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CSX CORP·4

Mar 2, 6:17 PM ET

Boone Kevin S. 4

4 · CSX CORP · Filed Mar 2, 2026

Research Summary

AI-generated summary of this filing

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CSX CFO Kevin S. Boone Receives Equity Awards

What Happened
Kevin S. Boone, Executive Vice President & Chief Financial Officer of CSX Corporation (CSX), received equity awards on February 26, 2026. The filing shows 15,241 restricted stock units (RSUs) and 75,982 derivative awards (options/option-like awards) granted at $0 (awarded, not purchased). These are grants under CSX’s 2026–2028 Long-Term Incentive Plan.

Key Details

  • Transaction date: 2026-02-26; Form 4 filed: 2026-03-02 (timely filing).
  • Awards: 15,241 RSUs (F1) and 75,982 derivative awards (F3/F4) — total equivalent of 91,223 share-related units.
  • Price: $0 (awarded). No sale or exercise occurred.
  • Vesting: RSUs vest in three equal installments on Feb 26 of 2027, 2028 and 2029 (F1). The derivative awards/options vest in three equal installments on the same dates (F4).
  • Footnotes: Grants made under the CSX 2026–2028 Long‑Term Incentive Plan (F1, F3). F2 references holdings by the CSX Savings Thrift Plan trustee (equivalent-share accounting for plan holdings).
  • Shares owned after the transaction: not disclosed in the provided excerpt.

Context
RSUs convert to actual shares only as they vest; derivative awards/options give rights to acquire shares in the future if exercised. These grants are routine long-term compensation for executives and do not represent a purchase or sale of shares by the insider at the grant date.

Insider Transaction Report

Form 4
Period: 2026-02-26
CSX CORPCSX
Boone Kevin S.
EVP & CFO
Transactions
  • Award

    Common Stock

    [F1]
    2026-02-26+15,241→ 208,622 total
  • Award

    Option

    [F3][F4]
    2026-02-26+75,982→ 75,982 total
    Exercise: $42.65Exp: 2036-02-26→ Common Stock (75,982 underlying)
Holdings

  • Common Stock

    [F2]
    (indirect: By 401(k))
    1,753

  • Common Stock

    (indirect: By Spouse)
    1,500
Footnotes (4)
  • [F1]Restricted stock units awarded pursuant to the CSX Corporation 2026-2028 Long-Term Incentive Plan. The units vest in three equal installments on February 26, 2027, February 26, 2028 and February 26, 2029.
  • [F2]By Trustee, CSX Corporation Savings Thrift Plan. The number reflects equivalent shares of cash value held in the CSX Stock Fund, which amounts will fluctuate dependent upon the daily net asset value of the fund.
  • [F3]Options awarded pursuant to the CSX Corporation 2026-2028 Long-Term Incentive Plan.
  • [F4]The options vest in three equal installments on February 26, 2027, February 26, 2028 and February 26, 2029.
Signature
Kacey D. Heekin-Luchin, Attorney-in-Fact|2026-03-02

Documents

1 file
  • 4
    ownership.xmlPrimary

    4