Form 4: CSX Corp Executive Stephen Fortune Reports Stock Transaction
SEC Form 4 Filing
EVP Stephen Fortune of CSX Corp reports the withholding of stock to cover tax obligations on April 1, 2025.
Summary
- On April 1, 2025, Stephen Fortune, an Executive Vice President at CSX Corp, reported a transaction involving common stock.
- The transaction involved the withholding of 5,024 shares to satisfy tax obligations at a price of $29.54 per share.
- Following the transaction, Fortune directly owns 79,432 shares of CSX Corp common stock, which includes 517 shares acquired through dividend reinvestments since April 1, 2022.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, with no inherent positive or negative sentiment. It simply reports a transaction.
Industry Context
This is a routine Form 4 filing, reflecting standard executive compensation practices related to stock-based compensation and tax obligations.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine tax withholding.
Key Dates
| Date | Description |
|---|---|
| 04/01/2022 | Grant date of restricted stock units, used to calculate dividend reinvestment. |
| 04/01/2025 | Date of the reported stock transaction (tax withholding). |
Keywords
CSX Corp, Stephen Fortune, stock transaction, Form 4, beneficial ownership, tax withholding, dividend reinvestment
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