Director David M. Moffett awarded 4,455 CSX (CSX) shares as deferred fees

Rhea-AI Filing Summary

CSX Corporation director David M. Moffett reported an indirect acquisition of 4,455 shares of CSX common stock on February 26, 2026 as a grant of director fees in stock under the 2019 CSX Stock and Incentive Award Plan. The shares are held in the CSX Directors Deferred Compensation Plan, bringing his reported indirect holdings there to 70,568 shares, including shares previously acquired through dividend reinvestment.

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^*

MOFFETT DAVID M

(Last) (First) (Middle)

500 WATER STREET

15TH FLOOR

(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
	Officer (give title below)		Other (specify below)

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		4,455(1)	A	$0	70,568(2)	I	CSX Corporation Directors Deferred Compensation(3)

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

Explanation of Responses:

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.

2. Includes 1,039 shares acquired through the reinvestment of dividends since February 14, 2025, the date of the last reportable transaction.

3. 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.

Remarks:

Power of Attorney is attached as Exhibit 24 hereto.

	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.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did CSX (CSX) director David M. Moffett report?

David M. Moffett reported an indirect acquisition of 4,455 CSX common shares as a grant of director fees under the 2019 CSX Stock and Incentive Award Plan, paid in stock rather than cash and recorded in a deferred compensation plan.

Was the CSX (CSX) Form 4 transaction an open-market stock purchase or sale?

The Form 4 shows a grant or award acquisition, not an open-market trade. The 4,455 CSX shares represent director fees and/or annual retainer paid in stock under the 2019 plan, with a reported price of $0.0000 per share.

How many CSX (CSX) shares does David M. Moffett now report indirectly holding?

After this transaction, Moffett reports 70,568 CSX common shares held indirectly through the CSX Directors Deferred Compensation Plan. This total includes 1,039 shares that were acquired through reinvestment of dividends since the prior reportable transaction on February 14, 2025.

Through what entity are David M. Moffett’s CSX (CSX) shares held?

The reported CSX shares are held by the trustee of the CSX Directors Deferred Compensation Plan. According to the disclosure, these shares are payable after he ceases to be a director or in line with his applicable deferral election under the plan’s terms.

What plan governs the CSX (CSX) stock grant reported by director David M. Moffett?

The stock grant is made under the 2019 CSX Stock and Incentive Award Plan. Footnotes describe it as an exempt payment of director’s fees and/or annual retainer in the form of CSX common stock, credited into the CSX Directors Deferred Compensation Plan.