John C. Huffard Jr. - 31 Mar 2024 Form 4 Insider Report for NORFOLK SOUTHERN CORP (NSC)

Role
Director
Signature
Denise W. Hutson via P.O.A. for John C. Huffard, Jr.
Issuer symbol
NSC
Transactions as of
31 Mar 2024
Net transactions value
+$48,000
Form type
4
Filing time
02 Apr 2024, 18:06:41 UTC
Previous filing
22 Feb 2024
Next filing
22 May 2024

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 $48,000 +188 +17% $254.87 1,284 31 Mar 2024 Common Stock 188 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.