Fortune Stephen 4

What Happened
Stephen Fortune, Executive Vice President (EVP - CD & TO) of CSX Corp (CSX), received equity awards on February 26, 2026: 10,903 restricted stock units (RSUs) and 54,357 stock options. Both awards were granted at $0.00 (standard for equity awards) under CSX’s 2026–2028 Long-Term Incentive Plan. These are grants (code A), not open-market purchases or sales.

Key Details

• Transaction date: 2026-02-26; Filing date: 2026-03-02 (filed timely).
• Awards: 10,903 RSUs (F1) and 54,357 options/derivative awards (F2). Reported acquisition price: $0.00 for both. Total units awarded: 65,260.
• Vesting: RSUs vest in three equal installments on Feb 26 of 2027, 2028 and 2029 (F1). Options vest in three equal installments on the same dates (F3).
• Shares owned after the transaction: Not reported in this filing.
• Transaction code: A = Award/Grant. No 10b5-1 plan, tax withholding, or sale noted in the filing.

Context
These awards are part of routine executive compensation and long-term incentive pay rather than an outright purchase or sale; they do not indicate an immediate cash investment or cashing out. Options are derivative awards that require vesting (and later exercise) before converting into owned shares; there is no indication these options were exercised or sold at the time of the filing.