Form 4: Norfolk Southern Director Acquires Deferred Stock Units

Director John C. Huffard Jr. acquired deferred stock units in Norfolk Southern Corporation's Directors' Deferred Fee Plan.

Summary

• On March 31, 2025, John C. Huffard Jr., a director of Norfolk Southern Corporation, acquired deferred stock units through the company's Directors' Deferred Fee Plan.
• The acquisition involved 202.6599 deferred stock units, credited to the reporting person's account based on the market value of the Common Stock on the last trading day of each quarter.
• The price per unit was $236.85.
• Following the transaction, Huffard directly owns 2,142.9503 deferred stock units.
• These units will be settled in cash upon the director's retirement or termination of service, or at another elected time under the plan's terms.

Sentiment

Score: 7

Explanation: The sentiment is neutral as it reflects a standard transaction related to director compensation. There are no indications of positive or negative implications for the company's performance.

Future Outlook

The deferred stock units will be settled in cash upon the director's retirement or termination of service, or at another elected time under the plan's terms.

Industry Context

This filing is a routine disclosure of a director's participation in a deferred compensation plan, which is a common practice among publicly traded companies to align the interests of directors with those of long-term shareholders.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders as it relates to director compensation and does not significantly alter the company's financial position.

Key Dates

Keywords

Form 4, Director, Deferred Stock Units, Norfolk Southern, NSC, Beneficial Ownership, Huffard, Directors' Deferred Fee Plan