CSX (CSX) director Whisler receives 954-share stock fee award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WHISLER J STEVEN reported acquisition or exercise transactions in this Form 4 filing.
CSX CORP director J. Steven Whisler received an award of 954 shares of Common Stock valued at $39.30 per share. The shares were issued as payment of director fees and/or the annual retainer under the 2019 CSX Stock and Incentive Award Plan and credited to the CSX Directors Deferred Compensation Plan. Following this award, Whisler holds 95,929 shares indirectly through the plan and 126,354 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
WHISLER J STEVEN
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 954 | $39.30 | $37K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 95,929 shares (Indirect, CSX Corporation Directors Deferred Compensation Plan);
Common Stock — 126,354 shares (Direct)
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. 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.
FAQ
What insider transaction did CSX (CSX) report for director J. Steven Whisler?
CSX reported that director J. Steven Whisler acquired 954 shares of Common Stock. The shares were granted as payment of director fees and/or annual retainer under the 2019 CSX Stock and Incentive Award Plan, not through an open-market purchase.
Was the CSX (CSX) Form 4 transaction for J. Steven Whisler an open-market buy or a compensation award?
The transaction was a compensation-related award, not an open-market purchase. The filing identifies the code as a grant or award, representing payment of director fees and/or annual retainer in CSX Common Stock pursuant to the 2019 stock and incentive plan.