Christopher J. Williams - Jul 1, 2025 Form 4 Insider Report for UNION PACIFIC CORP (UNP)

Role
Director
Signature
By: Trevor L. Kingston, Attorney-in-Fact For: Christopher J. Williams
Stock symbol
UNP
Transactions as of
Jul 1, 2025
Transactions value $
$50,883
Form type
4
Date filed
7/2/2025, 03:09 PM
Previous filing
Jul 2, 2025
Next filing
Jul 31, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
WILLIAMS CHRISTOPHER J Director 1400 DOUGLAS STREET, OMAHA By: Trevor L. Kingston, Attorney-in-Fact For: Christopher J. Williams 2025-07-02 0001269949

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction UNP Phantom Stock Award $50.9K +216 +4.06% $235.57 5.54K Jul 1, 2025 Common Stock 216 $0.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Distribution ratio for Phantom Stock Units is 1:1.
F2 Phantom Stock Units are payable in cash only commencing at retirement.