Michael S. Burns - 14 Feb 2025 Form 4 Insider Report for CSX CORP (CSX)

Role
SVP - CLO & Corp Secy
Signature
/s/ Tammy D. Butler, Attorney-in-Fact
Issuer symbol
CSX
Transactions as of
14 Feb 2025
Transactions value $
-$35,973
Form type
4
Filing time
19 Feb 2025, 20:34:59 UTC
Previous filing
28 Jan 2025
Next filing
22 Oct 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 -$22,224 -666 -1.6% $33.37 40,247 14 Feb 2025 Direct F1, F2
transaction CSX Common Stock Tax liability -$5,372 -161 -0.4% $33.37 40,100 14 Feb 2025 Direct F1, F3
transaction CSX Common Stock Tax liability -$8,375 -251 -0.63% $33.37 39,855 14 Feb 2025 Direct F1, F4
transaction CSX Common Stock Award $0 +9,590 +24% $0 49,445 14 Feb 2025 Direct F5
holding CSX Common Stock 1,748 14 Feb 2025 CSX Corporation 401(k) Plan F6

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 +31,500 $0 31,500 14 Feb 2025 Common Stock 31,500 $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 88 shares acquired through the reinvestment of dividends since February 16, 2022, the grant date of the restricted stock units ("RSUs").
F3 Includes 14 shares acquired through the reinvestment of dividends since February 15, 2023, the grant date of the RSUs.
F4 Includes 6 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 option vests in three equal installments on February 14, 2026, February 14, 2027 and February 14, 2028.