Ann A. Adams - 26 Jan 2024 Form 4 Insider Report for NORFOLK SOUTHERN CORP (NSC)

Role
EVP & Chief Transform. Officer
Signature
Denise W. Hutson via P.O.A. for Ann A. Adams
Issuer symbol
NSC
Transactions as of
26 Jan 2024
Transactions value $
-$149,430
Form type
4
Filing time
30 Jan 2024, 19:18:15 UTC
Previous filing
13 Nov 2023
Next filing
01 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NSC Common Stock Options Exercise $0 +520 +3.18% $0.00 16.9K 26 Jan 2024 Direct F1
transaction NSC Common Stock Tax liability -$51.6K -223 -1.32% $231.20 16.7K 26 Jan 2024 Direct
transaction NSC Common Stock Options Exercise $0 +580 +3.48% $0.00 17.2K 27 Jan 2024 Direct F2
transaction NSC Common Stock Tax liability -$57.3K -248 -1.44% $231.20 17K 27 Jan 2024 Direct
transaction NSC Common Stock Options Exercise $0 +622 +3.66% $0.00 17.6K 28 Jan 2024 Direct F3
transaction NSC Common Stock Tax liability -$40.5K -173 -0.98% $234.30 17.4K 28 Jan 2024 Direct

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 Options Exercise -520 -9.27% 5.09K 26 Jan 2024 Common Stock 520 Direct F1
transaction NSC Restricted Stock Units Options Exercise -580 -11.39% 4.51K 27 Jan 2024 Common Stock 580 Direct F2
transaction NSC Restricted Stock Units Options Exercise -622 -13.79% 3.89K 28 Jan 2024 Common Stock 622 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 26, 2023, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date. This distribution represents the first of four installments.
F2 Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 27, 2022, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date. This distribution represents the second of four installments.
F3 Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2021, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date. This distribution represents the third of four installments.