ZILLMER JOHN J 4

What Happened
Director John J. Zillmer received two stock awards from CSX Corporation on 2026-02-26: 4,455 shares and 5,862 shares (total 10,317 shares). Both entries are reported as acquisitions (code A) at $0.00 per share, reflecting issuance as compensation rather than an open‑market purchase.

Key Details

• Transaction date: 2026-02-26 (reported on Form 4 filed 2026-03-02). Filing appears timely under Section 16 rules.
• Prices: $0.00 per share (awarded/issued, not purchased); total cash consideration shown as $0.
• Share counts: 4,455 shares (award) and 5,862 shares (award); combined = 10,317 shares.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes: F1 — exempt payment of director's fees/annual retainer in CSX common stock under the 2019 CSX Stock and Incentive Award Plan. F2 — exempt payment of non‑executive chair retainer in CSX common stock under the same plan.
• Other remark: Power of Attorney attached as Exhibit 24 in the filing.

Context
These entries are compensation awards (director fees and a non‑executive chair retainer) rather than purchases or option exercises. Compensation‑based stock awards are common for directors and do not by themselves indicate a buy/sell signal; they increase insider ownership but reflect routine pay practices under the company's equity plan.