Heitkamp Mary Kathryn 4

What Happened

• Mary Kathryn Heitkamp, a director of Norfolk Southern Corporation (NSC), received a grant of 622 restricted stock units (RSUs) on January 30, 2026. The award is recorded as a derivative grant (no purchase price reported). The economic value will equal 622 shares of NSC common stock at settlement; no immediate cash or share transfer occurred.

Key Details

• Transaction date: 2026-01-30; Price: N/A (RSU grant, not a purchase or sale).
• Number of units granted: 622 RSUs.
• Shares owned after transaction: not specified in the reported excerpt.
• Footnote: The 622 RSUs are exempt under Section 16(b), will be settled in Norfolk Southern common stock, and vest in full on the first anniversary of the grant (2027-01-30).
• Filing date: Form 4 filed 2026-02-03 (report lists period of report 2026-01-30); filing appears within the typical Section 16 reporting window.

Context

• RSUs are a form of equity compensation that convert to actual shares upon vesting; this grant is a compensation award, not an open-market purchase or sale. Such awards are routine for directors and do not by themselves indicate a buy/sell signal. The award is exempt from short-swing profit rules (Section 16(b)) and will produce taxable/reportable events when settled/vested.