Richard H. Anderson - Jul 31, 2025 Form 4 Insider Report for NORFOLK SOUTHERN CORP (NSC)

Role: Director
Signature: J. Jeremy Ballard via P.O.A. for Richard H. Anderson
Stock symbol: NSC
Transactions as of: Jul 31, 2025
Transactions value $: $0
Form type: 4
Date filed: 8/4/2025, 03:29 PM
Previous filing: May 22, 2025
Next filing: Aug 22, 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
ANDERSON RICHARD H	Director	650 W PEACHTREE ST NW, ATLANTA	J. Jeremy Ballard via P.O.A. for Richard H. Anderson	2025-08-04	0001200334

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	NSC	Restricted Stock Units	Award		+200	+16.98%		1.38K	Jul 31, 2025	Common Stock	200		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on July 31, 2025, specified under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units will be settled in Norfolk Southern Corporation Common Stock, vesting in full on the first anniversary of the grant date.

Content

Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on July 31, 2025, specified under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units will be settled in Norfolk Southern Corporation Common Stock, vesting in full on the first anniversary of the grant date.