Gehringer Eric J 4
4 · UNION PACIFIC CORP · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
Union Pacific EVP Eric Gehringer Receives Award / Buys Shares
What Happened Eric J. Gehringer, EVP – Operations at Union Pacific (UNP), acquired 13.988 shares on 2026-03-10 at $250.21 per share, for a reported total of $3,500. The transaction is reported as an award/acquisition (Form 4 code A) and is described as a purchase under the company's 2021 Employee Stock Purchase Plan.
Key Details
- Transaction date: 2026-03-10; Filing date: 2026-03-11 (timely).
- Shares acquired: 13.988 at $250.21 each; reported total value ≈ $3,500.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes:
- F1: Purchase pursuant to the 2021 Employee Stock Purchase Plan (ESPP).
- F2: Notes conversion of restricted stock units to fully vested stock units at a 1:1 ratio; payable only in shares at termination or a date certain.
- Filing appears timely (no late filing indicator).
Context This was a routine, small-dollar ESPP acquisition rather than a large open-market buy or exercise/sale. ESPP purchases are common for employees and often reflect regular payroll-based contributions instead of a discrete bullish bet. The F2 note indicates the company uses stock-unit conversions for certain restricted awards, which are payable only in shares.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-10$250.21/sh+13.988$3,500→ 47,972.366 total
- 12,989.067(indirect: By Deferral Account)
Common Stock
[F2]
Footnotes (2)
- [F1]Purchase pursuant to the 2021 Employee Stock Purchase Plan.
- [F2]Represents conversion of restricted stock units to fully vested stock units with a distribution ratio of 1:1 - Payable only in shares of common stock at termination of employment or a date certain.