4//SEC Filing
Elkins Claude E 4
Accession 0001225208-25-001107
CIK 0000702165other
Filed
Feb 2, 7:00 PM ET
Accepted
Feb 3, 7:26 PM ET
Size
17.4 KB
Accession
0001225208-25-001107
Insider Transaction Report
Form 4
Elkins Claude E
EVP & Chief Marketing Officer
Transactions
- Tax Payment
Common Stock
2025-01-30$257.26/sh−224$57,626→ 2,127 total - Exercise/Conversion
Restricted Stock Units
2025-01-30−527→ 5,470 total→ Common Stock (527 underlying) - Tax Payment
Common Stock
2025-01-30$257.26/sh−462$118,854→ 1,665 total - Award
Option (right to buy, granted 2025)
2025-01-30+6,870→ 6,870 totalExercise: $257.26From: 2028-01-30Exp: 2035-01-29→ Common Stock (6,870 underlying) - Award
Restricted Stock Units
2025-01-30+2,332→ 5,997 total→ Common Stock (2,332 underlying) - Award
Common Stock
2025-01-30+1,086→ 1,824 total - Exercise/Conversion
Common Stock
2025-01-30+527→ 2,351 total
Holdings
- 128.036(indirect: By 401(k))
Common Stock
Footnotes (5)
- [F1]Represents shares earned by the reporting person under the formula-based performance share feature of the Corporation's Long-Term Incentive plan (a Rule 16b-3 plan).
- [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. This distribution represents the first of four installments.
- [F3]Represents the approximate number of shares of Common Stock estimated -- on the basis of the unit accounting system used by the Plan Administrator -- as of January 30, 2025, to have been credited to the reporting person's account in the Norfolk Southern Corporation Thrift and Investment Plan (TIP), a trusted 401(k) plan. In accordance with TIP's terms applicable to all participants, acquisitions were made at various times and at various prices.
- [F4]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).
- [F5]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, 2025, 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 three annual installments beginning on the first anniversary of the grant date.
Documents
Issuer
NORFOLK SOUTHERN CORP
CIK 0000702165
Entity typeother
Related Parties
1- filerCIK 0001898689
Filing Metadata
- Form type
- 4
- Filed
- Feb 2, 7:00 PM ET
- Accepted
- Feb 3, 7:26 PM ET
- Size
- 17.4 KB