Union Pacific EVP & Chief Legal Officer Acquires Shares via ESPP
UNION PACIFIC CORP
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Filing Summary
# Insider Trade: Union Pacific Corp ($UNP)
**Reporting Owner:** Christina B. Conlin (EVP Chief Legal Officer & Corp)
**Filing Date:** 2026-10-20 | **Transaction Date:** 2026-10-10
### Transaction Summary
- **Action:** Acquisition (Purchase)
- **Shares:** 2.281
- **Price:** $278.34
- **Total Value:** $634.89
- **Post-Transaction Holdings:** 16,016.155 shares (Direct)
- **Transaction Code:** A (Purchase pursuant to the 2021 Employee Stock Purchase Plan)
*Significance: Low (Routine ESPP acquisition)*
Comprehensive Analysis
Transaction Overview
On October 10, 2026, Christina B. Conlin, Executive Vice President, Chief Legal Officer & Corporate Secretary of Union Pacific Corp ($UNP), acquired 2.281 shares of Common Stock at an execution price of $278.34 per share, totaling approximately $634.89. The filing was submitted to the SEC on October 20, 2026.
Transaction Nature and Plan Context
According to Footnote (1), this transaction represents an automatic share purchase made pursuant to Union Pacific's 2021 Employee Stock Purchase Plan (ESPP). Transactions conducted via company-sponsored employee purchase plans are routine, non-discretionary acquisitions funded through regular payroll deductions.
Holdings and Market Significance
- Pre-Transaction Holdings: ~16,013.874 shares
- Transaction Size: 2.281 shares (~$634.89)
- Post-Transaction Holdings: 16,016.155 shares held directly
Because of the nominal transaction value and its nature as an automatic ESPP purchase, this transaction has Low trading significance and provides negligible informational signal regarding insider sentiment on company valuation.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.