Form 4: UNP EVP Acquires Shares via Employee Stock Plan

Union Pacific's EVP & Chief Information Officer, Rahul Jalali, acquired 10.206 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 shares of the company's common stock.
• The transaction occurred on August 10, 2025, with the acquisition of 10.206 shares.
• The shares were purchased at a price of $222.24 per share.
• This acquisition was made pursuant to the 2021 Employee Stock Purchase Plan.
• Following this transaction, Rahul Jalali directly beneficially owns 28,797.321 shares of Union Pacific common stock.

Sentiment

Score: 6

Explanation: The sentiment is mildly positive due to an executive's acquisition of company stock, indicating confidence. However, the small volume and nature as an employee stock purchase plan limit the overall impact on sentiment.

Positives

• An executive's purchase of company stock, even through an employee plan, can signal confidence in the company's future prospects.
• Participation in the Employee Stock Purchase Plan aligns management's interests with those of shareholders.

Future Outlook

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

Industry Context

This filing is a routine insider transaction report and does not provide broader industry context or trends. It reflects an individual executive's participation in an employee stock purchase plan within the railroad industry.

Stakeholder Impact

• Shareholders may view this as a minor positive signal of management's alignment with shareholder interests.

Key Dates

Keywords

Union Pacific, UNP, insider transaction, stock purchase, Form 4, Rahul Jalali, employee stock purchase plan