Form 4: CSX Director J Steven Whisler Acquires Shares Through Deferred Compensation Plan
SEC Form 4 Filing
Director J Steven Whisler acquired 1,250 shares of CSX common stock through the CSX Directors Deferred Compensation Plan.
Summary
- On March 14, 2025, J Steven Whisler, a director of CSX CORP, acquired 1,250 shares of 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 $30.01.
- Following the transaction, Whisler directly owns 126,354 shares and indirectly owns 85,151 shares through the CSX Corporation Directors Deferred Compensation Plan.
- The shares held in the deferred compensation plan are payable after the reporting person ceases to be a director or otherwise pursuant to the applicable deferral election under the Plan.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reflects a routine transaction related to director compensation. The acquisition of shares by a director is generally viewed as a positive sign, but it's not a major event.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future performance.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company directors and officers.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it signals confidence from a company director.
Key Dates
| Date | Description |
|---|---|
| 03/14/2025 | Date of transaction: J Steven Whisler acquired 1,250 shares of CSX common stock. |
| 03/17/2025 | Date of signature on the Form 4 filing. |
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