CSX CEO Stephen F. Angel Receives 181 Phantom Stock Units

What Happened
Stephen F. Angel, President, CEO and Director of CSX Corporation (CSX), received a grant of 181 phantom stock units on August 3, 2026. The units are reported at $49.83 each, for a total reported value of $9,019. This was an award/grant (derivative compensation), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-08-03; Form 4 filed: 2026-08-05 (within the typical two-business-day reporting window).
• Transaction type/code: A — Award/Grant (derivative phantom stock units).
• Units granted: 181 @ $49.83 per unit; total reported value = $9,019.
• Shares owned after transaction: Not specified in this filing.
• Footnotes: F1 — each phantom stock unit equals the economic equivalent of one share and is payable in cash per the reporting person’s distribution election; F2 — grant administered by the Trustee under the CSX Executive Deferred Compensation Plan.
• No indication in this filing of a 10b5-1 plan, immediate sale, tax withholding, or a late filing flag.

Context
Phantom stock units are a form of deferred cash compensation tied to the company’s stock price; they generally do not transfer actual shares or voting rights until settled and are commonly used for executive compensation or retention. This award reflects compensation, not a direct market signal of buying or selling CSX common stock.