Joseph R. Hinrichs - 15 Feb 2024 Form 4 Insider Report for CSX CORP (CSX)

Signature
/s/ Michael S. Burns, Attorney-in-Fact
Issuer symbol
CSX
Transactions as of
15 Feb 2024
Net transactions value
-$310,763
Form type
4
Filing time
20 Feb 2024, 20:24:20 UTC
Previous filing
07 Feb 2024
Next filing
10 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CSX Common Stock Tax liability $310,763 -8,399 -4.4% $37.00 183,123 15 Feb 2024 Direct F1
transaction CSX Common Stock Award $0 +62,092 +34% $0.000000 245,215 16 Feb 2024 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CSX Option Award $0 +197,045 $0.000000 197,045 16 Feb 2024 Common Stock 197,045 $36.72 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Withholding of stock to satisfy tax obligation.
F2 Restricted stock units awarded pursuant to the CSX Corporation 2024-2026 Long-Term Incentive Plan. The units vest in three equal installments on February 16, 2025, February 16, 2026 and February 16, 2027.
F3 Options awarded pursuant to the CSX Corporation 2024-2026 Long-Term Incentive Plan.
F4 The options vest in three equal installments on February 16, 2025, February 16, 2026 and February 16, 2027.