Form 4: Union Pacific EVP Acquires Shares via ESPP

Union Pacific's EVP & Chief Information Officer, Rahul Jalali, acquired 10.539 shares of common stock through an employee stock purchase plan.

Summary

• Rahul Jalali, Executive Vice President and Chief Information Officer of Union Pacific Corp (UNP), acquired 10.539 shares of the company's common stock.
• The transaction took place on September 10, 2025, at a price of $215.19 per share.
• This acquisition was executed under the terms of the 2021 Employee Stock Purchase Plan.
• Following this purchase, Mr. Jalali's total beneficial ownership of Union Pacific common stock stands at 28,807.86 shares.

Sentiment

Score: 7

Explanation: A routine insider purchase through an employee stock plan is generally a neutral to slightly positive signal, indicating continued alignment of management interests with shareholders.

Positives

• Insider acquisition of shares, even through a routine plan, can signal management's confidence in the company's future performance.
• Participation in the Employee Stock Purchase Plan aligns executive financial interests with those of common shareholders.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This is a routine insider transaction report and does not provide information directly related to broader industry trends or competitive landscape.

Stakeholder Impact

• Shareholders may view this insider purchase as a minor positive signal of management's confidence in the company.

Key Dates

Keywords

Union Pacific, UNP, Rahul Jalali, Insider Transaction, Form 4, Employee Stock Purchase Plan, Common Stock