Form 4: Norfolk Southern Director Sameh Fahmy Reports Stock Transaction
SEC Form 4 Filing
Director Sameh Fahmy of Norfolk Southern Corp. reports the acquisition and disposal of company stock on June 14, 2024.
Summary
- On June 14, 2024, Sameh Fahmy, a director of Norfolk Southern Corp, engaged in a transaction involving the company's common stock.
- Fahmy acquired 2,000 shares of common stock at a price of $219.25 per share.
- Following the transaction, Fahmy disposed of 7,000 shares.
- After the reported transactions, Fahmy beneficially owns 7,000 shares of Norfolk Southern Corp.
- The transactions were reported on a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a director's stock transactions, which is neutral in sentiment.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common for directors and officers of publicly traded companies. It provides transparency to investors regarding the trading activities of company insiders.
Stakeholder Impact
- The transaction may have a minor impact on shareholders as it reflects insider trading activity, but the volume is relatively small.
Key Dates
| Date | Description |
|---|---|
| 06/14/2024 | Date of stock transaction (acquisition and disposal). |
| 06/17/2024 | Date of signature on the report. |
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