Form 4 for CSX CSX Corporation
Accepted 2023-02-16 00:00:00 ET · period of report 2023-02-14 · accession 0000899243-23-005292 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-02-16 | 2023-02-14 | CSX | Hilal Paul C | Dir | A - Grant | $31.65 | +5,688 | 47.7K | +14% | +$180.0K | |
| I | 2023-02-16 | 2023-02-14 | CSX | Hilal Paul C | Dir | J - Other | — | -98.8K | 1.45M | -6% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-02-14 | A | A | 5,688 | $31.65 | 47,688 | D See footnotes | — | — | (F1) Exempt payment of director's fees and/or annual retainer in the form of CSX Common Stock pursuant to the 2019 CSX Stock and Incentive Award Plan. (F2) On June 28, 2021, the common stock of CSX Corporation split 3-for-1, resulting in Paul C. Hilal's ("Reporting Person") ownership of 24,798 additional shares. (F6) Reporting Person continues to serve as a director and as Vice Chairman of the Board of CSX Corporation and as a result, the entities listed in these notes are directors by deputization for purposes of Section 16 of the Exchange Act. (F5) By virtue of Reporting Person's position as ultimately controlling various entities that hold shares in CSX Corporation, Reporting Person may be deemed to be the beneficial owner of these shares for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934 (the "Exchange Act"). Reporting Person disclaims beneficial ownership of any of these shares, except to the extent of any pecuniary interest therein. |
| 2 | Common | Common Stock | 2023-02-14 | J | D | 98,795 | — | 1,454,098 | I | — | — | (F3) Reflects distributions by MR Employee Incentive Pool LLC, an entity controlled by Reporting Person and which holds shares of CSX Corporation on behalf of certain employees of Mantle Ridge LP, a Delaware limited partnership, to those employees. No consideration was paid in connection with these distributions. (F4) On June 28, 2021, the common stock of CSX Corporation split 3-for-1, resulting in Reporting Person's ownership of 1,195,262 additional shares. |