Kevin S. Boone - 14 Feb 2025 Form 4 Insider Report for CSX CORP (CSX)

Role: EVP & CCO
Signature: /s/ Tammy D. Butler, Attorney-in-Fact
Issuer symbol: CSX
Transactions as of: 14 Feb 2025
Net transactions value: -$465,311
Form type: 4
Filing time: 19 Feb 2025, 20:32:02 UTC
Previous filing: 28 Jan 2025
Next filing: 24 Oct 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CSX	Common Stock	Tax liability	$299,629	-8,979	-4.7%	$33.37	182,662	14 Feb 2025	Direct	F1, F2
transaction	CSX	Common Stock	Tax liability	$89,498	-2,682	-1.5%	$33.37	180,165	14 Feb 2025	Direct	F1, F3
transaction	CSX	Common Stock	Tax liability	$76,184	-2,283	-1.3%	$33.37	177,963	14 Feb 2025	Direct	F1, F4
transaction	CSX	Common Stock	Award	$0	+18,880	+11%	$0.000000	196,843	14 Feb 2025	Direct	F5
holding	CSX	Common Stock						1,728	14 Feb 2025	CSX Corporation 401(k) Plan	F6
holding	CSX	Common Stock						1,500	14 Feb 2025	Spouse's IRA

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	+62,014		$0.000000	62,014	14 Feb 2025	Common Stock	62,014	$33.37	Direct	F7, F8

* 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	Includes 894 shares acquired through the reinvestment of dividends since February 16, 2022, the grant date of the restricted stock units ("RSUs").
F3	Includes 185 shares acquired through the reinvestment of dividends since February 15, 2023, the grant date of the RSUs.
F4	Includes 81 shares acquired through the reinvestment of dividends since February 16, 2024, the grant date of the RSUs.
F5	Restricted stock units awarded pursuant to the CSX Corporation 2025-2027 Long-Term Incentive Plan. The units vest in three equal installments on February 14, 2026, February 14, 2027 and February 14, 2028.
F6	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.
F7	Options awarded pursuant to the CSX Corporation 2025-2027 Long-Term Incentive Plan.
F8	The options vest in three equal installments on February 14, 2026, February 14, 2027 and February 14, 2028.