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CSX Corp (CSX) VP receives new stock options and share awards

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(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

CSX Corp reported that Angela C. Williams, its Vice President and Chief Accounting Officer, received new equity awards. She was granted options on 9,352 shares at an exercise price of $0.00 and an award of 1,876 shares of common stock on February 26, 2026.

Both the restricted stock units and the options were awarded under the CSX Corporation 2026-2028 Long-Term Incentive Plan and vest in three equal installments on February 26, 2027, February 26, 2028, and February 26, 2029. The filing also notes indirect ownership of common stock through the CSX Corporation 401(k) and Savings Thrift plans.

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Insider Williams Angela C
Role VP & Chief Accounting Officer
Type Security Shares Price Value
Grant/Award Option 9,352 $0.00 --
Grant/Award Common Stock 1,876 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Option — 9,352 shares (Direct); Common Stock — 40,371 shares (Direct); Common Stock — 9,415 shares (Indirect, CSX Corporation 401(k) Plan)
Footnotes (1)
  1. Restricted stock units awarded pursuant to the CSX Corporation 2026-2028 Long-Term Incentive Plan. The units vest in three equal installments on February 26, 2027, February 26, 2028 and February 26, 2029. By Trustee, CSX Corporation Savings Thrift Plan. The number reflects equivalent shares of cash value held in the CSX Stock Fund, which amounts will fluctuate dependent upon the daily net asset value of the fund. Options awarded pursuant to the CSX Corporation 2026 - 2028 Long-Term Incentive Plan. The options vest in three equal installments on February 26, 2027, February 26, 2028 and February 26, 2029.
Form 4 Insider Transactions: What Each Field Means →
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
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*
Williams Angela C
(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
VP & Chief Accounting Officer
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 1,876(1) A $0 40,371 D
Common Stock 9,415 I CSX Corporation 401(k) Plan(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
Option $42.65 02/26/2026 A 9,352(3) (4) 02/26/2036 Common Stock 9,352 $0 9,352 D
Explanation of Responses:
1. Restricted stock units awarded pursuant to the CSX Corporation 2026-2028 Long-Term Incentive Plan. The units vest in three equal installments on February 26, 2027, February 26, 2028 and February 26, 2029.
2. By Trustee, CSX Corporation Savings Thrift Plan. The number reflects equivalent shares of cash value held in the CSX Stock Fund, which amounts will fluctuate dependent upon the daily net asset value of the fund.
3. Options awarded pursuant to the CSX Corporation 2026 - 2028 Long-Term Incentive Plan.
4. The options vest in three equal installments on February 26, 2027, February 26, 2028 and February 26, 2029.
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.

Source: View Original Filing on SEC EDGAR

FAQ

What does the latest CSX (CSX) Form 4 filing report?

The Form 4 reports equity awards to CSX executive Angela C. Williams, including options and restricted stock units. These awards were granted under the 2026-2028 Long-Term Incentive Plan and follow a multi-year vesting schedule ending in 2029.

How many stock options did Angela C. Williams receive from CSX (CSX)?

Angela C. Williams received 9,352 stock options on February 26, 2026. These options were granted at an exercise price of $0.00 under the CSX Corporation 2026-2028 Long-Term Incentive Plan and vest in three equal annual installments through 2029.

How many CSX (CSX) common shares were granted in the latest award?

She was granted 1,876 shares of CSX common stock on February 26, 2026. These shares are structured as restricted stock units and vest in three equal installments on February 26, 2027, February 26, 2028, and February 26, 2029.

What is the vesting schedule for the new CSX (CSX) equity awards?

Both the restricted stock units and the options vest in three equal installments. Vesting dates are February 26, 2027, February 26, 2028, and February 26, 2029, aligning with CSX’s 2026-2028 Long-Term Incentive Plan period.

Are the CSX (CSX) equity awards open-market purchases or grants?

The awards are grants, not open-market purchases. The Form 4 uses transaction code A for “grant, award, or other acquisition,” with both the options and the restricted stock units showing a $0.00 transaction price per share.

What indirect CSX (CSX) holdings are disclosed for Angela C. Williams?

The filing discloses indirect ownership through the CSX Corporation 401(k) and Savings Thrift plans. A trustee holds equivalent shares in a CSX stock fund, and the number of equivalent shares can fluctuate with the fund’s daily net asset value.