[Form 4] Norfolk Southern Corp. Insider Trading Activity
Richard H. Anderson, a director of Norfolk Southern Corporation (NSC), reported dividend-equivalent crediting of equity-based units on 08/20/2025. The filing shows 3.9886 deferred stock units (priced at $285.49) credited under the Directors' Deferred Fee Plan that will be settled in cash when paid out, and 6.4839 restricted stock units (priced at $286.87) credited under the Long-Term Incentive Plan that will be settled in common stock. The Form 4 was signed via power of attorney on 08/22/2025. The disclosure describes these entries as dividend reinvestment or dividend equivalent payments on previously held units.
Richard H. Anderson, membro del consiglio di Norfolk Southern Corporation (NSC), ha registrato il riconoscimento di equivalenti di dividendo su unit脿 basate su azioni il 20/08/2025. La comunicazione indica che sono state accreditate 3,9886 deferred stock units (valutate $285,49) nell'ambito del Directors' Deferred Fee Plan, che saranno liquidate in contanti al momento del pagamento, e 6,4839 restricted stock units (valutate $286,87) nell'ambito del Long-Term Incentive Plan, che saranno liquidate in azioni ordinarie. Il Modulo 4 猫 stato firmato per procura il 22/08/2025. La dichiarazione descrive tali voci come reinvestimento dei dividendi o pagamenti equivalenti su unit脿 detenute precedentemente.
Richard H. Anderson, miembro del consejo de Norfolk Southern Corporation (NSC), inform贸 el reconocimiento de equivalentes de dividendo sobre unidades basadas en acciones el 20/08/2025. La presentaci贸n muestra que se acreditaron 3,9886 deferred stock units (valoradas en $285,49) bajo el Directors' Deferred Fee Plan, que se liquidar谩n en efectivo al pagarse, y 6,4839 restricted stock units (valoradas en $286,87) bajo el Long-Term Incentive Plan, que se liquidar谩n en acciones ordinarias. El Formulario 4 fue firmado por poder el 22/08/2025. La divulgaci贸n describe estas anotaciones como reinversi贸n de dividendos o pagos equivalentes sobre unidades previamente pose铆das.
Richard H. Anderson, Norfolk Southern Corporation(NSC) 鞚挫偓, 欤检嫕 旮半皹 雼渼鞐� 雽�頃� 氚半嫻旮� 霃欕摫 鞝侂鞚� 2025-08-20鞐� 氤搓碃頄堨姷雼堧嫟. 鞝滌稖靹滌棎電� Directors' Deferred Fee Plan鞐愳劀 $285.493.9886 deferred stock units臧� 鞝侂霅橃柎 歆�旮� 鞁� 顺勱笀鞙茧 鞝曥偘霅� 鞓堨爼鞚措┌, Long-Term Incentive Plan鞐愳劀電� $286.876.4839 restricted stock units臧� 鞝侂霅橃柎 氤错喌欤�搿� 鞝曥偘霅� 鞓堨爼鞚措澕瓿� 雮橃檧 鞛堨姷雼堧嫟. Form 4電� 2025-08-22鞐� 鞙勳瀯鞛レ潉 韱淀暣 靹滊獏霅橃棃鞀惦媹雼�. 瓿店皽 雮挫毄鞚� 鞚措煬頃� 頃鞚� 旮办〈鞐� 氤挫湢頃� 雼渼鞐� 雽�頃� 氚半嫻 鞛埇鞛� 霕愲姅 氚半嫻旮� 霃欕摫 歆�旮夓溂搿� 靹る獏頃橁碃 鞛堨姷雼堧嫟.
Richard H. Anderson, administrateur de Norfolk Southern Corporation (NSC), a signal茅 le cr茅dit d'茅quivalents de dividendes sur des unit茅s en actions le 20/08/2025. Le d茅p么t indique que 3,9886 deferred stock units (valoris茅es 脿 285,49 $) ont 茅t茅 cr茅dit茅es au titre du Directors' Deferred Fee Plan et seront r茅gl茅es en 别蝉辫猫肠别蝉 lors du paiement, et que 6,4839 restricted stock units (valoris茅es 脿 286,87 $) ont 茅t茅 cr茅dit茅es au titre du Long-Term Incentive Plan et seront r茅gl茅es en actions ordinaires. Le formulaire 4 a 茅t茅 sign茅 par procuration le 22/08/2025. La d茅claration d茅crit ces entr茅es comme un r茅investissement de dividendes ou des paiements 茅quivalents sur des unit茅s d茅tenues ant茅rieurement.
Richard H. Anderson, ein Direktor der Norfolk Southern Corporation (NSC), meldete am 20.08.2025 die Gutschrift von Dividenden盲quivalenten auf aktienbasierte Einheiten. Die Einreichung weist 3,9886 deferred stock units (bewertet mit $285,49) aus, die im Rahmen des Directors' Deferred Fee Plan gutgeschrieben wurden und bei Auszahlung in Bargeld abgewickelt werden, sowie 6,4839 restricted stock units (bewertet mit $286,87) unter dem Long-Term Incentive Plan, die in Stammaktien abgewickelt werden. Das Formular 4 wurde am 22.08.2025 per Vollmacht unterschrieben. Die Offenlegung beschreibt diese Posten als Dividendenreinvestition oder Dividenden盲quivalente auf zuvor gehaltene Einheiten.
- Dividend-equivalent credits disclosed for both deferred stock units and restricted stock units, showing clear plan-based compensation treatment
- Settlement form explicitly stated: deferred stock units will be satisfied in cash and restricted stock units will be satisfied in common stock, aiding transparency
- None.
Insights
TL;DR: Report discloses routine dividend-equivalent credits to a director's equity plans; not a sale or open-market trade.
The Form 4 records dividend-equivalent accruals rather than purchases or dispositions of shares. Deferred stock units (3.9886) are credited to the Directors' Deferred Fee Plan and will be satisfied in cash, which affects future cash obligations rather than current share count. Restricted stock units (6.4839) are credited as dividend equivalents under the Long-Term Incentive Plan and will be settled in common stock, increasing potential future share issuance when settled. These entries are administrative compensation accounting items and do not reflect market transactions by the reporting person.
TL;DR: Filing documents routine director compensation mechanics鈥攄ividend equivalents credited to equity-based plans.
The disclosure explicitly ties the credited units to plan mechanics: deemed reinvestment of dividends for deferred stock units and dividend equivalents for restricted stock units. The Form 4 clarifies settlement forms: cash for deferred units and common stock for RSUs. From a governance perspective, these entries are standard plan administration items that should be disclosed under Section 16 rules to maintain transparency about insider holdings and potential dilution upon RSU settlement.
Richard H. Anderson, membro del consiglio di Norfolk Southern Corporation (NSC), ha registrato il riconoscimento di equivalenti di dividendo su unit脿 basate su azioni il 20/08/2025. La comunicazione indica che sono state accreditate 3,9886 deferred stock units (valutate $285,49) nell'ambito del Directors' Deferred Fee Plan, che saranno liquidate in contanti al momento del pagamento, e 6,4839 restricted stock units (valutate $286,87) nell'ambito del Long-Term Incentive Plan, che saranno liquidate in azioni ordinarie. Il Modulo 4 猫 stato firmato per procura il 22/08/2025. La dichiarazione descrive tali voci come reinvestimento dei dividendi o pagamenti equivalenti su unit脿 detenute precedentemente.
Richard H. Anderson, miembro del consejo de Norfolk Southern Corporation (NSC), inform贸 el reconocimiento de equivalentes de dividendo sobre unidades basadas en acciones el 20/08/2025. La presentaci贸n muestra que se acreditaron 3,9886 deferred stock units (valoradas en $285,49) bajo el Directors' Deferred Fee Plan, que se liquidar谩n en efectivo al pagarse, y 6,4839 restricted stock units (valoradas en $286,87) bajo el Long-Term Incentive Plan, que se liquidar谩n en acciones ordinarias. El Formulario 4 fue firmado por poder el 22/08/2025. La divulgaci贸n describe estas anotaciones como reinversi贸n de dividendos o pagos equivalentes sobre unidades previamente pose铆das.
Richard H. Anderson, Norfolk Southern Corporation(NSC) 鞚挫偓, 欤检嫕 旮半皹 雼渼鞐� 雽�頃� 氚半嫻旮� 霃欕摫 鞝侂鞚� 2025-08-20鞐� 氤搓碃頄堨姷雼堧嫟. 鞝滌稖靹滌棎電� Directors' Deferred Fee Plan鞐愳劀 $285.493.9886 deferred stock units臧� 鞝侂霅橃柎 歆�旮� 鞁� 顺勱笀鞙茧 鞝曥偘霅� 鞓堨爼鞚措┌, Long-Term Incentive Plan鞐愳劀電� $286.876.4839 restricted stock units臧� 鞝侂霅橃柎 氤错喌欤�搿� 鞝曥偘霅� 鞓堨爼鞚措澕瓿� 雮橃檧 鞛堨姷雼堧嫟. Form 4電� 2025-08-22鞐� 鞙勳瀯鞛レ潉 韱淀暣 靹滊獏霅橃棃鞀惦媹雼�. 瓿店皽 雮挫毄鞚� 鞚措煬頃� 頃鞚� 旮办〈鞐� 氤挫湢頃� 雼渼鞐� 雽�頃� 氚半嫻 鞛埇鞛� 霕愲姅 氚半嫻旮� 霃欕摫 歆�旮夓溂搿� 靹る獏頃橁碃 鞛堨姷雼堧嫟.
Richard H. Anderson, administrateur de Norfolk Southern Corporation (NSC), a signal茅 le cr茅dit d'茅quivalents de dividendes sur des unit茅s en actions le 20/08/2025. Le d茅p么t indique que 3,9886 deferred stock units (valoris茅es 脿 285,49 $) ont 茅t茅 cr茅dit茅es au titre du Directors' Deferred Fee Plan et seront r茅gl茅es en 别蝉辫猫肠别蝉 lors du paiement, et que 6,4839 restricted stock units (valoris茅es 脿 286,87 $) ont 茅t茅 cr茅dit茅es au titre du Long-Term Incentive Plan et seront r茅gl茅es en actions ordinaires. Le formulaire 4 a 茅t茅 sign茅 par procuration le 22/08/2025. La d茅claration d茅crit ces entr茅es comme un r茅investissement de dividendes ou des paiements 茅quivalents sur des unit茅s d茅tenues ant茅rieurement.
Richard H. Anderson, ein Direktor der Norfolk Southern Corporation (NSC), meldete am 20.08.2025 die Gutschrift von Dividenden盲quivalenten auf aktienbasierte Einheiten. Die Einreichung weist 3,9886 deferred stock units (bewertet mit $285,49) aus, die im Rahmen des Directors' Deferred Fee Plan gutgeschrieben wurden und bei Auszahlung in Bargeld abgewickelt werden, sowie 6,4839 restricted stock units (bewertet mit $286,87) unter dem Long-Term Incentive Plan, die in Stammaktien abgewickelt werden. Das Formular 4 wurde am 22.08.2025 per Vollmacht unterschrieben. Die Offenlegung beschreibt diese Posten als Dividendenreinvestition oder Dividenden盲quivalente auf zuvor gehaltene Einheiten.
FAQ
What transactions did Richard H. Anderson report on the Form 4 for NSC?
How will the deferred stock units be settled according to the filing?
How will the restricted stock units be settled according to the filing?
When were the reported transactions dated and when was the Form 4 signed?
What is the reporting person's role at Norfolk Southern?
