Form 4: CSX Director J Steven Whisler Acquires Shares Through Deferred Compensation Plan

Director J Steven Whisler acquired 1,165 shares of CSX common stock through the company's deferred compensation plan.

Summary

• On June 14, 2024, J Steven Whisler, a director of CSX Corp, acquired 1,165 shares of CSX common stock.
• The acquisition was part of an 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.
• The price per share was $32.18.
• Following the transaction, Whisler directly owns 126,354 shares and indirectly owns 75,136 shares through the CSX Corporation Directors Deferred Compensation Plan.
• The indirect shares include 236 shares acquired through dividend reinvestment since March 15, 2024.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a routine transaction. The director's acquisition of shares can be seen as a slightly positive signal, but it's part of a compensation plan.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future performance.

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 insiders and their holdings in the company's stock.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it signals confidence from a company director.

Key Dates