Michael S. Burns - 20 Oct 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
20 Oct 2025
Transactions value $
-$403,330
Form type
4
Filing time
22 Oct 2025, 16:30:05 UTC
Previous filing
19 Feb 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Burns Michael S. SVP - CLO & Corp Secy 500 WATER STREET, JACKSONVILLE /s/ Tammy D. Butler, Attorney-in-Fact 22 Oct 2025 0002051357

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CSX Common Stock Options Exercise $235,139 +13,107 +25% $17.94 64,747 20 Oct 2025 Direct F1, F2
transaction CSX Common Stock Options Exercise $252,923 +11,142 +17% $22.7 75,889 20 Oct 2025 Direct
transaction CSX Common Stock Sale -$891,393 -24,249 -32% $36.76 51,640 20 Oct 2025 Direct F3
holding CSX Common Stock 1,769 20 Oct 2025 CSX Corporation 401(k) Plan F4

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 Options Exercise $0 -13,107 -100% $0 0 20 Oct 2025 Common Stock 13,107 $17.94 Direct
transaction CSX Option Options Exercise $0 -11,142 -100% $0 0 20 Oct 2025 Common Stock 11,142 $22.7 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 704 shares acquired under the CSX Employee Stock Purchase Plan in June 30, 2025.
F2 The total number of shares beneficially owned is being updated to reflect that certain shares were mistakenly incorrectly reported on the Reporting Person's Form 3 filed on January 10, 2025.
F3 Weighted average price, as these shares were sold in multiple transactions at prices ranging from $36.76 to $36.77, inclusive. The Reporting Person undertakes to provide to CSX Corporation, any security holder of CSX Corporation, or the staff of the Securities and Exchange Commission, upon request, additional information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 By Trustee, CSX Corporation Savings Thrift Plan. The number reflects equivalent shares of case value held in the CSX Stock Fund, which amounts will fluctuate dependent upon the daily net asset value of the fund.