ANDERSON RICHARD H 4

What Happened Richard H. Anderson, a director of Norfolk Southern Corporation (NSC), was credited with 251.203 deferred stock units (reported as a derivative award) on 2026-06-30. The units were valued at $314.59 each, for a total reported value of $79,026. This transaction is an award/credit under the company's director deferred fee plan, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-30; Transaction type/code: Award (A), derivative.
• Quantity and price: 251.203 units @ $314.59 per unit = $79,026 total.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: Units are deferred stock units credited under the Norfolk Southern Directors' Deferred Fee Plan; they are settled in cash (not in shares) upon the director's retirement or at another elected time.
• Filing timeliness: Report filed 2026-07-01 for a 2026-06-30 transaction (appears timely).

Context This was a routine director compensation deferral (crediting of deferred stock units) rather than a market purchase or sale. Because the units will be paid in cash when distributed, the award doesn't represent immediate share ownership or a direct buy/sell signal.