John R. Thompson - Nov 20, 2023 Form 4 Insider Report for NORFOLK SOUTHERN CORP (NSC)

Role: Director
Signature: Denise W. Hutson via P.O.A. for John R. Thompson
Stock symbol: NSC
Transactions as of: Nov 20, 2023
Transactions value $: $17,337
Form type: 4
Date filed: 11/22/2023, 12:37 PM
Previous filing: Aug 22, 2023
Next filing: Feb 1, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	NSC	Common Stock						3.16K	Nov 20, 2023	Direct	F1

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	Restricted Stock Units	Award	$17.3K	+82.3	+0.64%	$210.58	12.9K	Nov 20, 2023	Common Stock	82.3		Direct	F2

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

Explanation of Responses:

Id	Content
F1	Includes 164.0734 shares of Common Stock acquired by the reporting person as a result of participating in a dividend reinvestment plan.
F2	Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

Content

Includes 164.0734 shares of Common Stock acquired by the reporting person as a result of participating in a dividend reinvestment plan.

Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.