Williams Angela C 4
Research Summary
AI-generated summary
CSX VP & CAO Angela Williams Receives Equity Awards
What Happened
Angela C. Williams, Vice President and Chief Accounting Officer of CSX Corporation (CSX), was granted a total of 11,228 equity awards on February 26, 2026. The awards consist of 1,876 restricted stock units (RSUs) and 9,352 derivative awards (options/other LTIP derivative awards). Both awards were granted at $0.00 (no cash paid by the insider at grant).
Key Details
- Transaction date: February 26, 2026; Filing date (Form 4): March 2, 2026 (filed within the required two business-day window).
- Award amounts: 1,876 RSUs (footnote F1) and 9,352 derivative awards (footnotes F3/F4). Total = 11,228 units. Grant price reported as $0.00.
- Vesting: RSUs vest in three equal installments on Feb 26, 2027; Feb 26, 2028; and Feb 26, 2029 (F1). The derivative awards/options vest in the same three-year installment schedule (F4).
- Shares owned after transaction: Not specified in the supplied filing details.
- Plan: Awards made under the CSX Corporation 2026–2028 Long-Term Incentive Plan (F1, F3).
- No sale or purchase of shares occurred; these are compensation awards to the executive.
Context
These transactions are equity compensation grants (not open-market buys or sales). RSUs and option-style awards are common components of executive pay and vest over multiple years, aligning retention incentives with performance/time — they do not necessarily signal immediate insider sentiment. The filing was submitted on March 2, 2026, which meets the typical Form 4 reporting deadline.