Filing Details

Accession Number:
0001225208-22-009259
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-08-04 11:32:46
Reporting Period:
2022-08-02
Accepted Time:
2022-08-04 11:32:46
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
702165 Norfolk Southern Corp NSC Railroads, Line-Haul Operating (4011) 521188014
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1305086 A James Squires 650 W Peachtree St Nw
Atlanta GA 30308
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2022-08-02 105,420 $70.32 148,148 No 4 M Direct
Common Stock Disposition 2022-08-02 132 $250.86 148,016 No 4 S Direct
Common Stock Disposition 2022-08-02 6,295 $250.21 141,721 No 4 S Direct
Common Stock Disposition 2022-08-02 46,043 $249.13 95,678 No 4 S Direct
Common Stock Disposition 2022-08-02 52,950 $248.35 42,728 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Option (right to buy, granted 2016) Disposition 2022-08-02 105,420 $0.00 105,420 $70.32
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2020-01-28 2026-01-27 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 165 Indirect By 401(k) Plan
Common Stock 20,000 Indirect By GRATs
Common Stock 32,613 Indirect By Spouse
Common Stock 11,637 Indirect By the E.H. Squires Irrevocable Trust
Common Stock 11,637 Indirect By the M.O. Squires Irrevocable Trust
Footnotes
  1. Excludes 20,000 shares which remain held indirectly in a grantor retained annuity trust (GRAT), previously held directly.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $250.85 to $250.88, inclusive. The reporting person undertakes to provide to Norfolk Southern Corporation, security holders of Norfolk Southern Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) through (5) to this Form 4.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $249.79 to $250.78, inclusive.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $248.79 to $249.78, inclusive.
  5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $247.79 to $248.78, inclusive.
  6. Represents the approximate number of whole shares of Common Stock estimated -- on the basis of the unit accounting system used by the Plan Administrator -- as of August 2, 2022, to have been credited to the reporting person's account in the Norfolk Southern Corporation Thrift and Investment Plan (TIP), a trusted 401(k) plan. In accordance with TIP's terms applicable to all participants, acquisitions were made at various times and at various prices.
  7. Represents shares held by irrevocable trust for the benefit of the reporting person's child. The reporting person's spouse is the trustee of the trust. The reporting person has no pecuniary interest or investment control over these shares.
  8. Reflects exercise and resulting cancellation of stock option, in a single transaction, exempt from Section 16(b). The stock option was granted under the Long-Term Incentive Plan (a Rule 16b-3 plan).