CSX Corp (CSX) director receives 4,455-share stock compensation grant

Rhea-AI Filing Summary

CSX Corp director Linda H. Riefler reported an award of 4,455 shares of CSX common stock as compensation, classified as a grant or other acquisition. The shares were received as an exempt payment of director fees and/or annual retainer in CSX stock under the 2019 CSX Stock and Incentive Award Plan and are held indirectly through the CSX Directors Deferred Compensation Plan.

After this award and related activity, indirect holdings through the directors’ deferred compensation plan total 32,450 shares, which include 440 shares acquired via dividend reinvestment since February 14, 2025. Riefler also reports 42,869 shares held directly and 6,750 shares held indirectly through a spouse’s 401(k) account.

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

OMB APPROVAL

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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^*

RIEFLER LINDA H

(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	32,450(2)	I	CSX Corporation Directors Deferred Compensation(3)
Common Stock								42,869	D
Common Stock								6,750	I	Spouse's 401(k) Account

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 440 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 Linda Riefler report?

Linda H. Riefler reported an acquisition of 4,455 CSX common shares as a stock-based director fee award. The grant was made under the 2019 CSX Stock and Incentive Award Plan and is held indirectly through the CSX Directors Deferred Compensation Plan.

How were the 4,455 CSX (CSX) shares received by director Linda Riefler?

The 4,455 CSX shares were received as an exempt payment of director’s fees and/or annual retainer in stock. They were granted pursuant to CSX’s 2019 Stock and Incentive Award Plan and credited to the CSX Directors Deferred Compensation Plan for the benefit of Linda H. Riefler.

What are Linda Riefler’s indirect CSX (CSX) holdings after this Form 4?

After the reported award, Linda H. Riefler has 32,450 CSX shares indirectly through the CSX Directors Deferred Compensation Plan. This figure includes 440 shares acquired via dividend reinvestment since February 14, 2025, plus the newly credited stock compensation grant.

What direct CSX (CSX) shareholdings does Linda Riefler report?

Linda H. Riefler reports 42,869 CSX common shares held directly in her name. This direct ownership is separate from her indirect interests through the directors’ deferred compensation plan and her spouse’s 401(k) account, which are reported as indirect holdings.

How many CSX (CSX) shares are reported in Linda Riefler’s spouse’s 401(k)?

The filing shows 6,750 CSX common shares held indirectly through Linda H. Riefler’s spouse’s 401(k) account. These shares are reported as indirect ownership, reflecting beneficial interest associated with the reporting person through a spouse’s retirement plan.

Did Linda Riefler buy CSX (CSX) shares on the open market in this filing?

No open-market purchase is reported. The Form 4 describes a grant or other acquisition of 4,455 shares as stock-based director compensation, plus dividend reinvestment, rather than a traditional market buy or sell transaction in CSX shares.