LAMPHERE GILBERT H 4

What Happened
Gilbert H. Lamphere, a director of Norfolk Southern Corporation (NSC), was credited with 2.674 restricted stock unit (RSU) dividend-equivalent shares on May 20, 2026. The filing shows a per-share market value of $315.38, giving a total reported value of $843. This was an award/credit to his RSU account (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-20; Form 4 filed: 2026-05-22.
• Transaction type: Award/Acquisition of derivative securities (RSU dividend equivalents).
• Amount: 2.674 shares × $315.38 = $843 (reported value).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: These units are dividend equivalent payments on RSUs and ultimately will be satisfied in common stock (see footnote F1).
• Filing timeliness: Filed within days of the transaction; no late-filing flag noted.

Context
This was a routine director compensation event (dividend equivalents credited to existing RSUs). Such derivative awards are settled in common stock later and do not represent a cash purchase or sale of shares by the director. The small dollar value ($843) suggests this was a proportionate dividend-equivalent credit rather than a material new grant.