Claude E. Elkins - 30 Jan 2026 Form 4 Insider Report for NORFOLK SOUTHERN CORP (NSC)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
03 Feb 2026, 17:08:37 UTC
Prior SEC filing
28 Jan 2026
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
J. Jeremy Ballard via P.O.A. for Claude E. Elkins

Key filing fact

Claude E. Elkins filed Form 4 for NORFOLK SOUTHERN CORP (NSC) on 03 Feb 2026.

Key facts

  • This page summarizes Claude E. Elkins's Form 4 filing for NORFOLK SOUTHERN CORP (NSC).
  • 7 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 03 Feb 2026, 17:08.

Change

  • Previous filing in this sequence was filed on 28 Jan 2026.
  • Current net transaction value: -$102,968.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001898689 Primary reporting owner

Elkins Claude E

Relationship
EVP & Chief Commercial Officer
Address
650 W PEACHTREE ST NW, ATLANTA
Signature
J. Jeremy Ballard via P.O.A. for Claude E. Elkins
Signature date
03 Feb 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

NSC transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+777
Change %
+32%
Price
$0.000000
Shares after
3,194
Date
30 Jan 2026
Ownership
Direct
Footnotes
F1
NSC transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+527
Change %
+16%
Price
$0.000000
Shares after
3,721
Date
30 Jan 2026
Ownership
Direct
Footnotes
F2
NSC transaction

Common Stock

Tax liability

Transaction value
$41,650
Shares
-144
Change %
-3.9%
Price
$289.24
Shares after
3,577
Date
30 Jan 2026
Ownership
Direct
NSC transaction

Common Stock

Tax liability

Transaction value
$61,318
Shares
-212
Change %
-5.9%
Price
$289.24
Shares after
3,365
Date
30 Jan 2026
Ownership
Direct
NSC holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
132
Date
30 Jan 2026
Ownership
By 401(k) Plan
Footnotes
F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

NSC transaction Derivative

Restricted Stock Units

Award

Transaction value
Shares
+4,149
Change %
+94%
Price
Shares after
8,584
Date
30 Jan 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
4,149
Exercise price
Footnotes
F4
NSC transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares
-527
Change %
-6.1%
Price
Shares after
8,057
Date
30 Jan 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
527
Exercise price
Footnotes
F2
NSC transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares
-777
Change %
-9.6%
Price
Shares after
7,280
Date
30 Jan 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
777
Exercise price
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote 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 30, 2025, 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. This distribution represents the first of three installments.

Footnote 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 30, 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. This distribution represents the second of four installments.

Footnote F3

Represents the approximate number of shares of Common Stock estimated -- on the basis of the unit accounting system used by the Plan Administrator -- as of January 30, 2026, to have been credited to the reportingperson's account in the Norfolk Southern Corporation Thrift and Investment Plan (TIP), a trusted 401(k) plan. In accordance with TIP's terms applicable to all participants, acquisitions were made at various times and atvarious prices.

Footnote F4

Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 30, 2026, 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.

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