Form 4: Union Pacific Executive Plans Share Disposition

Union Pacific's EVP of Marketing & Sales, Kenyatta G. Rocker, reported a planned disposition of 15 common shares at $241.49 per share for February 3, 2026.

Summary

• Kenyatta G. Rocker, EVP Marketing & Sales at Union Pacific Corp (UNP), reported a planned transaction.
• The transaction, scheduled for February 3, 2026, involves the disposition of 15 shares of Common Stock.
• The shares are to be disposed of at a price of $241.49 per share.
• This disposition is identified by transaction code "F," indicating it is likely related to the payment of tax liability or exercise price upon the vesting of equity awards.
• Following this planned transaction, Rocker's beneficial ownership will include 52,157.1007 shares held directly, and indirectly 1,275.0245 shares by spouse, 350 shares by deferral account, and 2,036.7649 shares by managed account.
• The reported holdings encompass shares within Union Pacific's Payroll-based, Tax-reduction stock ownership plans, and 401(k) plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The planned disposition of a small number of shares by an executive, likely for tax purposes, is a routine occurrence and does not typically signal a significant change in company outlook or insider sentiment.

Future Outlook

This filing does not contain forward-looking statements or guidance regarding the company's future performance, focusing solely on a planned insider transaction.

Industry Context

StockSavvy.ai notes that Form 4 filings provide transparency into insider activity. A future-dated disposition, especially with transaction code "F," is commonly part of a pre-arranged plan to cover tax obligations upon equity award vesting. Such routine transactions are generally not indicative of a change in management's sentiment or the company's operational outlook.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, small-scale insider transaction for tax purposes, not indicative of a change in company fundamentals or executive confidence.

Key Dates

Recommendation

This Form 4 filing reports a routine, small disposition of shares by an executive, likely for tax withholding purposes. Such transactions are common and typically do not reflect a change in the company's fundamental outlook or the executive's long-term confidence. Therefore, it provides no new information to warrant a change in investment recommendation, suggesting a 'hold' position is appropriate based solely on this filing.

Keywords

Union Pacific, UNP, Kenyatta G. Rocker, Insider Transaction, Form 4, Stock Disposition, Executive Compensation, Beneficial Ownership