Norfolk Southern Corp: director Richard H Anderson received 177.994 shares

What happened Richard H Anderson, director, received 177.994 shares as an award/acquisition at $309.00 per share on Sep 30, 2026, for a total reported value of $55,000. The filing classifies the transaction as a derivative acquisition.

Key details

• Transaction date and price: Sep 30, 2026 — 177.994 deferred stock units at $309.00 per unit; total $55,000.
• Shares owned after the transaction: not reported in the filing.
• Footnote F1: reports the number of deferred stock units credited to the reporting person's account in the Norfolk Southern Corporation Directors' Deferred Fee Plan for deferral of quarterly fees, calculated on the basis of the closing market value of the company's common stock on the last trading day of each quarter; these units ultimately will be satisfied in cash, not in shares of common stock, upon the reporting person's retirement or at such other time as may be elected under the terms of the plan.
• Form filed on Oct 02, 2026.

Why it may matter This was an award of deferred stock units (a derivative award) that the footnote says will be settled in cash rather than issued as shares. The filing does not show why the insider traded or why the company acted.