CSX CORP·4

Feb 18, 4:59 PM ET

Sorfleet Diana B 4

4 · CSX CORP · Filed Feb 18, 2026

Research Summary

AI-generated summary of this filing

Updated

CSX EVP Diana B. Sorfleet Withholds Shares for Taxes

What Happened

  • Diana B. Sorfleet, Executive Vice President & Chief Administrative Officer of CSX Corp. (CSX), had a total of 5,577 shares withheld to satisfy tax obligations related to restricted stock units (RSUs). The withholding occurred on Feb 13, 2026 at an effective price of $40.87 per share, resulting in proceeds/withholding value of about $227,933 (broken out as 2,010 shares = $82,149; 1,711 shares = $69,929; 1,856 shares = $75,855). These transactions are tax-withholding dispositions (code F), not open-market sales.

Key Details

  • Transaction date: Feb 13, 2026; Price per share: $40.87.
  • Shares withheld/ disposed: 2,010; 1,711; and 1,856 (total 5,577).
  • Total value withheld: approximately $227,933.
  • Shares owned after transaction: not reported in this Form 4.
  • Footnotes: F1 indicates shares were withheld to satisfy tax obligation; F2–F4 note inclusion of shares (214, 126, 73 respectively) acquired via dividend reinvestment since RSU grant dates in 2023–2025.
  • Exhibit: Power of Attorney attached as Exhibit 24.
  • Filing timeliness: Transaction occurred Feb 13, 2026; Form 4 was filed Feb 18, 2026 — which appears to be later than the typical 2-business-day reporting window for Form 4s.

Context

  • This was a routine tax-withholding disposition following RSU vesting (code F). Such withholdings are administrative and do not necessarily indicate a personal decision to sell shares on the open market.

Insider Transaction Report

Form 4
Period: 2026-02-13
Transactions
  • Tax Payment

    Common Stock

    [F1][F2]
    2026-02-13$40.87/sh2,010$82,149168,981 total
  • Tax Payment

    Common Stock

    [F1][F3]
    2026-02-13$40.87/sh1,711$69,929167,396 total
  • Tax Payment

    Common Stock

    [F1][F4]
    2026-02-13$40.87/sh1,856$75,855165,613 total
Footnotes (4)
  • [F1]Withholding of stock to satisfy tax obligation.
  • [F2]Includes 214 shares acquired through the reinvestment of dividends since February 15, 2023, the grant date of the restricted stock units ("RSUs").
  • [F3]Includes 126 shares acquired through the reinvestment of dividends since February 16, 2024, the grant date of the RSUs.
  • [F4]Includes 73 shares acquired through the reinvestment of dividends since February 14, 2025, the grant date of the RSUs.
Signature
Kacey D. Heekin-Luchin, Attorney-in-Fact|2026-02-18

Documents

2 files