Insider trade

Officer sold ~$470K of UNP shares in the open market

Traded Mar 20, 2026 · Filed Apr 2, 2026

~$470K
Reported value · 1,999 sh @ $234.93: 46K
Holds after · shares reported: +16.0%
stock since the trade · S&P 500 +17.8%, $234.92 → $272.42 on Oct 1

Why it stands out

Union Pacific Corporation's OPERATIONS sold $470K of Union Pacific Corporation shares. It was planned long ago, so it says very little.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Mar 20, 2026
Reporting period: Not applicable
Filed with the SEC: Apr 2, 2026

Officer$100K–$500KPre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$469,625

Shares × reported transaction price

Timing vs results

52 days after results of Jan 27, 2026, 34 days before results of Apr 23, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $234.92 on Mar 20, 2026, 13% above its 52-week low and 12% below its high, after a 7% drop over the previous 30 trading days

52-week range $208.27 (Apr 8, 2025) to $266.97 (Mar 2, 2026), 45% of the way up, from 251 adjusted closes. 30 trading days earlier: $251.45 on Feb 5, 2026. Describes the past only, not a forecast

Planned / mechanical clue

Footnote references a pre-arranged trading plan (Rule 10b5-1)

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	+2.4%	+4.1%	-1.8%
30 days	+9.2%	+11.4%	-2.1%
90 days	+15.1%	+14.0%	+1.1%

Past results only. Not a forecast.

Source receipt

Record ID: 0000100885-26-000122
Filed / recorded: Apr 2, 2026, 10:19 PM UTC
Added to OQRO: Oct 2, 2026, 12:28 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: UNION PACIFIC CORP
Issuer CIK: 100885
Ticker: UNP
Reporting person: Eric J Gehringer
Relationship: Officer
Officer title: EVP OPERATIONS
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Mar 20, 2026
Transaction code: S
Shares / units: 1,999
Price per share: $234.93
Acquired / disposed: Disposed (D)
Shares owned after: 45,973.3656
Ownership form: Direct
Amendment: No

Footnotes from the filing

This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 19, 2025.

Around the same time

CFO sold5mo ago

~$549KReported value · 2,000 sh @ $274.70

117K → 115K shares held−2% of their stake

The money chief of Union Pacific Corporation sold $549K of Union Pacific Corporation shares. Nobody planned it ahead of time.

Why it stands out Official record

5mo ago

16KShares · @ $186.11

Derivative exercise or conversion — not an open-market buy.

Why it stands out Official record

Officer sold5mo ago

~$4.22MReported value · 16K sh @ $271.76

77K → 61K shares held−20% of their stake

Union Pacific Corporation's MARKETING & SALES sold $4.22M of Union Pacific Corporation shares. Nobody planned it ahead of time.

Why it stands out Official record

Why it stands out

Dates, kept separate

Context

After it was reported

Source receipt

Footnotes from the filing

Around the same time

~$549KReported value · 2,000 sh @ $274.70

16KShares · @ $186.11

~$4.22MReported value · 16K sh @ $271.76

Most active this month