Form 4: Sameh Fahmy, Norfolk Southern Director, Reports Acquisition of Restricted Stock Units

Director Sameh Fahmy reports acquisition of restricted stock units in Norfolk Southern Corporation through a dividend equivalent payment.

Summary

• On February 20, 2025, Sameh Fahmy, a director of Norfolk Southern Corporation, acquired 6.3415 restricted stock units (RSUs) through the Norfolk Southern Corporation Long-Term Incentive Plan.
• These RSUs represent dividend equivalent payments on previously held RSUs and will be settled in common stock.
• The price of the common stock on the dividend payment date was $248.005.
• Following this transaction, Fahmy directly owns 1,171.3177 shares of Norfolk Southern common stock.

Sentiment

Score: 5

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

Future Outlook

The restricted stock units will ultimately be satisfied in common stock.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the compensation and ownership structure of Norfolk Southern's executives and directors.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding executive compensation.
• The acquisition of RSUs aligns the director's interests with those of the shareholders.

Key Dates

Keywords

Norfolk Southern, Director, Sameh Fahmy, Restricted Stock Units, Dividend Equivalent, Long-Term Incentive Plan, Beneficial Ownership, Form 4