Paul C. Hilal - Feb 16, 2024 Form 4 Insider Report for CSX CORP (CSX)

Role
Director
Signature
/s/ Paul C. Hilal
Stock symbol
CSX
Transactions as of
Feb 16, 2024
Transactions value $
$180,001
Form type
4
Date filed
2/21/2024, 04:32 PM
Previous filing
Feb 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CSX Common Stock Award $180K +4.9K +10.28% $36.72 52.6K Feb 16, 2024 Direct F1
holding CSX Common Stock 1.45M Feb 16, 2024 See footnotes F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Exempt payment of director's fees and/or annual retainer in the form of CSX Common Stock pursuant to the 2019 CSX Stock and Incentive Award Plan.
F2 By virtue of Reporting Person's position as ultimately controlling various entities that hold shares in CSX Corporation, Reporting Person may be deemed to be the beneficial owner of these shares for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934 (the "Exchange Act"). Reporting Person disclaims beneficial ownership of any of these shares, except to the extent of any pecuniary interest therein.
F3 Reporting Person continues to serve as a director and as Vice Chairman of the Board of CSX Corporation and as a result, the entities listed in these notes are directors by deputization for purposes of Section 16 of the Exchange Act.