Nathan D. Goldman - 18 Nov 2024 Form 4 Insider Report for CSX CORP (CSX)

Role
EVP & CLO
Signature
/s/ Michael S. Burns, Attorney-in-Fact
Issuer symbol
CSX
Transactions as of
18 Nov 2024
Net transactions value
-$2,609,015
Form type
4
Filing time
20 Nov 2024, 16:46:38 UTC
Previous filing
22 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CSX Common Stock Sale $1,720,015 -48,588 -19% $35.40 202,991 18 Nov 2024 Direct F1
transaction CSX Common Stock Options Exercise $1,588,300 +70,000 +34% $22.69 272,991 18 Nov 2024 Direct
transaction CSX Common Stock Sale $2,477,300 -70,000 -26% $35.39 202,991 18 Nov 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 Options Exercise $0 -70,000 -51% $0.000000 67,301 18 Nov 2024 Common Stock 70,000 $22.69 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Weighted average price, as these shares were sold in multiple transactions at prices ranging from $35.39 to $35.41, inclusive. The Reporting Person undertakes to provide to CSX Corporation, any security holder of CSX Corporation, or the staff of the Securities and Exchange Commission, upon request, additional information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2 Weighted average price, as these shares were sold in multiple transactions at prices ranging from $35.39 to $35.43, inclusive. The Reporting Person undertakes to provide to CSX Corporation, any security holder of CSX Corporation, or the staff of the Securities and Exchange Commission, upon request, additional information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 The original exercise price of the option was $68.09. On June 28, 2021, the common stock of CSX Corporation split 3-for-1 resulting in an adjusted price of $22.69.
F4 On June 28, 2021, the common stock of CSX Corporation split 3-for-1 resulting in the Reporting Person's ownership of 91,534 additional shares.