Halverson Steven T 4

What Happened

• Steven T. Halverson, a director of CSX Corporation (CSX), was granted/acquired 4,455 shares on February 26, 2026. The filing reports the acquisition as an award (transaction code A) at $0.00 per share (reported value $0), reflecting an exempt in-kind payment of director fees under CSX’s 2019 Stock and Incentive Award Plan. The shares are held by a trustee under the CSX Directors Deferred Compensation Plan and are payable according to the director’s deferral election (typically after he leaves the board or per plan terms).

Key Details

• Transaction date: 2026-02-26 — Type: Award/Acquisition (code A)
• Shares received: 4,455 — Reported price: $0.00 — Reported transaction value: $0
• Shares held by trustee under the CSX Directors Deferred Compensation Plan (payable after cessation of directorship or per deferral election) (Footnote F3)
• Footnote F1: Award is an exempt payment of director’s fees/retainer in CSX common stock under the 2019 plan.
• Footnote F2: Filing notes 5,214 shares were acquired via dividend reinvestment since the last reportable transaction on Feb 14, 2025.
• Filing date (accession): 2026-03-02. The filing itself does not indicate a late reporting flag.

Context

• This transaction is a routine director compensation award, not an open‑market purchase or sale. Such grants are commonly used to pay board fees and are often deferred; they don’t necessarily signal the director’s short‑term view on the stock. The shares are held in a deferred compensation plan, meaning Halverson will not immediately receive or sell them under the plan’s terms.