Norfolk Southern: EVP & CIDO Anil Bhatt exercised 3,259 shares

What happened Anil Bhatt, EVP & CIDO, exercised or converted derivatives for 3,259 shares on Oct 24, 2026 and acquired those shares at $0.00 per share. The filing shows 1,338 of those shares were disposed to satisfy tax withholding at $332.09 per share for $444,336. The filing also lists a derivative disposition entry for 3,259 shares (amount not applicable).

Key details

• Transaction date: Oct 24, 2026. Prices reported: acquired at $0.00; tax-withheld shares disposed at $332.09 for $444,336.
• Shares owned after the transaction: not reported in this filing.
• Footnote: the filing notes these were Restricted Stock Units granted and credited on Oct 24, 2024 under the Norfolk Southern Corporation Long-Term Incentive Plan; each unit equals one share and this distribution is the second settlement of three installments.
• Filing timeliness: not indicated.

Why it may matter

• The filing shows a derivative exercise/conversion and a tax-withholding disposition, consistent with a cashless exercise (shares withheld to cover taxes).
  A filing does not show why the insider traded or why the company acted.