STOCK TITAN

CSX executive has 12,611 shares withheld for taxes

The reported tax withholding left CSX's EVP & COO with 85,150 shares of common stock held directly.

(Very High)

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Form Type
4

Rhea-AI Filing Summary

CSX reported that EVP & COO Michael A. Cory had 12,611 shares of common stock withheld on September 25, 2026, to satisfy a tax obligation. The reported transaction price was $46.78 per share, and he held 85,150 shares directly afterward. No Rule 10b5-1 plan is reported for the transaction. The post-transaction holdings include 1,394 shares acquired through reinvestment of dividends since September 25, 2023, the restricted stock unit grant date, and 376 shares acquired under the CSX Employee Stock Purchase Plan on June 30, 2026.

Insights

Analyzing...

Insider Cory Michael A.
Role EVP & COO
Type Security Shares Price Value
Tax Withholding Common Stock F1, F2 12,611 $46.78 $590K
Holdings After Transaction: Common Stock — 85,150 shares (Direct)
Footnotes (2)
  1. F1. Withholding of stock to satisfy tax obligation.
  2. F2. Includes 1,394 shares acquired through the reinvestment of dividends since September 25, 2023, the grant date of the restricted stock units, and 376 shares acquired under the CSX Employee Stock Purchase Plan on June 30, 2026.
Shares withheld 12,611 shares To satisfy a tax obligation on September 25, 2026
Reported transaction price $46.78 per share September 25, 2026 tax-withholding transaction
Direct shares held after transaction 85,150 shares After the transaction on September 25, 2026
Shares acquired through reinvestment of dividends 1,394 shares Since September 25, 2023, the restricted stock unit grant date
Employee Stock Purchase Plan shares 376 shares Acquired on June 30, 2026
restricted stock units financial
"the grant date of the restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
reinvestment of dividends financial
"shares acquired through the reinvestment of dividends"
Employee Stock Purchase Plan financial
"shares acquired under the CSX Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many CSX shares did Michael A. Cory have withheld for taxes?

Michael A. Cory had 12,611 CSX common shares withheld on September 25, 2026, to satisfy a tax obligation. He held 85,150 shares directly after the transaction.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
Cory Michael A.

(Last)(First)(Middle)
500 WATER STREET
15TH FLOOR

(Street)
JACKSONVILLE FLORIDA 32202

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
CSX CORP [ CSX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP & COO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/25/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock09/25/2026F12,611(1)D$46.7885,150(2)D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Withholding of stock to satisfy tax obligation.
2. Includes 1,394 shares acquired through the reinvestment of dividends since September 25, 2023, the grant date of the restricted stock units, and 376 shares acquired under the CSX Employee Stock Purchase Plan on June 30, 2026.
Kacey D. Heekin-Luchin, Attorney-in-Fact09/28/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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