Rocker Kenyatta G 4

What Happened

• Kenyatta G. Rocker, EVP Marketing & Sales at Union Pacific (UNP), had several share movements around Feb 9–10, 2026. The largest actions were share dispositions to cover tax or exercise obligations: 1,546 shares were withheld at $254.34 for $393,210 and 30 shares withheld at $254.34 for $7,630. Separately, 5,059 shares were dispositioned to the issuer at $0.00 (reported as disposed = $0). On Feb 10, Rocker received small grants/awards: 11.672 shares at $261.32 ($3,050) and 2.743 shares at $261.32 ($717).
• Overall this looks like tax-withholding/settlement activity (shares surrendered to satisfy tax or exercise obligations) plus receipt of relatively small award-share amounts — not an open-market sale or purchase.

Key Details

• Transaction dates & amounts:
  • 2026-02-09: Disposition to issuer — 5,059 shares @ $0.00 (= $0).
  • 2026-02-09: Tax/withholding disposition — 1,546 shares @ $254.34 (= $393,210).
  • 2026-02-09: Tax/withholding disposition — 30 shares @ $254.34 (= $7,630).
  • 2026-02-10: Grant/acquisition — 11.672 shares @ $261.32 (= $3,050).
  • 2026-02-10: Grant/acquisition — 2.743 shares @ $261.32 (= $717).
• Shares owned after the transactions: not specified in the provided Form 4 excerpt.
• Footnotes: F1 references the 2021 Employee Stock Purchase Plan; F2 notes holdings include payroll-based and 401(k) plans.
• Filing: Form 4 was filed on 2026-02-11 covering transactions on Feb 9–10, 2026 — appears to be timely filing.

Context

• These transactions appear to be tax-withholding/settlement actions (code F) and award vesting/acquisition (code A). That typically means shares were withheld by the company to cover tax liabilities rather than sold on the open market; this is routine and not necessarily a bearish signal.
• The 5,059-share disposition to the issuer at $0.00 likely reflects surrender/settlement mechanics for plan- or award-related shares (common with restricted stock/unit settlements).
• No indication in the provided data that Rocker is a 10% owner or that trades were under a 10b5-1 program; no speculative conclusions about intent are made.