Form 4: CSX Director Ann D. Begeman Reports Acquisition of Common Stock
SEC Form 4 Filing
Director Ann D. Begeman reports acquiring 5,694 shares of CSX Corp common stock on February 14, 2025, through exempt payment of director's fees.
Summary
- On February 14, 2025, Ann D. Begeman, a director of CSX Corp, acquired 5,694 shares of common stock.
- The acquisition was part of an exempt payment of director's fees and/or annual retainer under the 2019 CSX Stock and Incentive Award Plan.
- The price per share was $0.
- Following the transaction, Begeman directly owns 5,694 shares of CSX common stock.
- Begeman also indirectly owns 1,594 shares through a Self-Employed 401(k) plan.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard disclosure of stock acquisition by a director as part of their compensation. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Positives
- The acquisition of shares by a director can be seen as a positive signal, indicating confidence in the company's future.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company directors.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it signals director confidence.
Key Dates
| Date | Description |
|---|---|
| 02/14/2025 | Date of transaction: Ann D. Begeman acquired CSX Common Stock. |
| 02/19/2025 | Date of report filing. |
Keywords
CSX, Director, Stock Acquisition, Form 4, Beneficial Ownership, Ann D. Begeman, Common Stock, Director Fees, 401(k)
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