UNION PACIFIC CORP — Director's Dealing 2026

Feb 12, 2026

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNION PACIFIC CORP (UNP)
CIK: 0000100885
Period of Report: 2026-02-12

Reporting Person: Hamann Jennifer L (EVP & CHIEF FINANCIAL OFFICER)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2026-02-12	Common Stock	M	4243	$124.86	Acquired	119542.0606	Direct
2026-02-12	Common Stock	F	2016	$262.81	Disposed	117526.0606	Direct
2026-02-12	Common Stock	F	902	$262.81	Disposed	116624.0606	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2026-02-12	Non-Qualified Stock Option (right to buy)	$124.86	M	4243	Disposed	2028-02-08	Common Stock (4243)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5654.613	Indirect

Footnotes

F1: This option became exercisable in three equal installments starting one year from the grant date.