CSX (CSX) director and Vice Chairman gifts 10,000 CSX shares

Rhea-AI Filing Summary

CSX Corporation director reports charitable gift of company stock. A CSX Corporation (CSX) director and Vice Chairman of the Board reported gifting 10,000 shares of common stock on 12/04/2025, at a reported price of $0 per share, reflecting a contribution to certain charitable organizations.

Following this transaction, the reporting person holds 18,284 shares of CSX common stock directly and may be deemed to beneficially own an additional 1,454,098 shares indirectly through various entities that hold CSX shares. The reporting person disclaims beneficial ownership of the indirectly held shares except to the extent of any pecuniary interest.

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^*

Hilal Paul C

(Last) (First) (Middle)

712 FIFTH AVENUE,

SUITE 17F

(Street)

NEW YORK NY 10019

(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)
12/04/2025

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	12/04/2025		G		10,000(1)	D	$0	18,284	D
Common Stock								1,454,098	I	See footnote(2)

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. Shares contributed by Reporting Person to certain charitable organizations.

2. By virtue of Reporting Person's position as ultimately controlling various entities that hold shares in CSX Corporation, Reporting person may be deemed to be the beneficial owner of these shares for purposes of Rule 16a-1(a) under the Exchange Act. Reporting Person disclaims beneficial ownership of any of these shares, except to the extent of any pecuniary interest therein. Reporting Person continues to serve as a director and as Vice Chairman of the Board of CSX Corporation and as a result, the entities referenced in this footnote 2 are directors by deputization for purposes of Section 16 of the Exchange Act.

	/s/ Paul Hilal	12/05/2025
	** 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) disclose in this Form 4?

The filing reports that a CSX Corporation director and Vice Chairman of the Board made a gift of 10,000 shares of CSX common stock on 12/04/2025, contributed to certain charitable organizations.

How many CSX (CSX) shares does the reporting person own directly after this transaction?

After the reported gift, the reporting person directly owns 18,284 shares of CSX common stock.

What is the nature of the indirect ownership reported for CSX (CSX) shares?

The filing states that the reporting person may be deemed to beneficially own 1,454,098 shares indirectly by virtue of ultimately controlling various entities that hold CSX Corporation shares, but disclaims beneficial ownership of these shares except to the extent of any pecuniary interest.

What was the transaction code used for the CSX (CSX) stock movement?

The transaction is coded as "G" in Table I, which the form uses to denote a gift of securities.

Was cash received for the 10,000 CSX (CSX) shares transferred?

No cash was reported; the 10,000 shares of CSX common stock were transferred at a reported price of $0 per share as a charitable contribution.

What roles does the reporting person hold at CSX (CSX)?

The filing notes that the reporting person serves as a director and as Vice Chairman of the Board of CSX Corporation.