John F. Orr - Apr 26, 2024 Form 4 Insider Report for NORFOLK SOUTHERN CORP (NSC)

Role
EVP & Chief Operating Officer
Signature
Denise W. Hutson via P.O.A. for John F. Orr
Stock symbol
NSC
Transactions as of
Apr 26, 2024
Transactions value $
$0
Form type
4
Date filed
4/30/2024, 06:35 PM
Previous filing
Mar 28, 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 Option (right to buy, granted 2024) Award +8.09K 8.09K Apr 26, 2024 Common Stock 8.09K $240.38 Direct F1
transaction NSC Restricted Stock Units Award +25K 25K Apr 26, 2024 Common Stock 25K Direct F2
transaction NSC Restricted Stock Units Award +2.81K +11.26% 27.8K Apr 26, 2024 Common Stock 2.81K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reports the grant to the reporting person of an option to purchase shares of common stock under the Norfolk Southern Corporation Long-Term Incentive Plan (a 16b-3 plan). These options will vest ratably in four annual installments beginning on the first anniversary of the grant date.
F2 Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on April 26, 2024, 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 three annual installments beginning on the first anniversary of the grant date.
F3 Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on April 26, 2024, 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.