Sean R. Pelkey - Feb 14, 2025 Form 4 Insider Report for CSX CORP (CSX)

Role
EVP & CFO
Signature
/s/ Tammy D. Butler, Attorney-in-Fact
Stock symbol
CSX
Transactions as of
Feb 14, 2025
Transactions value $
-$343,477
Form type
4
Date filed
2/19/2025, 08:47 PM
Previous filing
Jan 28, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CSX Common Stock Tax liability -$221K -6.63K -6.6% $33.37 93.7K Feb 14, 2025 Direct F1, F2
transaction CSX Common Stock Tax liability -$66.1K -1.98K -2.11% $33.37 91.9K Feb 14, 2025 Direct F1, F3
transaction CSX Common Stock Tax liability -$56.2K -1.69K -1.83% $33.37 90.3K Feb 14, 2025 Direct F1, F4
transaction CSX Common Stock Award $0 +16.5K +18.26% $0.00 107K Feb 14, 2025 Direct F5
holding CSX Common Stock 1.03K Feb 14, 2025 CSX Corporation 401(k) Plan F6
holding CSX Common Stock 31.4K Feb 14, 2025 CSX Corporation Executive Deferred Compensation Plan F7, F8

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 +54.1K $0.00 54.1K Feb 14, 2025 Common Stock 54.1K $33.37 Direct F9, F10
* 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 660 shares acquired through the reinvestment of dividends since February 16, 2022, the grant date of the restricted stock units ("RSUs").
F3 Includes 137 shares acquired through the reinvestment of dividends since February 15, 2023, the grant date of the RSUs.
F4 Includes 59 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 Includes 304 shares acquired through the reinvestment of dividends since January 26, 2025, the date of the last reportable transaction.
F8 By Trustee, CSX Corporation Executive Deferred Compensation Plan.
F9 Options awarded pursuant to the CSX Corporation 2025-2027 Long-Term Incentive Plan.
F10 The option vests in three equal installments on February 14, 2026, February 14, 2027 and February 14, 2028.