WHISLER J STEVEN 4
Research Summary
AI-generated summary
CSX Director J. Steven Whisler Receives 791-Share Award
What Happened
- J. Steven Whisler, a director of CSX Corp. (CSX), was issued 791 shares as an award/acquisition on June 15, 2026. The shares were recorded at $47.39 each, for a total value of approximately $37,485. This issuance represents compensation (an award) rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-15; filing date: 2026-06-17.
- Transaction type: A (Award/Grant) — exempt payment of director fees/annual retainer in CSX common stock under the 2019 CSX Stock and Incentive Award Plan (see footnote F1).
- Price and value: 791 shares @ $47.39 = $37,485.
- Composition: Includes 606 shares acquired through dividend reinvestment since the last reportable transaction on March 13, 2026 (footnote F2).
- Holding arrangement: Shares were recorded "by Trustee" under the CSX Directors Deferred Compensation Plan and are payable after Whisler ceases to be a director or per his deferral election (footnote F3).
- Shares owned after transaction: not specified in the filing.
- Timeliness: Filed two days after the transaction (no late-filing flag indicated).
Context
- This is a routine director compensation issuance (stock awarded or credited under a deferral plan), not a cash purchase or open-market sale. Such awards are common for director fees and are not by themselves a clear buy/sell signal about the insider's market view.