Form 4: Union Pacific VP & Controller Carrie J. Powers Increases Stake Through Employee Stock Purchase Plan

Carrie J. Powers, Union Pacific Corp.'s VP & Controller, acquired 6.435 shares of common stock at $237 per share on July 10, 2025, through the company's 2021 Employee Stock Purchase Plan.

Summary

• Carrie J. Powers, the Vice President and Controller of Union Pacific Corp. (UNP), reported an acquisition of common stock.
• On July 10, 2025, Ms. Powers acquired 6.435 shares of Union Pacific common stock.
• The acquisition price per share was $237.
• This purchase was made pursuant to the 2021 Employee Stock Purchase Plan.
• Following this transaction, Ms. Powers directly beneficially owns 7,379.595 shares of common stock.
• Additionally, Ms. Powers indirectly beneficially owns 947.202 shares through a managed account.

Sentiment

Score: 7

Explanation: The acquisition of shares by a key executive through an employee stock purchase plan generally indicates confidence in the company's future performance and aligns management's interests with shareholders.

Positives

• The acquisition of shares by a key executive, Carrie J. Powers, demonstrates confidence in Union Pacific's future performance.
• Participation in the 2021 Employee Stock Purchase Plan aligns management's financial interests with those of the company's shareholders.

Future Outlook

NA

Industry Context

This Form 4 filing is a routine disclosure of an insider transaction and does not provide specific insights into broader industry trends within the railroad sector or competitive landscape.

Stakeholder Impact

• Shareholders: The acquisition by a key executive can be viewed as a positive signal of management's belief in the company's value.
• Employees: The transaction highlights the existence and utilization of the 2021 Employee Stock Purchase Plan, which can be a benefit for eligible employees.

Key Dates

Keywords

Union Pacific Corp, UNP, Carrie J. Powers, Form 4, Insider Transaction, Stock Acquisition, Employee Stock Purchase Plan, Corporate Officer, Railroad Industry, Beneficial Ownership