Jennifer Scanlon - Sep 30, 2023 Form 4 Insider Report for NORFOLK SOUTHERN CORP (NSC)

Role
Director
Signature
Denise W. Hutson via P.O.A. for Jennifer F. Scanlon
Stock symbol
NSC
Transactions as of
Sep 30, 2023
Transactions value $
$30,000
Form type
4
Date filed
10/3/2023, 02:46 PM
Previous filing
Aug 22, 2023
Next filing
Nov 22, 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 NSC Deferred Stock Units - Dir. Def. Fee Plan Award $30K +152 +55.11% $196.93 429 Sep 30, 2023 Common Stock 152 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reports the number of deferred stock units credited to the reporting person's account in the Norfolk Southern Corporation Directors' Deferred Fee Plan for deferral of quarterly fees, calculated on the basis of the closing market value of the company's common stock on the last trading day of each quarter. These units ultimately will be satisfied in cash, not in shares of common stock, upon the reporting person's retirement or at such other time as may be elected under the terms of the plan.