---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-016013"
form_type: "8-K"
ticker: "UNP"
cik: "0000100885"
company_name: "UNION PACIFIC CORP"
filed_at: "2024-05-10T23:59:59+00:00"
generated_at: "2026-06-02T03:09:21.438401+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Union Pacific shareholders elect all 12 directors, approve say-on-pay, reject two proposals

## Summary
- All 12 incumbent directors elected; lowest vote total was McCarthy with 445.6M for vs 25.9M against.
- Deloitte & Touche ratified as auditor for 2024: 502.7M for, 30.2M against.
- Advisory say-on-pay passed with 448.5M for, 20.3M against (excluding broker non-votes).
- Severance policy shareholder proposal defeated: 29.8M for, 441.0M against.
- Safety committee charter proposal defeated: 34.2M for, 431.9M against.

## SEC filing metadata
- accession: 0001437749-24-016013
- form_type: 8-K
- ticker: UNP
- cik: 0000100885
- company_name: UNION PACIFIC CORP
- filed_at: 2024-05-10T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/100885/000143774924016013/0001437749-24-016013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/100885/000143774924016013/unp20240509_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-016013
- JSON: https://secwatch.observer/filing/0001437749-24-016013.json
- Plain text: https://secwatch.observer/filing/0001437749-24-016013.txt

## Key facts
- Shareholder Votes
  UNION PACIFIC CORP shareholders rejected Shareholder Proposal Requesting Adoption of a Policy Limiting Severance Payments at the 2024-05-09 meeting.
  - Outcome: failed
  - Meeting: 2024-05-09
  source text: The Shareholders voted against Proposal 4 by the following count: Votes For Votes Against Abstentions Broker Non-Votes 29,828,975 440,962,166 1,400,906 61,503,692
  evidence_url: https://www.sec.gov/Archives/edgar/data/100885/000143774924016013/0001437749-24-016013-index.htm
- Shareholder Votes
  UNION PACIFIC CORP shareholders rejected Shareholder Proposal Requesting an Amendment to the Safety and Service Quality Committee’s Charter to Review Staffing Levels and Confer on Safety Issues with Stakeholders at the 2024-05-09 meeting.
  - Proposal: charter amendment
  - Outcome: failed
  - Meeting: 2024-05-09
  source text: The Shareholders voted against Proposal 5 by the following count: Votes For Votes Against Abstentions Broker Non-Votes 34,152,574 431,916,634 6,122,839 61,503,692
  evidence_url: https://www.sec.gov/Archives/edgar/data/100885/000143774924016013/0001437749-24-016013-index.htm
- Shareholder Votes
  UNION PACIFIC CORP shareholders approved Advisory Vote on Executive Compensation ("Say on Pay") at the 2024-05-09 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2024-05-09
  source text: 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 448,487,420 20,318,864 3,385,763 61,503,692
  evidence_url: https://www.sec.gov/Archives/edgar/data/100885/000143774924016013/0001437749-24-016013-index.htm
- Shareholder Votes
  UNION PACIFIC CORP shareholders approved Ratification of Appointment of Deloitte & Touche LLP as Independent Registered Public Accounting Firm for the Year Ending December 31, 2024 at the 2024-05-09 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2024-05-09
  source text: The Shareholders voted for the ratification of the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2024 by the following count: Votes For Votes Against Abstentions Broker Non-Votes 502,720,319 30,181,546 793,874 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/100885/000143774924016013/0001437749-24-016013-index.htm
- Shareholder Votes
  UNION PACIFIC CORP shareholders approved Election of Directors at the 2024-05-09 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2024-05-09
  source text: 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 2025 (or until a successor is elected) pursuant to the By-Laws of the Company and the applicable laws of the State of Utah
  evidence_url: https://www.sec.gov/Archives/edgar/data/100885/000143774924016013/0001437749-24-016013-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.