{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-017204","form_type":"8-K","ticker":"UNP","cik":"0000100885","company_name":"UNION PACIFIC CORP","filed_at":"2023-06-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.572289+00:00","generated_at":"2026-06-14T01:46:48.643234+00:00","sec_items":["7.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Union Pacific sees Q2 $70M labor charge; Nebraska tax adds $75M; 2023 operating ratio to exceed 2022","bullets":["One-time pre-tax expense of ~$70M in Q2 2023 from SMART-TD crew staffing ratification; adds ~120 bps to Q2 operating ratio.","Full-year 2023 operating ratio expected to exceed 2022 levels due to higher labor costs, lower volumes, and higher costs.","Nebraska state income tax rate change adds ~$75M to after-tax income in Q2 2023.","Reaffirmed prior guidance on volume, price, and capital allocation."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-017204","json":"https://secwatch.observer/filing/0001437749-23-017204.json","markdown":"https://secwatch.observer/filing/0001437749-23-017204.md","text":"https://secwatch.observer/filing/0001437749-23-017204.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/100885/000143774923017204/0001437749-23-017204-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/100885/000143774923017204/unp20230612_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T01:46:48.643234+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"}