CSX (CSX) director awarded 791 shares in deferred stock-fee grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CSX CORP director J Steven Whisler reported stock-based compensation rather than an open‑market trade. On June 15, 2026, he received 791 shares of CSX common stock at $47.39 per share as exempt payment of director’s fees under the 2019 CSX Stock and Incentive Award Plan.
These shares are held indirectly through the CSX Directors Deferred Compensation Plan and are payable after he ceases to be a director or according to his deferral election. After this award, one reported indirect balance totals 97,326 shares, while a separate direct holding line shows 126,354 shares. One of the reported balances includes 606 shares acquired via dividend reinvestment since March 13, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
WHISLER J STEVEN
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 791 | $47.39 | $37K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 97,326 shares (Indirect, CSX Corporation Directors Deferred Compensation Plan);
Common Stock — 126,354 shares (Direct, null)
Footnotes (1)
- Exempt payment of director's fees and/or annual retainer in the form of CSX Common Stock pursuant to the 2019 CSX Stock and Incentive Award Plan. Includes 606 shares acquired through the reinvestment of dividends since March 13, 2026, the date of the last reportable transaction. By Trustee, CSX Directors Deferred Compensation Plan (the "Plan"). The shares are payable after the reporting person ceases to be a director or otherwise pursuant to the applicable deferral election under the Plan.
Key Figures
Director stock award: 791 shares
Award price: $47.39 per share
Indirect holdings after award: 97,326 shares
+2 more
5 metrics
Director stock award
791 shares
Common Stock granted as director fees on June 15, 2026
Award price
$47.39 per share
Value used for 791-share director fee award
Indirect holdings after award
97,326 shares
Balance in CSX Directors Deferred Compensation Plan after transaction
Direct holdings line
126,354 shares
Reported direct ownership of CSX common stock
Dividend reinvestment
606 shares
Shares acquired via dividend reinvestment since March 13, 2026
Key Terms
2019 CSX Stock and Incentive Award Plan, CSX Directors Deferred Compensation Plan, deferred compensation, reinvestment of dividends
4 terms
2019 CSX Stock and Incentive Award Plan financial
"Exempt payment of director's fees and/or annual retainer in the form of CSX Common Stock pursuant to the 2019 CSX Stock and Incentive Award Plan."
CSX Directors Deferred Compensation Plan financial
"By Trustee, CSX Directors Deferred Compensation Plan (the "Plan")."
deferred compensation financial
"The shares are payable after the reporting person ceases to be a director or otherwise pursuant to the applicable deferral election under the Plan."
Deferred compensation is pay that employees or executives have earned now but will receive at a later date, such as delayed bonuses, retirement benefits, or stock grants. It matters to investors because it creates future obligations and shapes incentives—like a promise to pay later that can affect a company’s reported profits, cash needs and potential stock dilution—so it helps signal how a business manages costs and retains key people.
reinvestment of dividends financial
"Includes 606 shares acquired through the reinvestment of dividends since March 13, 2026, the date of the last reportable transaction."
FAQ
What did CSX (CSX) director J Steven Whisler report on this Form 4?
He reported receiving 791 CSX common shares as stock-based director fees, valued at $47.39 per share. The award was made under the 2019 CSX Stock and Incentive Award Plan and is structured as deferred compensation rather than an open-market purchase.
Was the CSX (CSX) Form 4 a stock purchase or compensation grant?
The filing shows a compensation grant, not an open-market purchase. Whisler received 791 shares as exempt payment of director’s fees, credited under CSX’s 2019 Stock and Incentive Award Plan, and held within the CSX Directors Deferred Compensation Plan structure.
What is the CSX Directors Deferred Compensation Plan mentioned in the Form 4?
The CSX Directors Deferred Compensation Plan is a vehicle where director fees can be deferred into CSX stock units. In this filing, 791 shares related to Whisler’s fees were credited to the plan, payable after he leaves the board or as specified in his deferral election.
How were dividend reinvestments reported in this CSX (CSX) Form 4?
One reported share balance includes 606 CSX shares acquired through dividend reinvestment since March 13, 2026, the date of the last reportable transaction. This reflects automatic reinvestment of dividends rather than new discretionary buying activity in the open market.