Cory Michael A. 4

What Happened Cory Michael A., Executive Vice President & Chief Operating Officer of CSX Corporation (CSX), received equity awards on February 26, 2026: 15,241 restricted stock units (RSUs) and 75,982 derivative awards (options/option-linked units). Both awards are reported at $0.00 acquisition price (standard for grants) and reflect compensation awards rather than open-market purchases or sales.

Key Details

• Transaction date: February 26, 2026; Filing date: March 2, 2026 (filing appears timely).
• Awards: 15,241 RSUs (reported at $0.00) and 75,982 derivative awards/options (reported at $0.00).
• Shares owned after transaction: Not specified in this filing.
• Footnotes from the filing:
  • F1: RSUs granted under the CSX 2026–2028 Long-Term Incentive Plan; vest in three equal installments on Feb 26, 2027; Feb 26, 2028; Feb 26, 2029.
  • F2/F3: Options awarded under the 2026–2028 LTIP; options vest in three equal installments on the same Feb 26 dates (2027–2029).
• Transaction code: "A" = Award/Grant (compensation grant).

Context These awards are company compensation (not purchases or sales) and will vest over three years, so they do not represent an immediate market transaction. The 75,982 derivative entries reflect options or option-like awards that will require vesting and eventual exercise before converting to shares.