Huffard John C Jr 4

What Happened

• John C. Huffard Jr, a director of Norfolk Southern Corporation (NSC), was granted 622 restricted stock units (RSUs) on January 30, 2026. The grant is reported as a derivative award (Form 4 code A); no per-share price or immediate cash value is stated. Each RSU represents the economic equivalent of one share and will be settled in Norfolk Southern common stock when vested.

Key Details

• Transaction date: 2026-01-30 (Grant of 622 RSUs; price N/A)
• Vesting/settlement: RSUs vest in full on the first anniversary of the grant (2027-01-30) and will be settled in common stock (per filing footnote).
• Exemption: Grant is exempt under Section 16(b) (typical for such long-term incentive awards).
• Filing: Form 4 was filed 2026-02-03 — appears to be within the two-business-day filing window for Section 16 reporting.
• Shares owned after transaction: Not stated in the provided filing excerpt.

Context

• RSUs are a form of deferred equity compensation that convert into shares upon vesting; they are not an open-market purchase or sale and do not indicate an immediate buy/sell decision. Such awards are common for directors as part of long-term compensation and should be viewed as compensation rather than an immediate bullish or bearish trade signal.