Sean R. Pelkey - Feb 15, 2024 Form 4 Insider Report for CSX CORP (CSX)

Role
EVP & CFO
Signature
/s/ Michael S. Burns, Attorney-in-Fact
Stock symbol
CSX
Transactions as of
Feb 15, 2024
Transactions value $
-$72,224
Form type
4
Date filed
2/20/2024, 08:28 PM
Previous filing
Feb 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction CSX Common Stock -Tax liability -$72,224 -1,952 -2.27% $37.00 83,888 Feb 15, 2024 Direct F1
transaction CSX Common Stock +Grant/Award $0 +12,664 +15.1% $0.00 96,552 Feb 16, 2024 Direct F2
holding CSX Common Stock 944 Feb 15, 2024 CSX Corporation 401(k) Plan F3
holding CSX Common Stock 21,646 Feb 15, 2024 CSX Corporation Executive Deferred Compensation Plan F4

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 +Grant/Award $0 +40,187 $0.00 40,187 Feb 16, 2024 Common Stock 40,187 $36.72 Direct F5, F6

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 By Trustee, CSX Corporation Savings Thrift Plan. The number reflects equivalent shares of cash value held in CSX Stock Fund, which amounts will fluctuate dependent upon daily net asset value of the fund.
F4 By Trustee, CSX Corporation Executive Deferred Compensation Plan.
F5 Options awarded pursuant to the CSX Corporation 2024-2026 Long-Term Incentive Plan.
F6 The options vest in three equal installments on February 16, 2025, February 16, 2026 and February 16, 2027.