4Filing Date: Apr 2, 2026

Union Pacific (UNP) 4: MCCARTHY MICHAEL R bought 917 shares of Phantom Stock at $2… (Apr 2, 2026)

Statement of Changes in Beneficial Ownership

View SEC Filing
ACC: 0000100885-26-000110
Total Value$222.9K
Trades1
Insiders1

Transaction Details

MCCARTHY MICHAEL R
Director·Direct
Grant · Acquire
Phantom StockDerivative
Shares+917
Price$243.12
Total Value$222.9K
Shares Owned After72.01K
Transaction DateApr 1, 2026
Footnotes ▸

Distribution ratio for Phantom Stock Units is 1:1. | Phantom Stock Units are payable in cash only commencing at retirement. | Phantom Stock Units are payable in cash only commencing at retirement.

Post-Transaction Holdings

MCCARTHY MICHAEL R · Director
SecuritySharesChange
Phantom Stock72.01K+917 (1.29%)
Original SEC Filing Textexpand_more
=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-04-01 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: UNION PACIFIC CORP (UNP) CIK: 0000100885 --- Reporting Owner --- Name: MCCARTHY MICHAEL R CIK: 0001008544 Role: Director --- Derivative Transactions --- [Transaction #1] Security: Phantom Stock Date: 2026-04-01 | Code: A (Grant or award) Shares: +917 | Price: $243.12 Shares Owned After: 72,014 | Ownership: D (Direct) Footnotes: [F1] Distribution ratio for Phantom Stock Units is 1:1. [F2] Phantom Stock Units are payable in cash only commencing at retirement. [F2] Phantom Stock Units are payable in cash only commencing at retirement. --- Footnotes (Complete Index) --- F1: Distribution ratio for Phantom Stock Units is 1:1. F2: Phantom Stock Units are payable in cash only commencing at retirement. --- Signature --- /s/ By: Trevor L. Kingston, Attorney-in-Fact For: Michael R. McCarthy (2026-04-02)

keid analysis is for reference only and does not constitute investment advice.