CSX Corporation filings document a Virginia-incorporated public railroad company with common stock listed on the NASDAQ Global Select Market under CSX. Recent Form 8-K reports furnish quarterly financial and operating results and disclose material events, including executive appointments, officer separations, compensatory arrangements and debt financing activity.
CSX proxy materials cover board matters, executive compensation, equity awards and shareholder voting items. Its capital-markets filings and related 8-K disclosures describe shelf registration use, underwriting agreements, prospectus supplements, indenture terms and notes due 2035, while recurring filings identify the company’s registered common stock and public-company governance framework.
CSX Corporation reported several governance and capital allocation updates. The company separated from employment with Executive Vice President and Chief Digital & Technology Officer Stephen Fortune, effective immediately. His severance benefits will follow the CSX Executive Severance Plan once a customary separation agreement and release are signed.
Steve Watkins, previously Vice President of Product Management for Rail Operations, will assume Fortune’s responsibilities and report to Executive Vice President and Chief Financial Officer Kevin S. Boone. Shareholders elected all listed director nominees and approved the other matters presented at the Annual Meeting, based on strong "for" vote totals.
The Board of Directors also authorized a new share repurchase program with $5 billion of additional capacity, supplementing approximately $989 million that remained under the existing program as of March 31, 2026. Repurchases may occur through open market purchases, Rule 10b5-1 plans, accelerated share repurchases, and negotiated block trades at the Board’s discretion.
ANGEL STEPHEN F reported acquisition or exercise transactions in this Form 4 filing.
CSX CORP President & CEO Stephen F. Angel reported a compensation-related transaction involving phantom stock tied to CSX common shares. He received an award of 200 units of phantom stock at an indicated value of $45.09 per unit, credited under the CSX Executive Deferred Compensation Plan.
Each phantom stock unit is economically equivalent to one share of CSX common stock but is payable in cash, according to the distribution election made at the time of deferral. Following this grant, his indirect holdings in this phantom stock account total 1,632 units, all held through the CSX Corporation Executive Deferred Compensation Plan trustee.
Vanguard Capital Management reported beneficial ownership of 139,956,863 shares of CSX Corp Common Stock, representing 7.52% of the class, via a Schedule 13G filing. The filing shows sole voting power for 19,123,808 shares and sole dispositive power for 139,956,863 shares. The filing was signed on 04/29/2026 by Ashley Grim as Head of Global Fund Administration.
CSX Corporation reported stronger first quarter 2026 results with higher profits and improved efficiency. Revenue rose to $3.48 billion from $3.42 billion, while expenses fell to $2.23 billion. Operating income increased to $1.25 billion and operating margin improved to 36.0%, driven by cost reductions and property gains.
Net earnings grew to $807 million, lifting diluted earnings per share to $0.43 from $0.34. Free cash flow before dividends increased to $793 million as higher earnings and lower capital spending more than offset working capital pressure. CSX also raised its quarterly dividend 8% to $0.14 per share and repurchased 6 million shares under its $5 billion buyback program.
CSX Corporation reported stronger results for the quarter ended March 31, 2026. Revenue rose to $3.48 billion, up 2% from $3.42 billion a year earlier, as higher merchandise pricing, intermodal volume growth, higher domestic coal revenue and increased fuel surcharges more than offset weaker export coal revenue.
Operating income increased to $1.25 billion from $1.04 billion, lifting operating margin to 36.0% from 30.4%. Net earnings grew to $807 million, or $0.43 per diluted share, compared with $646 million, or $0.34 per share, helped by a 6% decline in total expenses and efficiency savings across labor and purchased services.
Total volume reached 1.56 million units, 3% higher than the prior year quarter, led by 6% growth in intermodal and modest gains in most merchandise categories. Free cash flow before dividends improved to $793 million from $559 million, while CSX repurchased 6 million shares for $222 million and ended the quarter with $964 million in cash and cash equivalents.
CSX CORP President & CEO Stephen F. Angel reported an acquisition of phantom stock units through a company deferred compensation plan. On April 1, 2026, he received a grant of 218 units of phantom stock at a reference price of $41.44 per unit, held indirectly in the CSX Executive Deferred Compensation Plan.
Each phantom stock unit is the economic equivalent of one share of CSX common stock and will be settled in cash according to his prior distribution election. After this award, his plan account holds 1,432 phantom stock units, which includes 3.57 units credited in connection with a March 13, 2026 dividend at $37.18 per share.
CSX Corporation has filed its 2026 proxy statement, asking shareholders to elect 12 directors, ratify Ernst & Young as auditor, and approve an advisory vote on executive pay. The company highlights a challenging 2025 with modest volume growth but lower profitability and earnings per share.
Revenue for 2025 was $14.1 billion, with operating income of $4.52 billion and adjusted operating income of $4.69 billion, down from the prior year. Reported EPS was $1.54, or $1.61 on an adjusted basis, compared with $1.79 and $1.83 in 2024.
CSX generated $4.6 billion in operating cash flow, invested about $2.9 billion in property additions, and produced roughly $1.8 billion of free cash flow. The company returned nearly $2.4 billion to shareholders via about $1.4 billion of share repurchases and around $970 million of dividends.
The proxy emphasizes major infrastructure completions, including the Blue Ridge Subdivision rebuild, the Howard Street Tunnel project, and the CREATE 75th Street Flyover, along with strong intermodal growth and sustainability efforts. It also details governance practices, board refreshment, leadership changes including CEO Steve Angel, and a pay-for-performance compensation framework.
The Vanguard Group amended its Schedule 13G to report that, after an internal realignment effective January 12, 2026, certain subsidiaries will report beneficial ownership separately. The filing states amount beneficially owned: 0 and percent of class: 0% for CSX Corp common stock.
The amendment is signed by Ashley Grim, Head of Global Fund Administration, dated 03/26/2026. The filing explains the disaggregation follows SEC Release No. 34-39538 and that Vanguard no longer is deemed to beneficially own securities held by those subsidiaries.
WHISLER J STEVEN reported acquisition or exercise transactions in this Form 4 filing.
CSX CORP director J. Steven Whisler received an award of 954 shares of Common Stock valued at $39.30 per share. The shares were issued as payment of director fees and/or the annual retainer under the 2019 CSX Stock and Incentive Award Plan and credited to the CSX Directors Deferred Compensation Plan. Following this award, Whisler holds 95,929 shares indirectly through the plan and 126,354 shares directly.