Duncan Paul B 4
4 · NORFOLK SOUTHERN CORP · Filed Oct 31, 2023
Insider Transaction Report
Form 4
Duncan Paul B
EVP & Chief Operating Officer
Transactions
- Tax Payment
Common Stock
2023-10-27$185.27/sh−15$2,779→ 1,263 total - Exercise/Conversion
Common Stock
2023-10-27+52→ 1,278 total - Exercise/Conversion
Restricted Stock Units
2023-10-27−52→ 4,726 total→ Common Stock (52 underlying)
Footnotes (1)
- [F1]Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on October 27, 2022, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date. This distribution represents the first of four installments.