[Form 4] CSX Corporation Insider Trading Activity

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider Pelkey Sean R.

Role EVP & CFO

Type	Security	Shares	Price	Value
Other	Common Stock	5,503	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	2,037	$33.47	$68K
Other	Common Stock	5,503	$32.63	$180K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 110,875 shares (Direct); Common Stock — 25,925 shares (Indirect, CSX Corporation Executive Deferred Compensation Plan); Common Stock — 1,073 shares (Indirect, CSX Corporation 401(k) Plan)

Footnotes (5)

1. F1. Distribution of shares to the Reporting Person from the CSX Executive Deferred Compensation Plan (the "Plan") pursuant to an election made under the Plan by the Reporting Person on October 26, 2022.
2. F2. Includes 662 shares acquired under the CSX Employee Stock Purchase Plan ("ESPP").
3. F3. By Trustee, CSX Corporation Savings Thrift Plan. The number reflects equivalent shares of cash value held in CSX Stock Fund, which amounts will fluctuate dependent upon daily net asset value of the fund.
4. F4. Withholding of stock to satisfy tax obligation.
5. F5. By Trustee, CSX Corporation Executive Deferred Compensation Plan.

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Accepted by SEC EDGAR 07/02/2025 - 08:44 PM Learn about SEC filing dates

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^*

Pelkey Sean R.

(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)
	EVP & CFO

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2025

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	06/30/2025		J(1)		5,503(1)	A	$0(1)	112,912(2)	D
Common Stock	06/30/2025		F		2,037(4)	D	$33.47	110,875	D
Common Stock	06/30/2025		J		5,503	D	$32.63	25,925	I	CSX Corporation Executive Deferred Compensation Plan(5)
Common Stock								1,073	I	CSX Corporation 401(k) Plan(3)

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. Distribution of shares to the Reporting Person from the CSX Executive Deferred Compensation Plan (the "Plan") pursuant to an election made under the Plan by the Reporting Person on October 26, 2022.

2. Includes 662 shares acquired under the CSX Employee Stock Purchase Plan ("ESPP").

3. By Trustee, CSX Corporation Savings Thrift Plan. The number reflects equivalent shares of cash value held in CSX Stock Fund, which amounts will fluctuate dependent upon daily net asset value of the fund.

4. Withholding of stock to satisfy tax obligation.

5. By Trustee, CSX Corporation Executive Deferred Compensation Plan.

	/s/ Tammy D. Butler, Attorney-in-Fact	07/02/2025
	** 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.