Elizabeth F. Whited - 27 Feb 2023 Form 4 Insider Report for UNION PACIFIC CORP (UNP)

Role: EVP SUSTAINABILITY & STRATEGY
Signature: By: Trevor L. Kingston, Attorney-in-Fact For: Elizabeth F. Whited
Issuer symbol: UNP
Transactions as of: 27 Feb 2023
Net transactions value: -$532,500
Form type: 4
Filing time: 01 Mar 2023, 15:55:58 UTC
Previous filing: 13 Feb 2023
Next filing: 14 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	UNP	Common Stock	Sale	$532,500	-2,500	-6%	$213.00	39,080	27 Feb 2023	Direct	F1
holding	UNP	Common Stock						14,263	27 Feb 2023	By Deferral Account	F2
holding	UNP	Common Stock						31,149	27 Feb 2023	by Trust

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 25, 2023.
F2	Represents conversion of restricted stock units to fully vested stock units with a distribution ratio of 1:1 - Payable only in shares of common stock at termination of employment or a date certain.