Norfolk Southern Director Marcela E. Donadio Receives Award

What Happened
Marcela E. Donadio, a director of Norfolk Southern Corporation (NSC), was credited with 33.904 restricted stock units (RSUs) on 2026-08-20. The units were recorded at a per-share market value of $347.90, for a total reported value of $11,795. This transaction is reported as an award/other acquisition (derivative award), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-08-20; Form 4 filed: 2026-08-24 (filed 4 days after the transaction; Form 4s are typically due within 2 business days).
• Security: Restricted stock units (derivative award) — 33.904 units @ $347.90 each = $11,795 total.
• Shares owned after transaction: Not disclosed in the filing.
• Footnote: The award reflects dividend-equivalent units credited under the Norfolk Southern Long‑Term Incentive Plan; these units will ultimately be settled in common stock (see footnote F1).
• No 10b5-1 plan, sale, gift, or tax-withholding notation was reported in this filing.

Context
This was a non-cash compensation event (dividend-equivalent RSUs credited under the LTIP), which is routine for directors receiving equity-based pay and does not represent a market purchase or sale. Because the filing was submitted several days after the transaction date, retail investors may want to note the timing relative to the usual Form 4 reporting window.