Jamie J. Boychuk - 02 Jan 2023 Form 4 Insider Report for CSX CORP (CSX)

Signature
/s/ Michael S. Burns, Attorney-in-Fact
Issuer symbol
CSX
Transactions as of
02 Jan 2023
Net transactions value
+$3,315
Form type
4
Filing time
03 Jan 2023, 15:32:37 UTC
Previous filing
02 Dec 2022
Next filing
30 Jan 2023

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 Phantom Stock Award $3,315 +107 +4.5% $30.98 2,474 02 Jan 2023 Common Stock 107 CSX Executive Deferred Compensation Plan F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each unit of phantom stock is the economic equivalent of one share of Company common stock. Units of phantom stock become payable, in cash, consistent with the Reporting Person's distribution election made at the time of deferral.
F2 Includes 7.11 units of phantom stock acquired in connection with the payment of a dividend on December 15, 2022 at $31.77 per share.
F3 By Trustee, CSX Corporation Executive Deferred Compensation Plan.