WAINSCOTT JAMES L 4
Research Summary
AI-generated summary
CSX Director James L. Wainscott Receives 4,455-Share Award
What Happened
James L. Wainscott, a director of CSX Corporation (CSX), was awarded 4,455 shares of CSX common stock on 2026-02-26. The award is reported at $0.00 per share (a non-cash grant), meaning no cash was paid by the insider; the shares were issued as director compensation.
Key Details
- Transaction date: 2026-02-26; Filing date: 2026-03-02 (appears timely under Form 4 rules).
- Transaction type/code: A (Award/Grant/Other acquisition).
- Shares acquired: 4,455; reported price: $0.00 (exempt director fee payment).
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: Award is an exempt payment of director fees/annual retainer under the 2019 CSX Stock and Incentive Award Plan. Power of attorney is attached as Exhibit 24.
Context
This is a routine non-cash director compensation award, not an open-market purchase or sale. Such awards reflect standard board compensation and do not by themselves indicate the director buying or selling stock for investment reasons.
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