Boone Kevin S. 4

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.