Form 4: Lori Ryerkerk Reports Acquisition of Restricted Stock Units in Norfolk Southern Corp

Sentiment:

SEC Form 4


Director Lori Ryerkerk reports acquisition of restricted stock units in Norfolk Southern Corporation through dividend equivalent payments.

Summary

  • Lori Ryerkerk, a director of Norfolk Southern Corp, reported a transaction on May 20, 2025.
  • The transaction involved the acquisition of 3.895 restricted stock units (RSUs) through the Norfolk Southern Corporation Long-Term Incentive Plan.
  • These RSUs were credited to the reporting person's account as dividend equivalent payments on existing RSUs.
  • The price per share used to calculate the dividend equivalent was $243.94.
  • Following the transaction, Ryerkerk directly owns 707.7054 derivative securities.
  • These units will ultimately be satisfied in common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing an insider transaction. It doesn't convey any particularly positive or negative sentiment.

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 holdings and transactions of company directors.

Stakeholder Impact

  • The transaction has a minimal direct impact on stakeholders, as it is a routine part of executive compensation.

Key Dates

DateDescription
05/20/2025Date of transaction: Acquisition of restricted stock units.
05/22/2025Date of report signature.

Keywords

Norfolk Southern Corp, Lori Ryerkerk, restricted stock units, Form 4, dividend equivalents, Long-Term Incentive Plan, insider trading

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