Form 4: Union Pacific EVP Gehringer Reports Stock Transactions

Sentiment:

Insider Transaction Report


Union Pacific's EVP of Operations, Eric J. Gehringer, reported several transactions involving company common stock, including dispositions of vested units and a purchase through an employee plan.

Summary

  • EVP Operations Eric J. Gehringer reported multiple transactions involving Union Pacific Corp common stock.
  • On February 9, 2026, Gehringer disposed of 7,589 shares of common stock at a price of $0.0 per share.
  • Also on February 9, 2026, Gehringer disposed of 5,725 shares of common stock at a price of $0.0 per share, which represents the conversion of restricted stock units to fully vested stock units.
  • Concurrently on February 9, 2026, 5,725 shares of common stock were acquired into a deferral account, representing the conversion of restricted stock units to fully vested stock units.
  • On February 10, 2026, Gehringer acquired 13.394 shares of common stock at $261.32 per share through the 2021 Employee Stock Purchase Plan.
  • Following these transactions, Gehringer directly beneficially owns 46,750.3776 shares and indirectly owns 12,989.067 shares via a deferral account.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a routine set of insider transactions, primarily related to executive compensation vesting and an employee stock purchase, which are generally neutral to slightly positive signals.

Positives

  • Conversion of restricted stock units to fully vested stock units, increasing the executive's vested holdings.
  • Acquisition of 13.394 shares through the Employee Stock Purchase Plan at $261.32 per share, indicating participation in company equity programs.

Negatives

  • Disposition of 7,589 shares and 5,725 shares at $0.0, likely for tax withholding purposes upon RSU vesting, which reduces direct beneficial ownership.

Future Outlook

This filing does not contain forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that insider transaction filings like Form 4 provide transparency into executive holdings but do not typically reflect broader industry trends unless a pattern of significant, non-routine transactions emerges across multiple insiders.

Stakeholder Impact

  • Shareholders gain transparency into executive stock ownership and compensation-related transactions.

Key Dates

DateDescription
02/09/2026Date of disposition of 7,589 shares of common stock and 5,725 shares of common stock, and acquisition of 5,725 shares into a deferral account.
02/10/2026Date of acquisition of 13.394 shares of common stock through the Employee Stock Purchase Plan.
02/11/2026Signature date of the reporting person's attorney-in-fact.

Recommendation

hold

The reported transactions are standard for an executive's compensation structure, involving the vesting of restricted stock units and a small purchase through an employee stock plan. They do not provide new fundamental information to alter an investment thesis or warrant a strong buy/sell recommendation based solely on this filing.

Keywords

UNP, Union Pacific, Form 4, insider trading, stock transactions, executive compensation, Eric J. Gehringer, employee stock purchase plan

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