NORFOLK SOUTHERN CORP·4

Feb 3, 5:32 PM ET

Fahmy Sameh 4

Research Summary

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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.