Form 4: Norfolk Southern Director John C. Huffard Jr. Reports Acquisition of Deferred and Restricted Stock Units

Director John C. Huffard Jr. reports acquisition of deferred and restricted stock units in Norfolk Southern Corporation through dividend reinvestments and long-term incentive plans.

Summary

• John C. Huffard Jr., a director of Norfolk Southern Corporation, reported changes in beneficial ownership.
• On May 20, 2025, Huffard acquired 11.8526 deferred stock units through dividend reinvestments in the Directors' Deferred Fee Plan, priced at $244.08 per unit, resulting in a total of 2,154.8029 deferred stock units held directly.
• Additionally, Huffard acquired 25.1187 restricted stock units through dividend equivalent payments in the Long-Term Incentive Plan, priced at $243.94 per unit, resulting in a total of 4,563.9757 restricted stock units held directly.
• The deferred stock units will be settled in cash upon retirement or as elected under the plan terms, while the restricted stock units will be settled in common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard compensation practices and alignment of director interests with shareholders.

Positives

• The acquisition of stock units reflects ongoing participation in Norfolk Southern's compensation plans.
• Dividend reinvestments and long-term incentive plans align director's interests with shareholder value.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The report provides transparency to shareholders regarding director compensation and ownership.

Key Dates

Keywords

Form 4, Beneficial Ownership, Norfolk Southern, NSC, Director, Huffard, Deferred Stock Units, Restricted Stock Units, Dividend Reinvestment, Long-Term Incentive Plan