Kevin S. Boone - Feb 15, 2023 Form 4 Insider Report for CSX CORP (CSX)

Role: EVP - Sales & Marketing
Signature: /s/ Michael S. Burns, Attorney-in-Fact
Stock symbol: CSX
Transactions as of: Feb 15, 2023
Transactions value $: $2,654,579
Form type: 4
Date filed: 2/17/2023, 03:12 PM
Previous filing: Jan 30, 2023
Next filing: Jan 30, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CSX	Common Stock	Award	$630K	+19.9K	+12.36%	$31.67	181K	Feb 15, 2023	Direct	F1
holding	CSX	Common Stock						1.68K	Feb 15, 2023	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
transaction	CSX	Option	Award	$2.02M	+63.9K		$31.67	63.9K	Feb 15, 2023	Common Stock	63.9K	$31.67	Direct	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted stock units awarded pursuant to the CSX Corporation 2023 - 2025 Long-Term Incentive Plan. The units vest in three equal installments on February 15, 2024, February 15, 2025 and February 15, 2026.
F2	By Trustee, CSX Corporation Savings Thrift Plan. The number reflects equivalent shares of cash value held in the CSX Stock Fund, which amounts will fluctuate dependent upon the daily net asset value of the fund.
F3	Options awarded pursuant to the CSX Corporation 2023 - 2025 Long-Term Incentive Plan.
F4	The options vest in three equal installments on February 15, 2024, February 15, 2025 and February 15, 2026.