Paul C. Hilal - Feb 14, 2025 Form 4 Insider Report for CSX CORP (CSX)

Role
Director
Signature
/s/ Paul C. Hilal
Stock symbol
CSX
Transactions as of
Feb 14, 2025
Transactions value $
$190,009
Form type
4
Date filed
2/19/2025, 06:09 PM
Previous filing
Feb 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CSX Common Stock Award $190K +5.69K +10.83% $33.37 58.3K Feb 14, 2025 Direct F1
transaction CSX Common Stock Gift $0 -30K -51.47% $0.00 28.3K Feb 19, 2025 Direct F2
holding CSX Common Stock 1.45M Feb 14, 2025 See footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Exempt payment of director's fees and/or annual retainer in the form of CSX Common Stock pursuant to the 2019 CSX Stock and Incentive Award Plan.
F2 Shares contributed by Reporting Person to certain charitable organizations.
F3 By virtue of Reporting Person's position as ultimately controlling various entities that hold shares in CSX Corporation, Reporting Person may be deemed to be the beneficial owner of these shares for purposes of Rule 16a-1(a) under the Exchange Act. Reporting Person disclaims beneficial ownership of any of these shares, except to the extent of any pecuniary interest therein. Reporting Person continues to serve as a director and as Vice Chairman of the Board of CSX Corporation and as a result, the entities referenced in this footnote 3 are directors by deputization for purposes of Section 16 of the Exchange Act.