Duncan Paul B 4
4 · NORFOLK SOUTHERN CORP · Filed Feb 1, 2024
Insider Transaction Report
Form 4
Duncan Paul B
EVP & Chief Operating Officer
Transactions
- Award
Restricted Stock Units
2024-01-30+2,540→ 6,402 total→ Common Stock (2,540 underlying) - Award
Option (right to buy, granted 2024)
2024-01-30+7,530→ 7,530 totalExercise: $236.85Exp: 2034-01-29→ Common Stock (7,530 underlying)
Footnotes (2)
- [F1]Reports the grant to the reporting person of an option to purchase shares of common stock under the Norfolk Southern Corporation Long-Term Incentive Plan (a 16b-3 plan). These options will vest ratably in four annual installments beginning on the first anniversary of the grant date.
- [F2]Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 30, 2024, 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.