ANGEL STEPHEN F 4
4 · CSX CORP · Filed May 5, 2026
Research Summary
AI-generated summary of this filing
CSX CEO Stephen F. Angel Receives 200 Phantom Stock Units
What Happened
- Stephen F. Angel, President & CEO and a director of CSX Corp (CSX), was granted 200 phantom stock units on May 1, 2026. The units are valued at $45.09 each, for a total economic value of $9,018. This is an award (code A) of a derivative security, not a cash purchase or sale.
Key Details
- Transaction date: 2026-05-01; Filing date: 2026-05-05 (filed within required Form 4 timeframe).
- Instrument: 200 phantom stock units (derivative), $45.09 per unit, total $9,018.
- Shares owned after transaction: Not specified in this filing.
- Footnotes: F1 — Each phantom unit equals the economic equivalent of one share and will be paid in cash per the reporting person’s deferral/distribution election. F2 — Grant is by the Trustee under the CSX Corporation Executive Deferred Compensation Plan.
- Transaction code: A (award/grant).
Context
- Phantom stock units are a deferred-compensation vehicle that track the value of company stock but are typically settled in cash; they do not confer voting rights or immediate share ownership. Such awards are common for executive compensation and should be viewed as part of pay, not a market purchase or sale.
Insider Transaction Report
Form 4
CSX CORPCSX
ANGEL STEPHEN F
DirectorPresident & CEO
Transactions
- Award
Phantom Stock
[F1][F2]2026-05-01$45.09/sh+200$9,018→ 1,632 total(indirect: CSX Executive Deferred Compensation Plan)→ Common Stock (200 underlying)
Footnotes (2)
- [F1]Each unit of phantom stock is the economic equivalent of one share of Company common stock. Units of phantom stock become payable, in cash, consistent with the Reporting Person's distribution election made at the time of deferral.
- [F2]By Trustee, CSX Corporation Executive Deferred Compensation Plan.
Signature
Kacey Heekin-Luchin, Attorney-in-Fact|2026-05-05