Mark R. George - Sep 13, 2024 Form 4 Insider Report for NORFOLK SOUTHERN CORP (NSC)

Role
President and Chief Executive Officer, See Exhibit 24.1 - Power of Attorney, Director
Signature
Jason M. Morris via P.O.A. for Mark R. George
Stock symbol
NSC
Transactions as of
Sep 13, 2024
Transactions value $
$0
Form type
4
Date filed
9/17/2024, 04:05 PM
Previous filing
Jun 10, 2024

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 NSC Option (right to buy, granted 2024) Award +28.5K 28.5K Sep 13, 2024 Common Stock 28.5K $251.15 Direct F1
transaction NSC Restricted Stock Units Award +7.96K +114.06% 14.9K Sep 13, 2024 Common Stock 7.96K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reports the grant to the reporting person of an option to purchase shares of common stock under the Norfolk Southern Corporation Long-Term Incentive Plan (a 16b-3 plan). These options will vest ratably in three annual installments beginning on the first anniversary of the grant date.
F2 Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on September 13, 2024, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in three annual installments beginning on the first anniversary of the grant date.

Remarks:

President and Chief Executive Officer, See Exhibit 24.1 - Power of Attorney