CSX.NASDAQCsx CORP

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

Sentiment:

SEC Form 4 Filing


๐Ÿ“‹All filings for Csx CORP

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

DateDescription
03/14/2025Date of transaction: J Steven Whisler acquired 1,250 shares of CSX common stock.
03/17/2025Date of signature on the Form 4 filing.

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