AGÕæÈ˹ٷ½

STOCK TITAN

[Form 4] Norfolk Southern Corp. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Norfolk Southern Corp. (NSC) filed a Form 4 disclosing that director Richard H. Anderson received 200 Restricted Stock Units (RSUs) on 31 Jul 2025 under the company’s Long-Term Incentive Plan. Each RSU is economically equivalent to one common share and will vest in full one year after the grant date. After this routine equity award, Anderson now beneficially owns approximately 1,377.7999 derivative securities tied to NSC stock, held directly. No common shares were bought or sold, and the filing contains no indication of a 10b5-1 trading plan or any change in ownership form. This Form 4 therefore represents standard director compensation rather than a market-moving transaction.

Norfolk Southern Corp. (NSC) ha presentato un Modulo 4 che comunica che il direttore Richard H. Anderson ha ricevuto 200 Unità Azionarie Vincolate (RSU) il 31 luglio 2025 nell'ambito del Piano di Incentivi a Lungo Termine della società. Ogni RSU equivale economicamente a un'azione ordinaria e maturerà completamente un anno dopo la data di assegnazione. Dopo questo premio azionario ordinario, Anderson detiene ora beneficiariamente circa 1.377,7999 titoli derivati legati alle azioni NSC, detenuti direttamente. Non sono state acquistate né vendute azioni ordinarie, e il modulo non indica la presenza di un piano di trading 10b5-1 né alcuna modifica nella forma di proprietà. Pertanto, questo Modulo 4 rappresenta una normale compensazione per il direttore e non una transazione con impatto sul mercato.

Norfolk Southern Corp. (NSC) presentó un Formulario 4 informando que el director Richard H. Anderson recibió 200 Unidades de Acciones Restringidas (RSU) el 31 de julio de 2025 bajo el Plan de Incentivos a Largo Plazo de la compañía. Cada RSU es económicamente equivalente a una acción común y se consolidará completamente un año después de la fecha de otorgamiento. Tras esta asignación rutinaria de acciones, Anderson posee ahora beneficiosamente aproximadamente 1,377.7999 valores derivados vinculados a las acciones de NSC, mantenidos directamente. No se compraron ni vendieron acciones comunes, y el formulario no indica la existencia de un plan de negociación 10b5-1 ni cambios en la forma de propiedad. Por lo tanto, este Formulario 4 representa una compensación estándar para el director más que una operación que mueva el mercado.

Norfolk Southern Corp. (NSC)ëŠ� ì´ì‚¬ Richard H. Andersonê°€ 2025ë…� 7ì›� 31ì� 회사ì� 장기 ì¸ì„¼í‹°ë¸Œ 계íšì—� ë”°ë¼ 200ê°œì˜ ì œí•œ ì£¼ì‹ ë‹¨ìœ„(RSU)ë¥� 받았ìŒì„ 공시하는 Form 4ë¥� 제출했습니다. ê°� RSUëŠ� 보통ì£� 1ì£¼ì— ê²½ì œì ìœ¼ë¡� 해당하며, 부여ì¼ë¡œë¶€í„� 1ë…� í›„ì— ì „ì•¡ ì·¨ë“ë©ë‹ˆë‹�. ì� ì¼ìƒì ì¸ ì£¼ì‹ ë³´ìƒ í›� Andersonì€ í˜„ìž¬ NSC 주ì‹ê³� 연계ë� ì•� 1,377.7999ê°œì˜ íŒŒìƒ ì¦ê¶Œì� ì§ì ‘ 보유하고 있습니다. 보통ì£� 매매ëŠ� 없었으며, 제출서ì—ëŠ� 10b5-1 거래 계íšì´ë‚˜ 소유ê¶� 형태 ë³€ê²½ì— ëŒ€í•� 언급ì� 없습니다. ë”°ë¼ì„� ì� Form 4ëŠ� 시장ì—� ì˜í–¥ì� 미치ëŠ� 거래가 아닌 표준 ì´ì‚¬ ë³´ìƒì� 나타냅니ë‹�.

Norfolk Southern Corp. (NSC) a déposé un formulaire 4 révélant que le directeur Richard H. Anderson a reçu 200 unités d'actions restreintes (RSU) le 31 juillet 2025 dans le cadre du Plan d'incitation à long terme de la société. Chaque RSU équivaut économiquement à une action ordinaire et sera entièrement acquise un an après la date d'attribution. Après cette attribution d'actions habituelle, Anderson détient désormais bénéficiairement environ 1 377,7999 titres dérivés liés aux actions NSC, détenus directement. Aucune action ordinaire n'a été achetée ou vendue, et le dépôt ne fait état d'aucun plan de négociation 10b5-1 ni de changement de forme de propriété. Ce formulaire 4 représente donc une rémunération standard pour un administrateur plutôt qu'une transaction susceptible d'influencer le marché.

Norfolk Southern Corp. (NSC) reichte ein Formular 4 ein, in dem offengelegt wird, dass der Direktor Richard H. Anderson am 31. Juli 2025 200 Restricted Stock Units (RSUs) im Rahmen des langfristigen Anreizplans des Unternehmens erhalten hat. Jede RSU entspricht wirtschaftlich einer Stammaktie und wird ein Jahr nach dem Zuteilungsdatum vollständig unverfallbar. Nach dieser routinemäßigen Aktienzuteilung besitzt Anderson nun wirtschaftlich etwa 1.377,7999 derivative Wertpapiere, die an NSC-Aktien gebunden sind und direkt gehalten werden. Es wurden keine Stammaktien gekauft oder verkauft, und die Einreichung enthält keinen Hinweis auf einen 10b5-1-Handelsplan oder eine Änderung der Eigentumsform. Dieses Formular 4 stellt daher eine standardmäßige Vergütung für Direktoren dar und keine marktrelevante Transaktion.

Positive
  • None.
Negative
  • None.

Insights

TL;DR â€� 200-unit RSU grant to NSC director is routine; negligible valuation impact.

The filing shows a modest equity grant to non-executive director Richard Anderson, consistent with typical board compensation practices. The 200 RSUs equate to less than 0.0001% of NSC’s outstanding shares, offering minimal dilution. There are no open-market purchases or sales, so the transaction does not signal insider sentiment. Overall, this disclosure is governance-related housekeeping with neutral impact on the investment thesis.

Norfolk Southern Corp. (NSC) ha presentato un Modulo 4 che comunica che il direttore Richard H. Anderson ha ricevuto 200 Unità Azionarie Vincolate (RSU) il 31 luglio 2025 nell'ambito del Piano di Incentivi a Lungo Termine della società. Ogni RSU equivale economicamente a un'azione ordinaria e maturerà completamente un anno dopo la data di assegnazione. Dopo questo premio azionario ordinario, Anderson detiene ora beneficiariamente circa 1.377,7999 titoli derivati legati alle azioni NSC, detenuti direttamente. Non sono state acquistate né vendute azioni ordinarie, e il modulo non indica la presenza di un piano di trading 10b5-1 né alcuna modifica nella forma di proprietà. Pertanto, questo Modulo 4 rappresenta una normale compensazione per il direttore e non una transazione con impatto sul mercato.

Norfolk Southern Corp. (NSC) presentó un Formulario 4 informando que el director Richard H. Anderson recibió 200 Unidades de Acciones Restringidas (RSU) el 31 de julio de 2025 bajo el Plan de Incentivos a Largo Plazo de la compañía. Cada RSU es económicamente equivalente a una acción común y se consolidará completamente un año después de la fecha de otorgamiento. Tras esta asignación rutinaria de acciones, Anderson posee ahora beneficiosamente aproximadamente 1,377.7999 valores derivados vinculados a las acciones de NSC, mantenidos directamente. No se compraron ni vendieron acciones comunes, y el formulario no indica la existencia de un plan de negociación 10b5-1 ni cambios en la forma de propiedad. Por lo tanto, este Formulario 4 representa una compensación estándar para el director más que una operación que mueva el mercado.

Norfolk Southern Corp. (NSC)ëŠ� ì´ì‚¬ Richard H. Andersonê°€ 2025ë…� 7ì›� 31ì� 회사ì� 장기 ì¸ì„¼í‹°ë¸Œ 계íšì—� ë”°ë¼ 200ê°œì˜ ì œí•œ ì£¼ì‹ ë‹¨ìœ„(RSU)ë¥� 받았ìŒì„ 공시하는 Form 4ë¥� 제출했습니다. ê°� RSUëŠ� 보통ì£� 1ì£¼ì— ê²½ì œì ìœ¼ë¡� 해당하며, 부여ì¼ë¡œë¶€í„� 1ë…� í›„ì— ì „ì•¡ ì·¨ë“ë©ë‹ˆë‹�. ì� ì¼ìƒì ì¸ ì£¼ì‹ ë³´ìƒ í›� Andersonì€ í˜„ìž¬ NSC 주ì‹ê³� 연계ë� ì•� 1,377.7999ê°œì˜ íŒŒìƒ ì¦ê¶Œì� ì§ì ‘ 보유하고 있습니다. 보통ì£� 매매ëŠ� 없었으며, 제출서ì—ëŠ� 10b5-1 거래 계íšì´ë‚˜ 소유ê¶� 형태 ë³€ê²½ì— ëŒ€í•� 언급ì� 없습니다. ë”°ë¼ì„� ì� Form 4ëŠ� 시장ì—� ì˜í–¥ì� 미치ëŠ� 거래가 아닌 표준 ì´ì‚¬ ë³´ìƒì� 나타냅니ë‹�.

Norfolk Southern Corp. (NSC) a déposé un formulaire 4 révélant que le directeur Richard H. Anderson a reçu 200 unités d'actions restreintes (RSU) le 31 juillet 2025 dans le cadre du Plan d'incitation à long terme de la société. Chaque RSU équivaut économiquement à une action ordinaire et sera entièrement acquise un an après la date d'attribution. Après cette attribution d'actions habituelle, Anderson détient désormais bénéficiairement environ 1 377,7999 titres dérivés liés aux actions NSC, détenus directement. Aucune action ordinaire n'a été achetée ou vendue, et le dépôt ne fait état d'aucun plan de négociation 10b5-1 ni de changement de forme de propriété. Ce formulaire 4 représente donc une rémunération standard pour un administrateur plutôt qu'une transaction susceptible d'influencer le marché.

Norfolk Southern Corp. (NSC) reichte ein Formular 4 ein, in dem offengelegt wird, dass der Direktor Richard H. Anderson am 31. Juli 2025 200 Restricted Stock Units (RSUs) im Rahmen des langfristigen Anreizplans des Unternehmens erhalten hat. Jede RSU entspricht wirtschaftlich einer Stammaktie und wird ein Jahr nach dem Zuteilungsdatum vollständig unverfallbar. Nach dieser routinemäßigen Aktienzuteilung besitzt Anderson nun wirtschaftlich etwa 1.377,7999 derivative Wertpapiere, die an NSC-Aktien gebunden sind und direkt gehalten werden. Es wurden keine Stammaktien gekauft oder verkauft, und die Einreichung enthält keinen Hinweis auf einen 10b5-1-Handelsplan oder eine Änderung der Eigentumsform. Dieses Formular 4 stellt daher eine standardmäßige Vergütung für Direktoren dar und keine marktrelevante Transaktion.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
ANDERSON RICHARD H

(Last) (First) (Middle)
650 W PEACHTREE ST NW

(Street)
ATLANTA GA 30308

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
NORFOLK SOUTHERN CORP [ NSC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
07/31/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 07/31/2025 A 200(1) (1) (1) Common Stock 200 (1) 1,377.7999 D
Explanation of Responses:
1. Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on July 31, 2025, specified under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units will be settled in Norfolk Southern Corporation Common Stock, vesting in full on the first anniversary of the grant date.
J. Jeremy Ballard via P.O.A. for Richard H. Anderson 08/04/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did the 4 August 2025 Form 4 for NSC report?

It reported a grant of 200 Restricted Stock Units to director Richard H. Anderson.

How many RSUs were awarded to Norfolk Southern director Richard Anderson?

He received 200 RSUs on 31 July 2025.

When do the reported RSUs for NSC vest?

The units vest in full on the first anniversary of the 31 July 2025 grant date.

Did the Form 4 include any sale or purchase of NSC common shares?

No; the filing reflects only an equity compensation grant, with no share sales or purchases.

How many derivative securities does Anderson own after this transaction?

He beneficially owns about 1,377.7999 derivative securities tied to NSC stock.

Does the filing reference a Rule 10b5-1 trading plan?

No; there is no indication that the transaction was made under a 10b5-1 plan.
Norfolk Southern

NYSE:NSC

NSC Rankings

NSC Latest News

NSC Latest SEC Filings

NSC Stock Data

62.79B
224.20M
0.07%
79.7%
1.19%
Railroads
Railroads, Line-haul Operating
United States
ATLANTA