Shareholder Vote

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________ FORM 8-K ______________________________________ CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 18, 2026 ( May 14, 2026 ) ______________________________________ UNION PACIFIC CORPORATION (Exact name of registrant as specified in its charter) ______________________________________ Utah 1-6075 13-2626465 (State or other jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.) 1400 Douglas Street , Omaha , Nebraska 68179 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: ( 402 ) 544-5000 N/A (Former name or former address, if changed since last report) ______________________________________ Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each Class Trading Symbol Name of each exchange on which registered Common Stock (Par Value $2.50 per share) UNP New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).    Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.     ☐ Item 5.07 Submission of Matters to a Vote of Security Holders. Union Pacific Corporation (the Company) held its Annual Meeting of Shareholders on May 14, 2026, conducted through a live audio webinar only (the Meeting). Of the 593,678,300 shares outstanding and entitled to vote at the Meeting, 538,870,394 shares were present at the Meeting in person or by proxy, constituting a quorum of 90.76%. The shareholders of the Company’s common stock (the Shareholders) considered and voted upon three proposals at the Meeting. Proposal 1 – Election of Directors The Shareholders elected each of the following directors to serve a term of one year, ending at the time of the next Annual Meeting of Shareholders in 2027 (or until a successor is elected) pursuant to the By-Laws of the Company and the applicable laws of the State of Utah: Name Votes For Votes Against Abstentions Broker Non-Votes Sheri H. Edison 468,658,407 10,831,667 1,305,249 58,075,071 Teresa M. Finley 477,361,721 2,594,064 839,538 58,075,071 Deborah C. Hopkins 477,411,285 2,517,387 866,651 58,075,071 Jane H. Lute 458,441,119 21,204,940 1,149,264 58,075,071 Michael R. McCarthy 453,856,480 25,893,643 1,045,200 58,075,071 Doyle R. Simons 468,876,858 10,944,221 974,244 58,075,071 John K. Tien, Jr. 477,322,167 2,587,244 885,912 58,075,071 V. James Vena 477,824,620 2,033,848 936,855 58,075,071 John P. Wiehoff 477,320,553 2,518,328 956,442 58,075,071 W Anthony Will 477,982,920 1,797,522 1,014,881 58,075,071 Christopher J. Williams 473,783,412 5,778,011 1,233,900 58,075,071 Proposal 2 – Ratification of Appointment of Deloitte & Touche LLP as Independent Registered Public Accounting Firm for the Year Ending December 31, 2026 The Shareholders voted for the ratification of the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2026 by the following count: Votes For Votes Against Abstentions 506,109,723 31,880,708 879,963 Proposal 3 – Advisory Vote to Approve Executive Compensation (“Say on Pay”) The Shareholders approved, on an advisory (non-binding) basis, the compensation of the Company’s Named Executive Officers, by the following count: Votes For Votes Against Abstentions Broker Non-Votes 454,118,030 24,436,114 2,241,179 58,075,071 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: May 18, 2026 UNION PACIFIC CORPORATION By: /s/ Christina B. Conlin Christina B. Conlin Executive Vice President, Chief Legal Officer, and Corporate Secretary