Kevin S. Boone - Feb 14, 2025 Form 4 Insider Report for CSX CORP (CSX)

Role
EVP & CCO
Signature
/s/ Tammy D. Butler, Attorney-in-Fact
Stock symbol
CSX
Transactions as of
Feb 14, 2025
Transactions value $
-$465,311
Form type
4
Date filed
2/19/2025, 08:32 PM
Previous filing
Jan 28, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CSX Common Stock Tax liability -$300K -8.98K -4.69% $33.37 183K Feb 14, 2025 Direct F1, F2
transaction CSX Common Stock Tax liability -$89.5K -2.68K -1.47% $33.37 180K Feb 14, 2025 Direct F1, F3
transaction CSX Common Stock Tax liability -$76.2K -2.28K -1.27% $33.37 178K Feb 14, 2025 Direct F1, F4
transaction CSX Common Stock Award $0 +18.9K +10.61% $0.00 197K Feb 14, 2025 Direct F5
holding CSX Common Stock 1.73K Feb 14, 2025 CSX Corporation 401(k) Plan F6
holding CSX Common Stock 1.5K Feb 14, 2025 Spouse's IRA

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CSX Option Award $0 +62K $0.00 62K Feb 14, 2025 Common Stock 62K $33.37 Direct F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Withholding of stock to satisfy tax obligation.
F2 Includes 894 shares acquired through the reinvestment of dividends since February 16, 2022, the grant date of the restricted stock units ("RSUs").
F3 Includes 185 shares acquired through the reinvestment of dividends since February 15, 2023, the grant date of the RSUs.
F4 Includes 81 shares acquired through the reinvestment of dividends since February 16, 2024, the grant date of the RSUs.
F5 Restricted stock units awarded pursuant to the CSX Corporation 2025-2027 Long-Term Incentive Plan. The units vest in three equal installments on February 14, 2026, February 14, 2027 and February 14, 2028.
F6 By Trustee, CSX Corporation Savings Thrift Plan. The number reflects equivalent shares of cash value held in CSX Stock Fund, which amounts will fluctuate dependent upon daily net asset value of the fund.
F7 Options awarded pursuant to the CSX Corporation 2025-2027 Long-Term Incentive Plan.
F8 The options vest in three equal installments on February 14, 2026, February 14, 2027 and February 14, 2028.