Norfolk Southern (NSC) Director Fahmy Sameh Receives Award

What Happened

Fahmy Sameh, a director of Norfolk Southern Corporation (NSC), was credited with 7.088 restricted stock units (RSUs) as an award/dividend-equivalent payment on August 20, 2026. The filing values those derivative units at $347.90 each, for a total reported value of $2,466. This was an award (code A) — not an open-market purchase or sale — and represents compensation/dividend equivalents rather than a voluntary buy or sell.

Key Details

• Transaction date: 2026-08-20
• Instrument and amount: 7.088 RSUs (derivative equity award)
• Price basis / value: $347.90 per share; total reported value $2,466
• Type: Award / dividend-equivalent units (reported as derivative acquisition, code A)
• Shares owned after transaction: Not specified in this filing
• Footnote: These are RSUs credited as dividend equivalents and "ultimately will be satisfied in common stock" when settled.
• Filing timeliness: Report filed 2026-08-24 (4 days after the transaction); Form 4s are normally due within 2 business days, so this filing appears late.

Context

• This transaction is a compensation-related award (dividend equivalents on RSUs), which is routine for insiders and does not indicate an open-market investment decision.
• The units are derivative awards that will be converted into common shares when settled; no immediate sale or market transaction was reported.
• For retail investors, such small, routine awards are generally informational about insider compensation and do not by themselves signal a change in insider confidence.