Jones Christopher T 4

What Happened

• Christopher T. Jones, a director of Norfolk Southern Corporation (NSC), was granted 622 restricted stock units (RSUs) on January 30, 2026. The award is reported as a derivative "A" (award/grant); no purchase price or immediate cash value is listed in the filing. The RSUs are the economic equivalent of one share of common stock each and will be settled in Norfolk Southern common stock, vesting in full on January 30, 2027. The grant is exempt under Section 16(b).

Key Details

• Transaction date: January 30, 2026 (reported on Form 4 filed Feb 3, 2026).
• Transaction type/code: Award/Grant (A) of 622 RSUs; price reported as N/A (no cash paid).
• Vesting/settlement: RSUs vest in full on the first anniversary (Jan 30, 2027) and will be settled in common stock per the Long-Term Incentive Plan (Footnote F1).
• Shares owned after transaction: Not specified in the provided filing.
• Timing: Form 4 was filed Feb 3, 2026 — within the standard two business‑day reporting window (timely).
• Footnote: F1 explains these are restricted stock units exempt under Section 16(b) and each unit equals one share for settlement.

Context

• RSU grants are a common form of executive/director compensation and do not involve an immediate cash purchase or sale; they convert into shares only upon settlement (vesting). This grant does not represent an immediate buy or sell signal — it increases potential future share holdings if and when the RSUs vest and are settled.