WHISLER J STEVEN 4
Research Summary
AI-generated summary
CSX Director J. Steven Whisler Receives 954-Share Award
What Happened
- J. Steven Whisler, a director of CSX Corp. (CSX), was granted/acquired 954 shares on 2026-03-13 as an award for director compensation. The reported per-share value was $39.30, for a total value of $37,492. This was an award/compensation credit (an acquisition), not an open-market purchase.
Key Details
- Transaction date and price: 2026-03-13 — 954 shares at $39.30 per share (total $37,492).
- Shares owned after transaction: Not disclosed in the filing.
- Filing date: Form 4 filed 2026-03-16 (see SEC accession 0001193125-26-108376).
- Footnotes:
- F1: The shares represent an exempt payment of director fees/annual retainer under the 2019 CSX Stock and Incentive Award Plan.
- F2: The award was credited by a trustee under the CSX Directors Deferred Compensation Plan; the shares are payable after the reporting person ceases to be a director or as otherwise provided by the deferral election.
- No other offsets (e.g., sales or tax-withholding transactions) were reported with this grant.
Context
- This transaction reflects routine director compensation paid in stock and deferred through the directors’ plan; such awards are common and do not necessarily indicate the director’s short-term market view.