{"schema_version":"secwatch.filing_event.v1","accession":"0000100885-25-000347","form_type":"8-K","ticker":"UNP","cik":"0000100885","company_name":"UNION PACIFIC CORP","filed_at":"2025-12-19T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.507643+00:00","generated_at":"2026-05-16T12:30:34.248309+00:00","sec_items":["7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Union Pacific and Norfolk Southern file STB merger application to create first transcontinental railroad","bullets":["Filing submitted Dec 19, 2025; nearly 7,000 pages; includes 2,000 letters of support and 99% shareholder votes in favor.","End-to-end combination will connect 43 states, 100+ ports; expects to convert 2M truckloads from road to rail annually.","Projected to add ~900 net union jobs by year 3; protects all existing union jobs; average compensation ~$160K per year.","Expects $2.1B in incremental capital investment and $133M in annual capital synergies; completion targeted early 2027.","Plans to eliminate 2,400 daily car/container handlings and 60,000 car-miles; transit time cuts of up to 20 hours on key routes."],"urls":{"canonical":"https://secwatch.observer/filing/0000100885-25-000347","json":"https://secwatch.observer/filing/0000100885-25-000347.json","markdown":"https://secwatch.observer/filing/0000100885-25-000347.md","text":"https://secwatch.observer/filing/0000100885-25-000347.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/100885/000010088525000347/0000100885-25-000347-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/100885/000010088525000347/unp-20251219.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T12:30:34.248309+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}