Norfolk Southern (NSC) Director Sameh Fahmy Receives 622 RSU Award

What Happened

• Sameh Fahmy, a director of Norfolk Southern Corporation (NSC), received a grant of 622 Restricted Stock Units (RSUs) on January 30, 2026. The award is reported as a derivative acquisition (transaction code A); no purchase price or immediate cash value is listed in the filing.

Key Details

• Transaction date: January 30, 2026; Form 4 filed: February 3, 2026 (timely).
• Security: 622 Restricted Stock Units (each unit equals one share of common stock upon settlement).
• Price/value: N/A in the filing (RSUs are granted, not purchased).
• Shares owned after transaction: not specified in the filing.
• Footnote: RSUs are exempt under Section 16(b) and will be settled in Norfolk Southern common stock; they vest in full on the first anniversary of the grant (Jan 30, 2027).

Context

• RSU grants are a common form of executive/director compensation and do not represent an open‑market purchase or sale. These units will convert to actual shares only if and when they vest; there was no immediate sale or cashless exercise reported.