4Filing Date: Jan 5, 2026
Union Pacific (UNP) 4: MCCARTHY MICHAEL R bought 957 shares of Phantom Stock at $2… (Jan 5, 2026)
Statement of Changes in Beneficial Ownership
View SEC Filing
ACC: 0000100885-26-000016
Total Value$221.9K
Trades1
Insiders1
Transaction Details
MCCARTHY MICHAEL R
Director·Direct
Grant · Acquire
Phantom StockDerivative
Shares+957
Price$231.91
Total Value$221.9K
Shares Owned After71.10K
Transaction DateJan 2, 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
| Security | Shares | Change |
|---|---|---|
| Phantom Stock | 71.10K | +957 (1.36%) |
Original SEC Filing Textexpand_more
=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-01-02
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: 2026-01-02 | Code: A (Grant or award)
Shares: +957 | Price: $231.91
Shares Owned After: 71,097 | 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 (2026-01-05)