Form 4 for NSC Norfolk Southern
Accepted 2024-02-01 00:00:00 ET · period of report 2024-01-30 · accession 0001225208-24-001432 · 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 | 2024-02-01 | 2024-01-30 | NSC | Elkins Claude E | EVP, CMO | F - Tax | $236.48 | -285 | 4,189 | -6% | -$67.4K |
| D | 2024-02-01 | 2024-01-30 | NSC | Elkins Claude E | EVP, CMO | M - OptEx | $0.00 | +224 | 4,474 | +5% | $0 |
| D | 2024-02-01 | 2024-01-30 | NSC | Elkins Claude E | EVP, CMO | A - Grant | $0.00 | +441 | 4,250 | +12% | $0 |
| D | 2024-02-01 | 2024-01-30 | NSC | Elkins Claude E | EVP, CMO | M - OptEx | — | -224 | 4,949 | -4% | — |
| DM | 2024-02-01 | 2024-01-30 | NSC | Elkins Claude E | EVP, CMO | A - Grant | — | +8,390 | 6,280 | New | — |
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 | 2024-01-30 | F | D | 96 | $236.48 | 4,378 | D | — | — | |
| 2 | Common | Common Stock | 2024-01-30 | F | D | 189 | $236.48 | 4,189 | D | — | — | |
| 3 | Common | Common Stock | 2024-01-30 | M | A | 224 | $0.00 | 4,474 | D | — | — | (F3) 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, 2020, 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 fourth of four installments. |
| 4 | Common | Common Stock | 2024-01-30 | A | A | 441 | $0.00 | 4,250 | D | — | — | (F1) Represents shares earned by the reporting person under the formula-based performance share feature of the Corporation's Long-Term Incentive plan (a Rule 16b-3 plan). (F2) The reporting person's previous Form 4 filed on January 30, 2024 overstated the total amount of shares beneficially owned in column 5 by 37 shares due to an administrative error. The amount reported in colunn 5 for this transaction has been updated to reflect this error. |
| 5 | Derivative | Restricted Stock Units | 2024-01-30 | M | D | 224 | — | 4,949 | D | — · — to — | 224 Common Stock | (F3) 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, 2020, 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 fourth of four installments. |
| 6 | Derivative | Restricted Stock Units | 2024-01-30 | A | A | 2,110 | — | 5,173 | D | — · — to — | 2,110 Common Stock | (F6) 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. |
| 7 | Derivative | Option (right to buy, granted 2024) | 2024-01-30 | A | A | 6,280 | — | 6,280 | D | $236.85 · — to 2034-01-29 | 6,280 Common Stock | (F5) 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. |