybacks are paused during the pending Norfolk Southern transaction. Union Pacific expects to issue about 225 million shares and pay roughly $20 billion in cash at closing, subject to Surface Transportation Board approval and other conditions, with completion currently expected in 2027.
Union Pacific Corporation reported first quarter 2026 net income of $1.7 billion, or $2.87 diluted EPS, including $36 million of merger costs. Adjusted net income was $1.7 billion, or $2.93 adjusted diluted EPS, up from $1.6 billion and $2.70 a year earlier.
Operating revenue reached $6.2 billion, a 3% increase, with freight revenue of $5.9 billion up 4%. The reported operating ratio improved to 60.5%, and the adjusted operating ratio improved to 59.9%. Free cash flow rose to $631 million on cash from operations of $2.44 billion and $988 million of investing outflows.
The company highlighted record first-quarter operating revenue, operating income, net income and freight revenue, alongside better safety and efficiency metrics such as higher freight car velocity and lower fuel consumption rate. Management affirmed its 2026 outlook, targeting mid-single digit reported EPS growth, operating ratio improvement, a $3.3 billion capital plan, and consistent annual dividend increases while it advances regulatory approvals for its planned acquisition of Norfolk Southern.