Form 4 for NSC Norfolk Southern
Accepted 2022-08-04 00:00:00 ET · period of report 2022-08-02 · accession 0001225208-22-009259 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-08-04 | 2022-08-02 | NSC | Squires James A | Dir | S - Sale+OE | $248.80 | -105.4K | 148.0K | -42% | -$26.23M |
| D | 2022-08-04 | 2022-08-02 | NSC | Squires James A | Dir | M - OptEx | $70.32 | +105.4K | 148.1K | +247% | +$7.41M |
| D | 2022-08-04 | 2022-08-02 | NSC | Squires James A | Dir | M - OptEx | $0.00 | -105.4K | 0 | -100% | $0 |
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 | 2022-08-02 | S | D | 52,950 | $248.35 | 42,728 | D | — | — | (F5) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $247.79 to $248.78, inclusive. (F1) Excludes 20,000 shares which remain held indirectly in a grantor retained annuity trust (GRAT), previously held directly. |
| 2 | Common | Common Stock | 2022-08-02 | S | D | 46,043 | $249.13 | 95,678 | D | — | — | (F4) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $248.79 to $249.78, inclusive. (F1) Excludes 20,000 shares which remain held indirectly in a grantor retained annuity trust (GRAT), previously held directly. |
| 3 | Common | Common Stock | 2022-08-02 | S | D | 6,295 | $250.21 | 141,721 | D | — | — | (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $249.79 to $250.78, inclusive. (F1) Excludes 20,000 shares which remain held indirectly in a grantor retained annuity trust (GRAT), previously held directly. |
| 4 | Common | Common Stock | 2022-08-02 | S | D | 132 | $250.86 | 148,016 | D | — | — | (F2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $250.85 to $250.88, inclusive. The reporting person undertakes to provide to Norfolk Southern Corporation, security holders of Norfolk Southern Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) through (5) to this Form 4. (F1) Excludes 20,000 shares which remain held indirectly in a grantor retained annuity trust (GRAT), previously held directly. |
| 5 | Common | Common Stock | 2022-08-02 | M | A | 105,420 | $70.32 | 148,148 | D | — | — | (F1) Excludes 20,000 shares which remain held indirectly in a grantor retained annuity trust (GRAT), previously held directly. |
| 6 | Derivative | Option (right to buy, granted 2016) | 2022-08-02 | M | D | 105,420 | $0.00 | 0 | D | $70.32 · 2020-01-28 to 2026-01-27 | 105,420 Common Stock | (F8) Reflects exercise and resulting cancellation of stock option, in a single transaction, exempt from Section 16(b). The stock option was granted under the Long-Term Incentive Plan (a Rule 16b-3 plan). |