Michael S. Burns - 02 Jan 2025 Form 3 Insider Report for CSX CORP (CSX)

Role
SVP - CLO & Corp Secy
Signature
/s/ Tammy D. Butler, Attorney-in-Fact
Issuer symbol
CSX
Transactions as of
02 Jan 2025
Net transactions value
$0
Form type
3
Filing time
10 Jan 2025, 16:00:12 UTC
Next filing
28 Jan 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CSX Common Stock 38,163 02 Jan 2025 Direct F1
holding CSX Common Stock 1,749 02 Jan 2025 CSX Corporation 401(k) Plan 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
holding CSX Option 02 Jan 2025 Common Stock 13,107 $17.94 Direct F3
holding CSX Option 02 Jan 2025 Common Stock 11,142 $22.70 Direct F4, F5
holding CSX Option 02 Jan 2025 Common Stock 23,457 $26.50 Direct F6, F7
holding CSX Option 02 Jan 2025 Common Stock 7,329 $29.49 Direct F8, F9
holding CSX Option 02 Jan 2025 Common Stock 7,597 $35.17 Direct F10, F11
holding CSX Option 02 Jan 2025 Common Stock 5,115 $31.67 Direct F12, F13
holding CSX Option 02 Jan 2025 Common Stock 4,494 $36.72 Direct F14, F15
holding CSX Option 02 Jan 2025 Common Stock 48,094 $36.34 Direct F16, F17
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 2,158 restricted stock units ("RSUs") that vest on February 16, 2025; 1,592 RSUs that vest in three equal annual installments beginning on February 15, 2024; 1,417 RSUs that vest in three equal annual installments beginning on February 16, 2025; 15,135 RSUs that vest in two equal annual installments beginning on December 2, 2026; and 1,097 RSUs that vest in three equal annual installments beginning on February 16, 2025.
F2 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.
F3 Options awarded pursuant to the CSX Corporation 2018 - 2020 Long-Term Incentive Plan.
F4 The options vest in three equal installments on February 6, 2020, February 6, 2021 and February 6, 2022.
F5 Options awarded pursuant to the CSX Corporation 2019- 2021 Long-Term Incentive Plan.
F6 The options vest in three equal installments on February 18, 2021, February 18, 2022 and February 18, 2023.
F7 Options awarded pursuant to the CSX Corporation 2020 - 2022 Long-Term Incentive Plan.
F8 The options vest in three equal installments on February 9, 2022, February 9, 2023 and February 9, 2024.
F9 Options awarded pursuant to the CSX Corporation 2021 - 2023 Long-Term Incentive Plan.
F10 The options vest in three equal installments on February 16, 2023, February 16, 2024 and February 16, 2025.
F11 Options awarded pursuant to the CSX Corporation 2022 - 2024 Long-Term Incentive Plan.
F12 The options vest in three equal installments on February 15, 2024, February 15, 2025 and February 15, 2026.
F13 Options awarded pursuant to the CSX Corporation 2023 - 2025 Long-Term Incentive Plan.
F14 The options vest in three equal installments on February 16, 2025, February 16, 2026 and February 16, 2027.
F15 Options awarded pursuant to the CSX Corporation 2024-2026 Long-Term Incentive Plan.
F16 The options vest in two equal installments on December 2, 2026 and December 2, 2027.
F17 Long-term incentive award.

Remarks:

Exhibit 24 - Power of Attorney Attached