Form 4: Norfolk Southern Director Richard H. Anderson Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Director Richard H. Anderson reports acquisition of deferred stock units in Norfolk Southern Corporation through dividend reinvestment.

Summary

  • Richard H. Anderson, a director of Norfolk Southern Corp, filed a Form 4 on January 3, 2025, reporting changes in beneficial ownership.
  • The transaction occurred on December 31, 2024.
  • Anderson acquired 149.1265 deferred stock units through a deemed reinvestment of dividends within the Norfolk Southern Corporation Directors' Deferred Fee Plan.
  • The price per unit was $234.7.
  • Following the transaction, Anderson directly owns 455.5005 deferred stock units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't contain information that would significantly sway investor sentiment positively or negatively.

Future Outlook

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

Industry Context

This filing is a routine disclosure related to director compensation and investment in company stock, common in publicly traded companies.

Stakeholder Impact

  • The transaction reflects the director's continued investment in the company, which could be viewed positively by shareholders.

Key Dates

DateDescription
12/31/2024Transaction date: Acquisition of deferred stock units.
01/03/2025Date of Form 4 filing.

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