Hilal Paul C 4
4 · CSX CORP · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
CSX Director Paul C. Hilal Receives 4,455-Share Award
What Happened
- Paul C. Hilal, Vice Chairman and director of CSX Corporation (CSX), was granted 4,455 shares on 2026-02-26. The shares were recorded at $0.00 on the Form 4 because they were issued as compensation (an award) rather than purchased for cash.
Key Details
- Transaction date: 2026-02-26; filing date: 2026-03-02 (filed within the required reporting window).
- Transaction type/code: Award/Grant (A); shares acquired: 4,455; acquisition price reported: $0.00.
- Shares owned after the transaction: not specified in the filing.
- Footnote F1: The shares were an exempt payment of director fees and/or annual retainer under the 2019 CSX Stock and Incentive Award Plan.
- Footnote F2: Hilal may be deemed the beneficial owner of additional CSX shares held by entities he controls, though he disclaims beneficial ownership except for any pecuniary interest.
Context
- This was a compensatory director award (not a market purchase or sale), which is common for board pay and does not necessarily signal a change in personal trading stance. The filing appears timely under Section 16 reporting rules.
Insider Transaction Report
Form 4
CSX CORPCSX
Hilal Paul C
Director
Transactions
- Award
Common Stock
[F1]2026-02-26+4,455→ 22,739 total
Holdings
- 1,454,098(indirect: See footnote)
Common Stock
[F2]
Footnotes (2)
- [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]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 Exchange Act. Reporting Person disclaims beneficial ownership of any of these shares, except to the extent of any pecuniary interest therein. Reporting Person continues to serve as a director and as Vice Chairman of the Board of CSX Corporation and as a result, the entities referenced in this footnote 2 are directors by deputization for purposes of Section 16 of the Exchange Act.
Signature
/s/ Paul C. Hilal|2026-03-02