DeBiase Francesca A. 4
4 · NORFOLK SOUTHERN CORP · Filed May 22, 2026
Research Summary
AI-generated summary of this filing
Norfolk Southern (NSC) Director Francesca DeBiase Receives Award
What Happened
- Francesca A. DeBiase, a director of Norfolk Southern Corporation (NSC), was credited with 9.154 restricted stock units (derivative award) on May 20, 2026. The units were priced at $315.38 each, totaling approximately $2,887. This was an award/acquisition (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date and price: May 20, 2026 — 9.154 units at $315.38 each (total ~$2,887).
- Transaction type: Award/Grant (derivative restricted stock units credited as dividend equivalents).
- Shares owned after transaction: Not specified in the filing.
- Footnote: These units are dividend equivalent payments on RSUs under the Norfolk Southern Long‑Term Incentive Plan and will ultimately be settled in common stock (per footnote F1).
- Filing date: May 22, 2026 (filed within the typical two-business-day Form 4 window; not flagged as late).
Context
- These were dividend-equivalent RSUs credited to the director’s LTIP account and will be converted into common shares when settled. Such grants are routine director compensation and don’t by themselves indicate a buying or selling signal.
Insider Transaction Report
Form 4
DeBiase Francesca A.
Director
Transactions
- Award
Restricted Stock Units
[F1]2026-05-20$315.38/sh+9.154$2,887→ 2,147.591 total→ Common Stock (9.154 underlying)
Footnotes (1)
- [F1]Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.
Signature
J. Jeremy Ballard via P.O.A. for Francesca A. DeBiase|2026-05-22