CSX (CSX) CEO granted restricted stock units and options for 2026–2028

Rhea-AI Filing Summary

CSX President & CEO Stephen F. Angel reported new equity awards. On February 26, 2026 he acquired 63,306 shares of common stock as restricted stock units granted at no cash cost, and 315,618 stock options, both under the CSX Corporation 2026–2028 Long-Term Incentive Plan.

The restricted units and options vest in three equal installments on February 26, 2027, February 26, 2028, and February 26, 2029, aligning compensation with multi‑year performance. He also has 1,765 common shares held indirectly through the CSX Corporation 401(k) savings and thrift plan.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

ANGEL STEPHEN F

(Last) (First) (Middle)

500 WATER STREET

(Street)

JACKSONVILLE FL 32202

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CSX CORP [ CSX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & CEO

3. Date of Earliest Transaction (Month/Day/Year)
02/26/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/26/2026		A		63,306(1)	A	$0	121,540	D
Common Stock								1,765	I	CSX Corporation 401(k) Plan(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Option	$42.65	02/26/2026		A		315,618(3)		(4)	02/26/2036	Common Stock	315,618	$0	315,618	D

Explanation of Responses:

1. Restricted stock units awarded pursuant to the CSX Corporation 2026-2028 Long-Term Incentive Plan. The units vest in three equal installments on February 26, 2027, February 26, 2028 and February 26, 2029.

2. By Trustee, CSX Corporation Savings Thrift Plan. The number reflects equivalent shares of cash value held in the CSX Stock Fund, which amounts will fluctuate dependent upon the daily net asset value of the fund.

3. Options awarded pursuant to the CSX Corporation 2026 - 2028 Long-Term Incentive Plan.

4. The options vest in three equal installments on February 26, 2027, February 26, 2028 and February 26, 2029.

	Kacey D. Heekin-Luchin, Attorney-in-Fact	03/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transactions did CSX (CSX) report for Stephen F. Angel?

CSX President & CEO Stephen F. Angel reported equity grants dated February 26, 2026. He received 63,306 restricted stock units and 315,618 stock options under the 2026–2028 Long-Term Incentive Plan, plus disclosed indirect holdings in the company’s 401(k) savings and thrift plan.

How many stock options were granted to the CSX CEO in this Form 4?

The CSX CEO received 315,618 stock options on February 26, 2026. These options were awarded under the CSX Corporation 2026–2028 Long-Term Incentive Plan and vest in three equal installments on February 26, 2027, February 26, 2028, and February 26, 2029.

What restricted stock units did CSX (CSX) grant to its CEO?

CSX granted 63,306 restricted stock units to its President & CEO on February 26, 2026. The award was made at no cash cost to him under the 2026–2028 Long-Term Incentive Plan and vests in three equal annual installments through February 26, 2029.

What is the vesting schedule for the CSX CEO’s new equity awards?

Both the restricted stock units and stock options vest in three equal installments. Vesting dates are February 26, 2027, February 26, 2028, and February 26, 2029, tying the CEO’s compensation to CSX’s multi‑year performance and long-term incentive period.

How are Stephen F. Angel’s indirect CSX holdings reported in this filing?

The filing reports 1,765 common shares held indirectly through the CSX Corporation 401(k) Savings Thrift Plan. These are equivalent share units in the CSX Stock Fund, with amounts fluctuating daily based on the fund’s net asset value as managed by the plan trustee.