Cory Michael A. 4

What Happened Cory Michael, Executive Vice President & Chief Operating Officer of CSX Corp (CSX), had a total of 3,874 shares withheld to satisfy tax obligations on equity awards. The withholding occurred on Feb 13, 2026 in three separate withholdings: 1,172 shares at $40.87 ($47,900), 1,296 shares at $40.87 ($52,968), and 1,406 shares at $40.87 ($57,463), for a combined value of approximately $158,331. These transactions are tax-withholding disposals (transaction code F), not open-market sales.

Key Details

• Transaction date: 2026-02-13; Price per share: $40.87.
• Shares withheld/disposed: 1,172; 1,296; 1,406 — total 3,874 shares; total value ≈ $158,331.
• Footnotes: withholdings were to satisfy tax obligations; each line notes shares include dividend-reinvested shares from RSU grant dates (171, 171, and 99 shares respectively).
• Shares owned after the transaction: not specified in the provided filing details.
• Filing date: 2026-02-18. Power of Attorney is attached as Exhibit 24. This filing reports routine tax withholding (code F) rather than a market sale or purchase.

Context These transactions reflect routine tax withholding on restricted stock units (RSUs) and are common when awards vest. Withholding of shares to cover taxes is not the same as an insider selling shares for investment reasons and should not be interpreted as a directional buy/sell signal.