CSX CORP·4

Feb 18, 5:06 PM ET

Williams Angela C 4

Research Summary

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CSX VP Angela Williams Sells 811 Shares to Cover Taxes

What Happened

  • Angela C. Williams, Vice President & Chief Accounting Officer of CSX (CSX), had 811 shares withheld on Feb 13, 2026 to satisfy tax obligations tied to restricted stock units (RSUs). The shares were disposed in three withholding events (279, 251, 281 shares) at $40.87 per share, totaling about $33,145. These were tax-withholding dispositions (routine), not open-market sales.

Key Details

  • Transaction date: 2026-02-13; Price: $40.87 per share.
  • Shares withheld/disposed: 279, 251, and 281 (total 811 shares); reported value ≈ $33,145.
  • Transaction code: F — withholding of stock to satisfy tax obligation (share surrender/cashless withholding).
  • Footnotes: withholding relates to RSU grants; includes shares acquired via dividend reinvestment (26, 17, and 9 shares tied to the respective RSU grants). Some amounts reported as equivalent shares in the CSX Savings Thrift Plan (cash-value share equivalents).
  • Shares owned after transaction: Not specified in this filing.
  • Filing note: Form 4 was filed 2026-02-18 for a 2026-02-13 transaction (appears later than the typical two-business-day reporting window).

Context

  • These transactions reflect tax withholding when RSUs vest — the company retains/surrenders shares to cover taxes rather than an executive selling shares on the open market. Such withholding is a routine administrative step and does not necessarily indicate a change in insider sentiment. Power of attorney is attached as Exhibit 24 to the filing.

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