James A. Squires - 24 May 2021 Form 4 Insider Report for NORFOLK SOUTHERN CORP (NSC)

Signature
Denise W. Hutson via P.O.A. for James A. Squires
Issuer symbol
NSC
Transactions as of
24 May 2021
Net transactions value
-$5,561,614
Form type
4
Filing time
25 May 2021, 16:37:14 UTC
Previous filing
20 May 2021
Next filing
28 May 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NSC Common Stock Sale $2,780,414 -10,000 -46% $278.04 11,637 24 May 2021 By the E.H. Squires Irrevocable Trust F1, F2
transaction NSC Common Stock Sale $2,781,200 -10,000 -46% $278.12 11,637 24 May 2021 By the M.O. Squires Irrevocable Trust F2
holding NSC Common Stock 50,211 24 May 2021 Direct
holding NSC Common Stock 165 24 May 2021 By 401(k) Plan F3
holding NSC Common Stock 50,214 24 May 2021 By Spouse
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $278.00 to $278.71, inclusive.
F2 Represents shares held by irrevocable trust for the benefit of the reporting person's child. The reporting person's spouse is the trustee of the trust. The reporting person has no pecuniary interest or investment control over these shares.
F3 Represents the approximate number of whole shares of Common Stock estimated -- on the basis of the unit accounting system used by the Plan Administrator -- as of May 24, 2021, to have been credited to the reporting person's account in the Norfolk Southern Corporation Thrift and Investment Plan (TIP), a trusteed 401(k) plan. In accordance with TIP's terms applicable to all participants, acquisitions were made at various times and at various prices.