Donadio Marcela E 4

What Happened

• Marcela Donadio, a director of Norfolk Southern Corporation (NSC), was credited with 37.241 shares (derivative restricted stock units) as an award on May 20, 2026. The filing values the units at $315.38 each, for a total of roughly $11,745. The transaction is reported as an award/grant (transaction code A) and is a derivative award rather than an open-market purchase.

Key Details

• Transaction date: 2026-05-20; Filing date: 2026-05-22 (timely filing).
• Price/value reported: $315.38 per share; total value ≈ $11,745.
• Shares acquired: 37.241 RSU-equivalent units (derivative).
• Shares owned after transaction: Not specified in the filing.
• Footnote: These units are dividend-equivalent restricted stock units credited under the Norfolk Southern Long-Term Incentive Plan and ultimately will be satisfied in common stock (see footnote F1).

Context

• This was a compensation-related award (dividend equivalents on RSUs), a routine non-market transaction that does not necessarily indicate insider confidence or selling. The derivative units will be converted to common shares when settled per the company’s LTIP terms.