Jamie J. Boychuk - Jul 3, 2023 Form 4 Insider Report for CSX CORP (CSX)

Signature
/s/ Michael S. Burns, Attorney-in-Fact
Stock symbol
CSX
Transactions as of
Jul 3, 2023
Transactions value $
$3,125
Form type
4
Date filed
7/6/2023, 04:01 PM
Previous filing
Jun 2, 2023
Next filing
Aug 2, 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 $3.12K +91 +3.04% $34.34 3.09K Jul 3, 2023 Common Stock 91 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 9.47 units of phantom stock acquired in connection with the payment of a dividend on June 15, 2023 at $33.56 per share.
F3 By Trustee, CSX Corporation Executive Deferred Compensation Plan.